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In reply to the discussion: Ben Franklin, FTW! [View all]DFW
(60,822 posts)44. It would have been worth various amounts in various forms.
If he had converted it into $10 coins of 1795 (they were not introduced until 1795), that would have made 200 of them, more if one took into account that a pound was worth more than a dollar. Even in 1990, they would easily have been worth between $25,000 and $50,000 each on the collector market.
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If cities ran surpluses and invested them, they eventually wouldn't need taxes.
Klaralven
Aug 2021
#2
I know that these days you cannot set up a trust in perpetuity, meaning it never ends.
PoindexterOglethorpe
Aug 2021
#25
An online inflation calculator says that $2000 in 1790 would be worth less than $60000 today, so....
EarnestPutz
Aug 2021
#29
i read his auto-biography years ago. and my 1903 encyclopedia had like 8-12 pages for him + read
pansypoo53219
Aug 2021
#42