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 for a drachma a day, he sent them to his vineyard.
And those servants, having come to the ways, gathered together all, as many as they found, also both the evil and good, and the nuptial feast was filled with the reclining.
And having answered, he said to them, Give ye them to eat. And they say to him, Having gone, should we buy loaves of two hundred drachmas, and give them to eat?
Should we give, or not give? And he knowing their hypocrisy, said to them, Why tempt ye me? bring me a drachma that I might see it.
Show me drachma. Whose image and inscription has it? And having answered they said, Caesar's.
Philip answered him. Loaves of two hundred drachmas will not suffice them, that each of them should take some little.
And I heard a voice in the midst of the four living creatures saying, A measure of wheat for a drachma, and three measures of barley for a drachma; and thou shouldest not injure the oil and the wine.