Which is correct?
- Fourteen pennies are worth fourteen cents.
- Fourteen pennies is worth fourteen cents.
I say number 2 is correct because in English, expressions of money, time, and distance are considered singular. Examples:
A. Twenty-six billion euros is a lot of money. Five cents is your change.
B. Five minutes is a long time when you're waiting for the bathroom.
C. Forty-two kilometers is equal to 26.2 miles.
That's my short and sweet explanation. If you want a more thorough explanation, see Agreement: Money, Time, and Measurements. The explanation is similar to the old "a couple is/a couple are" question.