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
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