Reference: Penny, Pennyworth
Smith
In the New Testament "penny," either alone or in the compound "pennyworth," occurs as the rendering of the Roman denarius.
Mt 20:2; 22:10; Mr 6:37; 12:15; Lu 20:24; Joh 6:7; Re 6:6
The denarius was the chief Roman silver coin, and was worth about 15 to 17 cents.
See Verses Found in Dictionary
And having agreed with the workmen for a denarius a day, he sent them into his vineyard.
And those bondmen having departed into the roads, they gathered together all, as many as they found, both bad and good. And the wedding was filled with those who were dining.
But having answered, he said to them, Give ye them to eat. And they say to him, After departing, shall we buy loaves of two hundred denarii, and give them to eat?
Should we give, or should we not give? But Jesus, knowing their hypocrisy, said to them, Why do ye test me? Bring me a denarius, so that I may see it.
Display to me a denarius. Whose image and inscription has it? And having answered, they said, Caesar's.
Philip answered him, Loaves of two hundred denarii of bread are not sufficient for them, so that each of them may take a little something.
And I heard a voice in the midst of the four beings saying, A measure of wheat for a denarius, and three measures of barley for a denarius. And thou may not harm the olive oil and the wine.