There was an old man
In a velvet coat,
He kissed a maid
And gave her a groat*.
The groat it was crack'd
And would not go,--
Ah, old man, do you serve me so?
*The groat was a coin used in Europe as currency.
The English groat came out in 1351-2 and was equal to four pence.
(four pence = five cents)