Genesis 23:16

16 And Abraham hearkened unto Ephron. And Abraham weighed to Ephron the silver which he had named in the audience of the children of Heth, four hundred shekels of silver, current [money] with the merchant.

Genesis 23:16 Meaning and Commentary

Genesis 23:16

And Abraham hearkened unto Ephron
He agreed at once to give him the sum proposed, judging it to be a moderate price between man and man, and he was satisfied with it, and well content to pay him the money: and Abraham weighed to Ephron the silver:
for in those times money had no mark or stamp upon it to show its value, and therefore was not told by pieces, but weighed, by which its full worth was known; and that Ephron might have his whole and just demand, the silver was weighed to him: which he had named, in the audience of the sons of Heth;
who were witnesses of the bargain, of the price set by Ephron, and of the payment of it by Abraham: four hundred shekels of silver:
the sum before mentioned, ( Genesis 23:15 ) : current [money] with the merchant;
such as was used by merchants in buying and selling; such as they would receive, who knew the value of it, and were careful not to take any that was bad; wherefore such as would pass, with them would go anywhere, was current money; how all this is consistent with what Stephen says; (See Gill on Acts 7:16).

Genesis 23:16 In-Context

14 And Ephron answered Abraham, saying unto him
15 My lord, hearken unto me. A piece of land worth four hundred shekels of silver, what is that betwixt me and thee? Bury therefore thy dead.
16 And Abraham hearkened unto Ephron. And Abraham weighed to Ephron the silver which he had named in the audience of the children of Heth, four hundred shekels of silver, current [money] with the merchant.
17 So the field of Ephron, which was in Machpelah, which was before Mamre, the field, and the cave which was therein, and all the trees that were in the field, that were in all the border thereof round about, were made sure
18 unto Abraham for a possession in the presence of the children of Heth, before all that went in at the gate of his city.
The American Standard Version is in the public domain.