Groat
(noun)
An old British coin worth four pence, or a similar coin used in other countries.
Origin:
Derived from the middle english word 'groat', which comes from the old english 'grāt'.
Examples:
- The groat was once a common form of currency in Britain, but had fallen out of use by the 19th century.
- Many collectors value old groats as fascinating pieces of history, and they can fetch high prices at auction.
- The groat was the largest coin in circulation in medieval Britain, and was widely used for large transactions.
- Some groats from the Middle Ages are extremely rare and valuable, with some examples fetching hundreds of thousands of pounds at auction.
- Despite its relative obscurity, the groat remains an important part of British numismatic history, and is sought after by collectors and historians alike.