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Easton's Bible Dictionary

 

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Coin
        Before the Exile the Jews had no regularly stamped money. They
        made use of uncoined shekels or talents of silver, which they
        weighed out (Gen. 23:16; Ex. 38:24; 2 Sam. 18:12). Probably the
        silver ingots used in the time of Abraham may have been of a
        fixed weight, which was in some way indicated on them. The
        "pieces of silver" paid by Abimelech to Abraham (Gen. 20:16),
        and those also for which Joseph was sold (37:28), were proably
        in the form of rings. The shekel was the common standard of
        weight and value among the Hebrews down to the time of the
        Captivity. Only once is a shekel of gold mentioned (1 Chr.
        21:25). The "six thousand of gold" mentioned in the transaction
        between Naaman and Gehazi (2 Kings 5:5) were probably so many
        shekels of gold. The "piece of money" mentioned in Job 42:11;
        Gen. 33:19 (marg., "lambs") was the Hebrew _kesitah_, probably
        an uncoined piece of silver of a certain weight in the form of a
        sheep or lamb, or perhaps having on it such an impression. The
        same Hebrew word is used in Josh. 24:32, which is rendered by
        Wickliffe "an hundred yonge scheep."

Bibliography Information
Easton, Matthew George. M.A., D.D., "Biblical Meaning for 'Coin' Eastons Bible Dictionary".
bible-history.com - Eastons; 1897.

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