The phrase "30 pieces of silver" is used more generally to describe a price at which people sell out. In Dostoyevsky's Crime and Punishment, it is echoed in the 30 roubles which the character Sonia earns for selling herself.
Because the Bible does not specifically state which silver coins the priests gave, scholars debate the actual value of the coins in the time of Jesus. Some say the value may have been worth as high as 120 day's wages, while many others believe it could have been as low as five day's wages.
Thirty pieces of silver was the amount required for a person to pay a master if his slave was gored by a bull as Exodus 21:32 tells us, “If the bull gores a male or female slave, the owner must pay 30 shekels of silver to the master of the slave, and the bull is to be stoned to death.” In other words, the price marked ...
So 30 pieces are about 5 weeks money (based on a 6 day working week.) In terms of purchasing power, each silver piece was probably worth about $20. The standards of living being much, much lower than in modern (Western) societies. So the thirty pieces are worth about $600.
$100 Face value of coins. All coins contain 90% silver and 10% copper. Approximately 71.5 Troy oz of silver in each bag.
Returns on silver
Another precious metal, silver, has appreciated by 72.7% during the decade. However, it has delivered negative returns in five out of the last 10 years. During 2013, silver prices fell by 24.3 per cent, its biggest tumble in the decade.
One denarius was a day's wage for an unskilled laborer (Matthew 20:2), so that two hundred denarii would represent about seven months' wages.
Judas then went on his own to the priests of the Temple, the religious authorities at the time, and offered to betray Jesus in exchange for money—30 pieces of silver, as specified in the Gospel of Matthew.
GuruFocus.com suggests an overall 10–20% allocation of precious metals, with silver making up a 30% share of that allocation if you're aiming to preserve wealth. “Silver and gold belong in every balanced portfolio. There's no magic percentage of silver and gold you should include,” GuruFocus.com advises.
What is 90% Silver? All major U.S. coins before 1965, excluding the nickel and penny, contained 90% silver content. The term “90% silver” is a short way for investors, collectors, and buyers to refer to pre-1965 dimes, quarters, half dollars, and dollar coins, as a group.
Aramaic is best known as the language Jesus spoke. It is a Semitic language originating in the middle Euphrates. In 800-600 BC it spread from there to Syria and Mesopotamia. The oldest preserved inscriptions are from this period and written in Old Aramaic.
At the time, Palestine did not produce silver shekels, but instead, used the regional silver coins of Tyre. However, thirty silver coins similar to the ones received by Judas for betraying Jesus, are conserved at the AUB Archaeological Museum.
Gold and silver were used as money in the Old and New Testament times. Silver was used most for common purchases, and gold was used for larger payments. When a Bible verse mentions the weight of payment, such as a shekel or a talent, what they are usually weighing is silver or gold.
Gabriel Jesus signed a 5 year / £68,900,000 contract with the Arsenal F.C., including an annual average salary of £13,780,000. In 2023, Jesus will earn a base salary of £13,780,000, while carrying a cap hit of £13,780,000.
But the common people of New Testament times, in their homes and in business, knew nothing of the day of 24 equal hours. To them the day was the period between sunrise and sunset, and that was divided into 12 equal parts called hours. Of course, the hours were therefore much longer in summer than in winter.
Biblical narrative
Before the Last Supper, Judas went to the chief priests and agreed to hand over Jesus in exchange for 30 silver coins. Jesus was then arrested in Gethsemane, where Judas revealed Jesus' identity to the soldiers by giving him a kiss.
The fastest way that silver can get to $100 an ounce is if inflation hits double-digit levels in 2022 and 2023. In 2021, the year-over-year inflation rate is about 9.75%. This is the highest rate of inflation in 40 years.
Silver prices could touch a 9-year high in 2023 — with a bigger upside than gold. Silver could hit a nine-year high of $30 per ounce this year and become a better performer than gold.
Silver Is More Volatile than Gold
The volatility in silver prices can be two to three times greater than that of gold on a given day. While traders may benefit, such volatility can be challenging when managing portfolio risk.
American Eagle Silver Bullion Coins are coins whose weight and purity are guaranteed by the United States Government. They're also allowed in an IRA. Each coin contains a minimum of one troy ounce of 99.9% pure silver. The obverse design of the American Eagle Silver Bullion Coins is based on Adolph A.
Therefore, silver will always prove itself to be more valuable than the face value of a common coin. Yes, silver is money, but its value as a commodity has outpaced its face value when traded as money.
Collectible Silver Coins
The Silver Eagle is the only silver bullion coin with a weight, purity, and silver content guaranteed by the U.S. government. These coins have a . 999 purity and contain a troy ounce of silver.