A common account states that Minuit purchased Manhattan for $24 worth of trinkets. A letter written by Dutch merchant Peter Schaghen to directors of the Dutch East India Company stated that Manhattan was purchased for “60 guilders worth of trade,” an amount worth approximately $1,143 in 2020 dollars.Artist Credit: Alfred Fredericks. Reprinted with permission.
Learn all about NYC’s fascinating past by exploring the natural forces that shaped the environment and landscape, along with the people who would transform the “Island of Many Hills” into the greatest and most influential city in the world.
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