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1 Jewish (Tyrian) Shekel: 4 Roman Denarii (or 4 Greek Drachmae) $43.50: An average daily wage of an unskilled worker. Jewish or Tyrian Shekel: 4 Roman Denarii or 4 Greek Drachmae; $174.00: Thirty pieces of silver (probably Tyrian shekels) would have been about $5,220 US, what Judas received to betray Jesus. ½ of a shekel was the Temple tax ...
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Sep 29, 2023 · Experts estimate the weight of a silver shekel to be around 11-12 grams. At today’s silver prices, that means that the conversion rate of a silver shekel to dollar is approximately $6-7. For example, in the book of Exodus, God instructs that a half shekel (around 6 grams of silver) should be donated for a census offering.
Jan 14, 2024 · Though the silver weight is uncertain, biblical texts give us an idea of a shekel’s purchasing power. A shekel was about a month’s wage for a common laborer. The Book of Exodus suggests a shekel was worth about 20 gerahs. It could buy one or two sheep, or purchase about 7 kilograms of flour.
Oct 24, 2024 · A shekel is a unit of weight, roughly equal to 10.5 grams. In 2010 a gram of silver was worth just under 50 cents. This would make a shekel worth about five dollars. However, some sources suggest ...
It is impossible to know silver's value in biblical times. At today's rate of approximately 17 US dollars per ounce, 8 grams of silver is around five dollars. 1. Rabbi Eliezer Posner. Footnotes. 1. There is a custom to give a half shekel to charity on the Fast of Esther (click here for more info on this tradition).
Tim’s Answer. Thank you for your question about the valuation of a shekel. You question how can we value 30 shekels at $12,000 to $15,000 in today’s value when the shekel only weighed approximately 0.5 ounces and silver prices today are around $40 per ounce. This would yield a value of approximately $600 at today’s price of silver.
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Jan 14, 2024 · Silver held an integral role economically and spiritually in biblical history. A silver shekel could buy a decent amount of typical goods and represented a fair wage for average labor. Beyond purely economic value, silver carried symbolic importance and religious meaning thanks to its preciousness and purifying nature.