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 the day, he sent them into his vineyard.
And those bondmen went out into the highways, and brought together all as many as they found, both evil and good; and the wedding feast was furnished with guests.
And he answering said to them, Give ye them to eat. And they say to him, Shall we go and buy two hundred denarii worth of bread and give them to eat?
Should we give, or should we not give? But he knowing their hypocrisy said unto them, Why tempt ye me? Bring me a denarius that I may see it.
Shew me a denarius. Whose image and superscription has it? And answering they said, Caesar's.
Philip answered him, Loaves for two hundred denarii are not sufficient for them, that each may have some little portion.
And I heard as a voice in the midst of the four living creatures saying, A choenix of wheat for a denarius, and three choenixes of barley for a denarius: and do not injure the oil and the wine.