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#732896 - 01/14/12 11:53 AM What would this go for at auction?
Dave Vedder Offline
Reverend Tarpones

Registered: 10/09/02
Posts: 8379
Loc: West Duvall
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#732898 - 01/14/12 11:56 AM Re: What would this go for at auction? [Re: Dave Vedder]
SBD Offline
clown flocker

Registered: 10/19/09
Posts: 3731
Loc: Water
I wonder what he needed 800 bucks cash for? That would be 50,000 plus in todays money.
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#732899 - 01/14/12 11:57 AM Re: What would this go for at auction? [Re: Dave Vedder]
fish4brains Offline
Dah Rivah Stinkah Pink Mastah

Registered: 08/23/06
Posts: 6207
Loc: zipper
It should go to the Smithsonian with the other Lincoln stuff.
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#732904 - 01/14/12 12:06 PM Re: What would this go for at auction? [Re: SBD]
ParaLeaks Offline
WINNER

Registered: 01/11/03
Posts: 10363
Loc: Olypen
Originally Posted By: SBD
I wonder what he needed 800 bucks cash for? That would be 50,000 plus in todays money.



Good Question! Since the president only made 25k/yr back then.


Edited by Slab Happy (01/14/12 12:08 PM)
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#732910 - 01/14/12 12:17 PM Re: What would this go for at auction? [Re: ParaLeaks]
ParaLeaks Offline
WINNER

Registered: 01/11/03
Posts: 10363
Loc: Olypen

Data below from here.

In 2010, the relative value of $800 from 1865 ranges from $9,460.00 to $1,180,000.00.


A simple Purchasing Power Calculator would say the relative value is $11,000.00. This answer is obtained by multiplying $800 by the percentage increase in the CPI from 1865 to 2010.
_________________________
Agendas kill truth.
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#732923 - 01/14/12 01:52 PM Re: What would this go for at auction? [Re: ParaLeaks]
SBD Offline
clown flocker

Registered: 10/19/09
Posts: 3731
Loc: Water
Thanks still alot of money to be carrying around even for a President.
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