The croat is a Catalan silver coin created for the first time in 1285 by King Peter III of Aragon. Its main feature was the cross represented on the reverse from which the name of the coinage derives.

In 1462 Catalonia witnessed the uprising of Catalan institutions—the Generalitat and the Consell de Cent—against John II of Aragon, Count of Barcelona, who wielded political power in the region. The nobles championed an oligarchic system, in lieu of the absolutist monarchy defended by John II. Therefore, they offered the Catalan crown to King Henry IV of Castile from 1454 to 1474 who was already an enemy of John II. And so Henry IV became King and Lord of the Principality of Catalonia from 1462 to 1464.

Very few coins were minted under his rule all of them croats.

Obverse: The crowned bust of the king facing left and encircled by dots. Dotted and the following legend written in Gothic characters:

+ENRICUS:DEI:GRA:REX

Reverse: Equilateral cross pattée on a dotted circle which divides the legend into four parts. In each section formed by the circle and the cross groups of three dots 2nd and 3rd quadrants and ring 1st and 4th quadrants. Dotted Legend around the dotted circle:

CIVI-TASB-ARCK-NONA