Ephron was part of the local Hittite community. Then Ephron the Hittite spoke up, answering Abraham with all the Hittites who were part of the town council listening: “Oh no, my master! I couldn’t do that. The field is yours—a gift. I’ll give it and the cave to you. With my people as witnesses, I give it to you. Bury your deceased wife.” Abraham bowed respectfully before the assembled council and answered Ephron: “Please allow me—I want to pay the price of the land; take my money so that I can go ahead and bury my wife.” Then Ephron answered Abraham, “If you insist, master. What’s four hundred silver shekels between us? Now go ahead and bury your wife.” Abraham accepted Ephron’s offer and paid out the sum that Ephron had named before the town council of Hittites—four hundred silver shekels at the current exchange rate.
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