Penny in Biblical History

Bible History

Schaff's Bible Dictionary

Definitions in Biblical History
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What is a Penny?
PEN'NY
This word, so translated in our English Version for the Greek denarius, is equivalent to about sixteen cents or eight pence, and was a regular day's wages. The "penny" shown to Christ bore the likeness and name of Caesar (Tiberius), who had then been emperor for seventeen or eighteen years. Matt 22:19, 2 Chr 11:21, Denarius ought to have been retained or Anglicized into denar, with a marginal note giving its precise value. See Money.

Bibliography Information
Schaff, Philip, Dr. "Biblical Definition for 'penny' in Schaffs Bible Dictionary".
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