A knut is a small bronze coin used as wizarding currency; twenty-nine knuts is equal to one sickle[1].
A copy of the Daily Prophet costs five knuts, which was less than the amount Rubeus Hagrid kept in the pockets of his coat at all times[1].
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- ↑ 1.0 1.1 Harry Potter and the Philosopher's Stone (Chapter Five - Diagon Alley)