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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.
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 ...
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.
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.
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).
1 talent = 3000 shekels 1 talent = 50 minas 1 mina = 60 shekels 1 shekel = 2 bekas 1 shekel = 20 gerahs. Converting to modern equivalents. There are many places in the Old Testament where weights of gold and silver are given in talents and / or shekels. It can be interesting to calculate what these would be worth in today's prices.
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Jan 4, 2022 · The sanctuary shekel would then equal 0.4 of an ounce of gold (20 times 1/50 of an ounce), or 12 grams. Based on a price of 46.43 USD per gram, the approximate value of a sanctuary shekel would be $557.16, in today’s market. An important distinction is that the standard shekel and the sanctuary shekel were two different weights.
