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Friday, November 22nd, 2024
the Week of Proper 28 / Ordinary 33
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Bible Encyclopedias
Groat

1911 Encyclopedia Britannica

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(adapted from the Dutch groot, great, thick; cf. Ger. Groschen; the Med. Lat. grosses gives Ital. grosso, Fr. gros, as names for the coin), a name applied as early as the 13th century on the continent of Europe to any large or thick coin. The groat was almost universally a silver coin, but its value varied considerably, as well at different times as in different countries. The English groat was first coined in 1351, of a value somewhat higher than a penny. The continuous debasement of both the penny and the groat 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 David II. in 1358. In Ireland it was first struck by Edward IV. in 1460.

Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Groat'. 1911 Encyclopedia Britanica. https://www.studylight.org/​encyclopedias/​eng/​bri/​g/groat.html. 1910.
 
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