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 laborers for a denary a day, he sent them into his vineyard.
And the servants, going out into the highways, gathered together all whom they found, both bad and good; and the bridal-hall was filled with guests.
But He saith to them, "Give ye them to eat." And they said to Him, "Going, shall we buy two hundred denaries worth of loaves, and give them to eat?"
Shall we give, or shall we not give?" But He, knowing their hypocrisy, said to them, "Why are ye tempting Me? Bring Me a denary, that I may see it."
"Show Me a denary. Whose image and inscription has it?" And, answering; they said, "Caesar's."
Philip answered Him, "Two hundred denaries worth of bread is not sufficient for them, that each one may take a little."
And I heard as if a voice in the midst of the four living creatures, saying, "A measure of wheat for a denary, and three measures of barley for a denary; and the oil and the wine do not hurt."