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Monday, February 28, 2022

2/28/22 Report - Thirty Pieces of Silver: Most Infamous Silver Coins Ever. Equinox Test On Silver and Clad Quarters.


 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report

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Tyrian Shekel.
Source: See GrandRapidsCoins.com link below.


This know also, that in the last days perilous times shall come.  For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy.  Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good.  Traitors, heady, high-minded, lovers of pleasures more than lovers of God.  Having form of godliness, but denying the power thereof, from such turn away. [2 Timothy 3:1-5]

Sounds like today, doesn't it.   We've gone from political contention, riots in the streets, to a plague that seems like it might never end, and now to the threat of nuclear war.  It seems to me that the battle between good and evil is in high gear.  

And it seems likely that we could be reaching a turning point, which brings to mind the prototypical traitor Judas, and the most famous, or infamous, coins ever - the thirty pieces of silver.  It is said there is a silver lining behind every cloud.  And a season of treason initiates the path to redemption.

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There are reports that some Russian soldiers are refusing to fight. They probably feel more akin to the common folk in the Ukraine than Putin and the oligarchs that sent them out to do the dirty work.

I hope you'll forgive me for not taking time to make all the connections clear, but I want to get to those famous thirty pieces of silver, of which very little is known.

Here is what one web site says.  (I'll leave out some of it.)

Judas Iscariot’s 30 pieces of silver is so well known, so infamous in history, that it’s a euphemism for betrayal in Western culture. Have you ever wondered what those 30 pieces of silver were exactly - or how much they were worth? Scholars have debated these questions for years. Let’s go through some of their ideas...

"Later Judas, filled with remorse for his betrayal, threw the coins back at the priests in the Temple before he went and hanged himself. The priests decided that, as blood money, it could not be added to the temple treasury, so they bought the Potter's field."

The word the gospel writer Matthew used in Matthew 26:15 was argyria, meaning “silver coins.” This, obviously, is unspecific in terms of what kinds of coins they were. In 33 A.D. there were a number of possibilities for coins that might have been in circulation in Jerusalem, including:

  • Tetradrachms of Tyre, or Tyrian shekels
  • Tetradrachms or Staters of Antioch
  • Ptolemaictetradrachms
  • Roman denarii

Of these, Tyrian shekels had the highest silver content - 94% - so these were what the priests required as payment for the temple tax. This coin contained 14 grams of silver. Today’s spot price for silver is $.47 per gram. The silver in these 30 coins would be worth $197.40 today. The coins themselves, being ancient and historical, would of course be priceless, but at the time they were just regular silver coins used as instruments of commerce.

That $197.40 is a value out of time, however. You can’t just say that Judas betrayed Jesus for 200 bucks. The above coins vary widely in how much silver they contain, but you’d would also have to know the going rate for a man’s labor at that time and what the cost of living was in Jerusalem in order to determine how much money the chief priests paid for Jesus’s life.

What’s more revealing is the gospel writer Matthew’s intent. The phrase he used, “30 pieces of silver,” is a throwback to a reference in the book of Zechariah. In Zechariah 11 this phrase is used to mean the value of a slave and is based on Jewish Law.  Exodus 21:32 states:

“If the bull gores a male or female slave, the owner must pay thirty shekels of silver to the master of the slave, and the bull is to be stoned to death.”

The prophet Zechariah asked the Israelites to pay him for the work he had done working among them, that’s what they gave him. It was meant to be an insult; they didn’t value his prophecy. Jehovah told Zechariah to throw this slave’s wage into the treasury (back in their faces).

So when Matthew says 30 pieces of silver and has Judas throw it back into the treasury, it’s an allusion to this story in Zechariah in which unfaithful Jews undervalued a prophet of the Lord with an insulting amount of money - what a slave is worth. Matthew is saying the priests were willing to pay almost nothing for Jesus. They were angry at Jesus for the scene he’d made at the temple overturning the moneylenders’ tables and railing against the corrupt priests profiting off the sacrifices people brought to the Jerusalem to make to God out of devotion and duty.

Thirty pieces of silver to the priests, to Matthew, to Zechariah, then, was the price of contempt.

It’s interesting that this phrase, “30 pieces of silver” has had a negative meaning of contempt or betrayal for thousands of years, even though silver itself has been valued as a precious metal for the same amount of time or longer.


For the entire article, here is the link.

How Much Were Judas Iscariot's 30 Pieces of Silver Worth? - Coin Collector Blog (grandrapidscoins.com)


One author (Walter Wilson in This Means That, 1943) says, silver symbolizes redemption.  Silver is never mentioned in regard to heaven, because there is no need for redemption there

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I did another little test with the Equinox metal detector.  I used two quarters - one silver and the other clad.

The silver quarter was a 1923 quarter that was corroded and worn.

Here is the data on the 1923 quarter.

Type: Standing Liberty Quarter
Year: 1923
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: 0.18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $4.43

If you recall, I recently did a test on some half dollar coins and found that a 40% silver coin produced conductivity numbers that were slightly lower than those produced for 90% silver half dollar coins.

In that test the Kennedy half (40% silver) showed conductivity numbers of 31and 32. All three 90% silver halves rang up consistently as 33 or 34.  

You might expect the conductivity numbers to be different for coins of different compositions, but I was not sure that is what I would find.  After the test with the halves, I expected to be able to see a slight difference in conductivity numbers for the silver and clad quarters but did not.  Both silver and clad quarters showed mostly a 29 reading, with an occasional 28 and 30.

So the quarter readings, both silver and clad, were on average, only one or two points different from the 40% silver half and four or five points different from the 90% silver halves.

I plan to replicate the half dollar study and investigate further with additional coins.  I have a lot of unanswered questions remaining.
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Source: MagicSeaweed.com.

The latest predictions look a little different than the last predictions.  I've been trying to get a sense of how reliable the predictions are.

Now it looks like we'll get a four to six foot surf Wednesday.

Happy hunting,
TreasureGuide@comcast.net