Groat (coin) Groat (coin) The groat is the traditional name of a long-defunct English and Irish silver coin worth four pence, and also a Scottish coin originally worth fourpence, with later issues being valued at eightpence and one shilling. The name has also been applied to any thick or large coin, such as the "Groschen" ("grosso"), a silver coin issued by Tyrol in 1271 and Venice in the 13th century, which was the first of this general size to circulate in the Holy Roman Empire and other parts of Europe. The immediate ancestor to the groat was the French "gros tournois" or
Coin roll hunting silver was discontinued in 1968. Coins after 1968 were then minted in very high numbers, making silver coins uncommon, plus the introduction of silver-rejecting bank machines took many silver coins out of circulation. This all made silver too hard to find for coin roll hunters, so they primarily search for 1922-1964 nickels for their numismatic value and for 1965-1981 Nickels for their metal value, which slightly exceeds their face value. Pre-1997 pennies were also pulled out of circulation due to their copper high metal value prior to the removal of pennies from circulation in 2013. Other roll hunters attempt to