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Gold coins (ix James I.) were raised by proclamation, 2s. in every 20s.
_Groat_.--In the Saxon time, we had no silver money bigger than
a penny, nor after the conquest, till Edward III. who about the year
1351, coined grosses (i.e. groats, or great pieces) which went for 4d.
a-piece; and so the matter stood till the reign of Henry VII. who in
1504 first coined shillings.