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
After agreeing with the workers on one denarius for the day, he sent them into his vineyard.
So those slaves went out on the roads and gathered everyone they found, both evil and good. The wedding banquet was filled with guests.
"You give them something to eat," He responded. They said to Him, "Should we go and buy 200 denarii worth of bread and give them something to eat?"
Should we pay, or should we not pay?" But knowing their hypocrisy, He said to them, "Why are you testing Me? Bring Me a denarius to look at."
"Show Me a denarius. Whose image and inscription does it have?" "Caesar's," they said.
Philip answered, "Two hundred denarii worth of bread wouldn't be enough for each of them to have a little."
Then I heard something like a voice among the four living creatures say, "A quart of wheat for a denarius, and three quarts of barley for a denarius-but do not harm the olive oil and the wine."