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See also:GROAT (adapted from the Dutch See also:groot, See also:great, thick; cf. Ger. Groschen; the Med. See also:Lat. grossus gives Ital. grosso, Fr. See also:gros, as names for the See also:coin) , a name applied as See also:early as the 13th See also:century on the See also:continent of See also:Europe to any large or thick See also:coin . The See also:groat was almost universally a See also:silver coin, but its value varied considerably, as well at different times as in different countries . The See also:English groat was first coined in 1351, of a value somewhat higher than a See also:penny . The continuous debasement of both the penny and the groat See also:left the latter finally See also:worth four pennies . The issue of the groat was discontinued after 1662, but a coin worth fourpence was again struck in 1836 . Although frequently referred to as a groat, it had no other See also:official designation than a " fourpenny piece." Its issue was again discontinued in 1856 . The groat was imitated in See also:Scotland by a coin struck by See also:David II. in 1358 . In See also:Ireland it was first struck by See also:Edward IV. in 146o . |
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