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SHEKEL

shek'-'-l, shek'-el, she'-kel, she'-kul (sheqel): A weight and a coin. The Hebrew shekel was the 50th part of a mina, and as a weight about 224 grains, and as money (silver) was worth about 2 shillings 9d., or 66 cents (in 1915). No gold shekel has been found, and hence, it is inferred that such a coin was not used; but as a certain amount of gold, by weight, it is mentioned in 2 Ch 3:9 and is probably intended to be supplied in 2 Ki 5:5. The gold shekel was 1/60 of the heavy Babylonian mina and weighed about 252 grains. In value it was about equal to 2 British pounds and 1 shilling, or about $10.00 (in 1915). See MONEY; WEIGHTS AND MEASURES. In the Revised Version (British and American) of Mt 17:27 "shekel" replaces "piece of money" of the King James Version, the translation of stater.
See STATER.
H. Porter Bibliography Information
Orr, James, M.A., D.D. General Editor. "Definition for 'shekel'". "International Standard Bible Encyclopedia". bible-history.com - ISBE; 1915.

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