far'-thing: The rendering of two words in the Greek of the New Testament, assarion, and kodrantes, Latin quadrans. The assarion was the tenth part of the denarius, and hence in value about one penny or two centuries The quadrans was the fourth part of the Roman as, and worth only about three mills, or less than the English farthing, and is the only term rendered farthing by the American Standard Revised Version. It occurs inMt 5:26andMr 12:42, while assarion, which occurs inMt 10:29andLu 12:6, is rendered "penny" by the American Standard Revised Version.
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International Standard Bible Encyclopedia
The International Standard Bible Encyclopedia, James Orr, General Editor, 1844–1913 edition.