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GROAT (adapted from the Dutch See also: Europe to any large or thick See also: coin
.
The 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 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 official designation than a " fourpenny piece." Its issue was again discontinued in 1856
.
The groat was imitated in 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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