Genesis 23:16 - Exposition
And Abraham hearkened unto Ephron (either as knowing that the price he asked was reasonable, or as being in no humor to bargain with him on the subject); and Abraham weighed to Ephron the silver ,—"Even this is still common; for although coins have now a definite name, size, and value, yet every merchant carries a small apparatus by which he weighs each coin to see that it has not been tampered with by Jewish Clippers"— which he had named in the audience of the sons of Heth (the stipulation and the payment of the money were both made in the presence of witnesses), four hundred shekels of silver, current money with the merchant— literally, silver passing with the merchant, or goer about, i.e. with merchandise; from sachar, to go about (cf.. ἔμπορος, ἐμπορεύομαι). The Canaanites, of whom the Hittites were a branch, were among the earliest traders of antiquity (cf. Job 40:1-24 :30; Proverbs 31:24 ); and the silver bars employed as the medium of exchange in their mercantile transactions were probably stamped in some rude fashion to indicate their weight.
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