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 in his Thesaurus and Lexicon (ed. Dietr. s. v. מקוה). The meaning company or troop may certainly be justified from Gen 1:10; Exo 7:19, and Lev 11:36, where the word signifies an accumulation of water. Still there is something very strange not only in the application of the word both to a company of traders and also to a troop of horses, but also in the omission of סוּסים (horses) after the second מקוה. Hence the rendering of the lxx and Vulgate deserves attention, and may possibly be the one to be preferred (as Michaelis, Bertheau on Chron., and Movers assume). The translators of these versions have taken מקוה as the name of a place, ἐξ Ἐκουέ, or rather ἐκ Κουέ, de Coa. According to this, the rendering would be: “And as for the going out of horses from Egypt and Koa (or Kawe) for Solomon, the king's traders fetched them from Joa (Kawe) for a fixed price.” It is true that the situation of Koa cannot be more precisely defined; but there seems to be very little doubt that it was a place for the collection of customs upon the frontier of Egypt.

Verse 29
1Ki 10:29 “And there came up and went out a chariot from Egypt for six hundred shekels of silver, and a horse for a hundred and fifty shekels; and so (in the same manner as for Solomon) they led them out for all the kings of the Hittites and the kings of Aram through their hand.” מרכּבה, like רכב in 2Sa 8:4; 2Sa 10:18, and Eze 39:20, denotes a chariot with the team of horses belonging to it, possibly three horses (see at 1Ki 5:6), not quadriga (Clericus and others), or two draught horses and two as a reserve (Thenius). For the inference, that if a horse cost 150 shekels, a team of four would be obtained for 600, is not quite a certain one, since the chariot itself would certainly not be given in. A hundred and fifty shekels are a little more than 130 thalers (§19, 10s. - Tr.), and 600 would be 525 thalers (§78, 15s.). These amounts are sufficient to show how untenable the opinion of Movers is, that the sums mentioned are not the prices paid for horses and chariots, but the payment made for their exit, or the customs duty. And his other opinion is quite equally erroneous, namely that the chariots and horses were state carriages and horses of luxury intended for the king. -  The merchants are called the king's