HISTORY

The croat was a silver coin of Catalonia introduced by Peter III of Aragon in 1285. Alternative names were “croat barceloní”, or barcelonese croat, and also xamberg.One side featured the effigy of the Count of Barcelona, while the other had a big cross, from which the coin’s name was derived (creu= catalan name for cross).

Another theory postulates that the term “croat” derives from the Latin grossus denarius, great coin, a common term for silver coins of higher value than pennies.

One croat was originally worth 12 diners or terns. Sub-divisions of the Croat, such as the mig croat, or half croat, and the quart, or a quarter of a croat, were in use.

Croat coins were minted in Barcelona and in the now french town of Perpignan.

The last Croat coins were minted in Barcelona between the years 1705 and 1706, bearing first the effigy of Phillip V of Borbón, and then that of Charles III of Austria.

With almost 500 years of history, Croat is one of the most used and longest lived of the Catalan coins.