The Collaborative International Dictionary of English v.0.48:

Baubee \Bau*bee"\, n.
   Same as Bawbee.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Bawbee \Baw*bee"\, n. [Perh. corrupt. fr. halfpenny.]
   A halfpenny. [Spelt also baubee.] [Scot. & Prov. Eng.]
   [1913 Webster]