In the New Testament "penny," either alone or in the compound "pennyworth," occurs as the rendering of the Roman denarius. (Matthew 20:2; 22:10; Mark 6:37; 12:15; Luke 20:24; John 6:7; Revelation 6:6) The denarius was the chief Roman silver coin, and was worth about 15 to 17 cents.
Main reference: Smith's Bible Dictionary (1860s)
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