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Encyclopedia Britannica



GROAT (adapted from the Dutch groot, great, thick; cf. Ger. Groschen; the Med. Lat. grossus gives Ital. grosso, Fr. gros, as names for the coin)

This article appears in Volume V12, Page 610 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: GRA-GUI
GROAT (adapted from the Dutch groot, great, thick; cf. Ger. Groschen; the Med. Lat. grossus 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 146o.


End of Article: GROAT (adapted from the Dutch groot, great, thick; cf. Ger. Groschen; the Med. Lat. grossus gives Ital. grosso, Fr. gros, as names for the coin)


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