GOLD, TALENTS AND MINAS (2022)

April 12, 2022

Metal

Gold
Silver
*
Gold
Silver
*
Gold
Silver

Value Light

$1966 +/- per Troy Ounce
$25.30 +/- per Troy Ounce
*
$1,896,248 +/- per Light Talent
$24,400 +/- per Light Talent
*
$126,416 +/- per Light Mina
$1,627 +/- per Light Mina

Value Heavy

$63,208 +/- per Kilogram
$813 +/- per Kilogram
*
$3,792,496 +/- per Heavy Talent
$48,804 +/- per Heavy Talent
*
$252,832 +/- per Heavy Mina
$3,254 +/- per Heavy Mina

Values in US dollars at the close April 12, 2022.

One Kilogram is 32.1507 Troy Ounces. (1 Troy Ounce is 31.104 Grams)
A light Talent is approximately 30 Kilograms.
A heavy Talent is a double Talent is approximately 60 Kilograms.
A Mina is usually considered a sixtieth of a Talent. Some think it is a fiftieth of a Talent. Either way it is 3,000 Shekels.
A light Talent was used for regular trading and a heavy Talent was used in Temple matters.

Luke 19 and Matthew 25 contain very similar parables. Matthew 25 is called the parable of the Talents. Luke 19 would be called the parable of the Minas I suppose. In view of the values of the weights mentioned you might consider the parable of the Talents to be for those in authority or in prestigious positions or the wealthy. The parable of the Minas is for a more common man in a more common situation.

The amount of Gold that came to Solomon in one year was 666 Talents or about $1.26 billion US if a light Talent is used and about $2.52 billion US if a heavy Talent is used. (1 Kings 10:14, 2 Chronicles 9:13) It is interesting to find the number 666 here.

David gave 3,000 Talents of gold for the Temple or about $5.69 billion US or $11.38 billion US. Plus some silver. The rulers of the fathers and the princes of the tribes of Israel also contributed. (1 Chronicles 29:6)

2022 Jacques Gauvin

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