Fourpence (British coin) Fourpence (British coin) The pre-decimal fourpence (4d), sometimes known as a groat (from Dutch "grootpennig" = "big penny") or fourpenny bit, was a coin worth one sixtieth of a pound sterling, or four pence. The coin was also known as a joey after the MP Joseph Hume, who spoke in favour of its introduction. It was a revival of the pre-Union coin. Before Decimal Day in 1971 there were two hundred and forty pence in one pound sterling. Twelve pence made a shilling, and twenty shillings made a pound. Values less than a pound were usually written in terms of
Croat (coin) Croat (coin) The croat was a silver coin of Catalonia introduced by Peter III of Aragon in 1285 and minted at Barcelona. The term "croat" derives from the Latin "grossus denarius", great coin, a common term for silver coins of higher value than pennies. Peter III was inspired by the "gros" introduced by Louis IX of France. The "croat" was originally worth twelve "terns" of 25% silver billon. In 1340 the gold "florín" was introduced at a value of eleven "croats". The purity of the "florín" was fixed at eighteen carats (75% gold) in 1365. As the popularity of the