What does Genesis 23:16 mean?
ESV: Abraham listened to Ephron, and Abraham weighed out for Ephron the silver that he had named in the hearing of the Hittites, four hundred shekels of silver, according to the weights current among the merchants.
NIV: Abraham agreed to Ephron’s terms and weighed out for him the price he had named in the hearing of the Hittites: four hundred shekels of silver, according to the weight current among the merchants.
NASB: Abraham listened to Ephron; and Abraham weighed out for Ephron the silver which he had named in the presence of the sons of Heth, four hundred shekels of silver, currency acceptable to a merchant.
CSB: Abraham agreed with Ephron, and Abraham weighed out to Ephron the silver that he had agreed to in the hearing of the Hethites: four hundred standard shekels of silver.
NLT: So Abraham agreed to Ephron’s price and paid the amount he had suggested — 400 pieces of silver, weighed according to the market standard. The Hittite elders witnessed the transaction.
KJV: And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
NKJV: And Abraham listened to Ephron; and Abraham weighed out the silver for Ephron which he had named in the hearing of the sons of Heth, four hundred shekels of silver, currency of the merchants.
Verse Commentary:
Abraham's negotiation with Ephron the Hittite for the purchase of his cave and field at Machpelah has concluded. Negotiation may not be quite the right word, however. Abraham immediately accepts the first price Ephron mentions, agreeing to purchase the field along with the cave he initially asked about.

For Abraham, the most important thing was to have the full legal ownership rights to this property, something he ensured by purchasing the cave and field in full view of the "people of the land" (Genesis 23:12). There could be no legitimate dispute as to who owned this property.

Why was this so important? In this era, people were often buried in their homeland, entombed along with their ancestors. Abraham's decision to bury Sarah, and later to be buried himself, in Canaan, was a declaration of faith that this would become the permanent homeland of his offspring. This is somewhat unusual, also, in that the land Abraham has just purchased is part of what God has promised to his descendants.
Verse Context:
Genesis 23:1–20 begins with the death of Abraham's wife Sarah at 127 years of age. That makes Abraham 137 years old and Isaac around 37. Abraham mourns for his wife and then approaches the Hittites settled in the region of Hebron about purchasing a permanent family burial place near Mamre. Once that transaction is completed, Abraham buries Sarah in the tomb where he himself and their son and one grandson will later be buried.
Chapter Summary:
At the age of 127 years old, Abraham's wife Sarah dies. Now living in the region of Hebron, near Mamre, Abraham approaches the local people, the Hittites, about purchasing a specific cave he wants to use as a permanent family burial place. Abraham asks for a cave owned by Ephron the Hittite. After an odd negotiation, Abraham agrees to buy the cave and a field attached to it for 400 shekels of silver. Finally, Abraham buries Sarah in this cave at Machpelah in the land of Canaan. The permanent occupation of the land of Canaan by God's people has begun.
Chapter Context:
In the previous chapters, Isaac was born, Ishmael was sent away, and Abraham prepared to offer Isaac as an offering to God. Genesis 23 jumps forward a couple of decades to the death of Sarah at 127 years old. Abraham mourns for her and then purchases a cave near Mamre as a permanent family burial place in the land of Canaan. In the following chapter, Abraham will set about finding Isaac a wife.
Book Summary:
The book of Genesis establishes fundamental truths about God. Among these are His role as the Creator, His holiness, His hatred of sin, His love for mankind, and His willingness to provide for our redemption. We learn not only where mankind has come from, but why the world is in its present form. The book also presents the establishment of Israel, God's chosen people. Many of the principles given in other parts of Scripture depend on the basic ideas presented here in the book of Genesis. Within the framework of the Bible, Genesis explains the bare-bones history of the universe leading up to the captivity of Israel in Egypt, setting the stage for the book of Exodus.
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