1 Kings 10:26-29

Solomon collected chariots and horses: fourteen hundred chariots and twelve thousand horses! He stabled them in the special chariot cities as well as in Jerusalem. The king made silver as common as rocks and cedar as common as the fig trees in the lowland hills. His horses were brought in from Egypt and Cilicia, specially acquired by the king’s agents. Chariots from Egypt went for fifteen pounds of silver and a horse for about three and three-quarters pounds of silver. Solomon carried on a brisk horse-trading business with the Hittite and Aramean royal houses.