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see Graph of inflation rates |
| Select a "Reference" year below -- that year will become the $1.00 reference year. |
| Some things to keep in mind: |
The values in the chart from 1800 to 1912 are based on an old survey called Prices Paid by Farmers to approximate inflation. They are extremely approximate. |
There is no way to truly compare values or costs over the centuries. In our nation's early history, bartering was commonplace and often supplemented or replaced currency. The unit of exchange could be livestock, a fur pelt, or a bushel of grain. The currencies in use in our early history came from Britain, Spain and France, with each colony introducing its own currency. The official U.S. dollar did not come into existence until 1861.
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Sources are listed at the bottom of the table at right. |
| Links: |
History of U.S. paper money. |
Click Here for a wonderful Timeline of U.S. History. |
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