Genesis 23:16

16 And Abraham hearkeneth unto Ephron, and Abraham weigheth to Ephron the silver which he hath spoken of in the ears of the sons of Heth, four hundred silver shekels, passing 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 answereth Abraham, saying to him
15 `My lord, hear me: the land -- four hundred shekels of silver; between me and thee, what [is] it? -- thy dead bury.'
16 And Abraham hearkeneth unto Ephron, and Abraham weigheth to Ephron the silver which he hath spoken of in the ears of the sons of Heth, four hundred silver shekels, passing with the merchant.
17 And established are the field of Ephron, which [is] in Machpelah, which [is] before Mamre, the field and the cave which [is] in it, and all the trees which [are] in the field, which [are] in all its border round about,
18 to Abraham by purchase, before the eyes of the sons of Heth, among all entering the gate of his city.
Young's Literal Translation is in the public domain.