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These gold nobles, together with half-nobles (40 pence) and farthings or quarter-nobles (20 pence), became the first English gold coins produced in quantity. The introduction of the larger French gros tournois coins in 1266, and their subsequent popularity, led to additional denominations in the form of groats worth four pence and half groats worth two pence. The accounting system of dividing one pound into twenty shillings, a shilling into twelve pence, and a penny into four farthings was adopted