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How much was 400 shekels worth in us currency in the bible when Abram bought the place to bury his wife?
Wiki User
∙ 10y ago
Ancient currency was based on a weight system. A shekel is equal to 14.1 grams or 0.497 ounces.
Today's silver prices hover around $22.50 per ounce.
So 400 shekels would weigh 198.8 ounces @ $22.50 = $4473 in today's money
That being said, it is difficult to ascertain the true value in Abraham's time. Since Abraham accepted the first price (and no doubt the highest price - bargaining was a well accepted practice), many speculate that he overpaid for the property. However, since he accepted and paid their first price, no one would ever be able to say that he cheated the sellers on the price of the land.
Also, the cost of living varies greatly around the world. If I have $100,000 to spend on a new house, I could get a pretty good size house in some areas and would do good to get a studio apartment in a major city.
This of course, is open to interpretation based on how people like to do the math and other variables (i.e. a silver dollar is worth much more than a regular dollar).
Wiki User
∙ 10y ago
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A roman coin used for paying taxes in the bible?
shekels was the currency used in biblical times
What was the size of the field bought by jeremiah in the bible?
(Jeremiah ch.32) The field's size is not given. The price was 17 silver shekels (about 6 ounces of silver).
Who was Abram wife in the Bible?
Sarah .
Who wrestled with God at the brook of Jabbok in the bible?
Abram
How much money did Achan of the Bible actually take?
two hundred and fifty shekels
Which patriarch from the Bible was supposedly born in Ur?
Abram, who was later called Abraham. Although the Bible does not specifically say Abram was born in Ur, it says Abram's grandfather was born there (Genesis 11:28) and his father moved the family away (Genesis 11:31).
In the Bible Absalom's hair weighed 200 shekels - how much in American wt?
4.4 pounds
What are some Hebrew names?
Sarah, Abram. You can find a lot of them in Bible.
Where to find Abram's call and migration in the Bible?
Genesis chapter 12
What bible story is this from genesis chapter 15 verse 5?
It comes from the conversation between God and Abram - regarding his offspring, at a time when Abram was elderly and childless.
What was the first usage of money in the Bible?
The first usage of money in the Bible is when Abraham buys a burial plot for Sarah from the Hittites for 400 shekels of silver (Genesis 23). The second usage is when Joseph is sold by his brothers to the Ishmaelites for 20 pieces of silver (Genesis 37:28). How much do you think these amounts would be worth in modern currency?
Did Abram's father Terah believe in God?
It is not explicitly mentioned in the Bible whether Terah, Abram's father, believed in God. However, Terah's family was from a region known for idol worship, so it is likely that he may have been influenced by these beliefs. It was Abram who later became the patriarch of monotheistic faith in God.
