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 denary a day, he sent them into his vineyard.
'And those servants, having gone forth to the ways, did gather all, as many as they found, both bad and good, and the marriage-feast apartment was filled with those reclining.
And he answering said to them, 'Give ye them to eat,' and they say to him, 'Having gone away, may we buy two hundred denaries' worth of loaves, and give to them to eat?'
And he, knowing their hypocrisy, said to them, 'Why me do ye tempt? bring me a denary, that I may see;'
shew me a denary; of whom hath it an image and superscription?' and they answering said, 'Of Caesar:'
Philip answered him, 'Two hundred denaries' worth of loaves are not sufficient to them, that each of them may receive some little;'
and I heard 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 thou mayest not injure.'