DID THEY HAVE MONEY DURING BIBLICAL TIMES?
Many say that in Biblical times they didn't have money and that the economy was based on bartering of goods and services. That is not so. The Bible shows they not only had money, but that money was used as a common way of doing business.
According to the International Bible Encyclopedia, the days of mere bartering ended before the days of Abraham.
Here are just a few examples from The Word to show they did, in fact, use money in Biblical times.
The tithing law itself proves they had both money and a marketing system for buying and selling their crops and animals (Deuteronomy 14:24-26).
THE PURCHASE OF LAND WITH MONEY BY ABRAHAM - Genesis 23:15-16
THE PURCHASE OF LAND WITH MONEY BY JACOB - Genesis 33:19
JOSEPH WAS SOLD TO THE ISHMEELITES FOR MONEY - Genesis 37:28
A MONEY OFFERING TO BE USED FOR THE SERVICE OF THE TABERNACLE - Exodus 30:14-16,
USING SHEKEL OF SILVER TO VALUE A RAM - Leviticus 5:15
THE FOLLOWING VERSES REFER TO WAGES: Genesis 29:15, Genesis 30:28, Genesis 31:7-8, Genesis 31:41, Exodus 2:9, Leviticus 19:13, Malachi 3:5, etc.
Merchants in biblical times traveled from place to place conducting business. According to the written law, the standard weight for metals was set according to the sanctuary shekel (See also Ex 30:13, 24; 38:24-26; Lev. 5:15; Num. 7:13-86; 18:16).
Money was also used throughout the law. For example, God's people gave money to support the tabernacle (Ex. 30:14-16; 38:24-31). There are many other examples that illustrate money's place within the written law and indicate that money was indeed a part of everyday life.