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for 60 guilders (florins) which is approximately $1000 now. IN 1846 it was converted by a New York historian to $24 dollars which created the variable rate myth. the native Americans have also been paid in other trade goods.

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Q: How much did Peter Minuit have to pay for Manhattan island?
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How much was New York purchases for?

On 24 May 1626 Peter Minuit purchased Manhattan Island for 50 guilders worth of trade goods from the Native Americans for the Dutch West India Company.


How much was Manhattan bought for from the Indians?

It was actually Peter Minuit.


How much was the island Manhattan sold for?

Peter Minuit paid in trade goods with a value of 60 guilders or about $1,000.00 not the $24.00 worth of beads and trinkets that some allege.


How much money was Manhattan sold for?

25 dollars and some beads. in 1626 it was sold to a Dutchman Peter Minuit.


What did Peter Minuit do as a child?

Peter Minuit was born around 1580 in the port city of Wesel, which was then part of the Duchy of Cleves. Not much is known about his childhood except that he was Protestant and this was a problem with Catholic Spain.


How much was paid to the Indians for Manhattan Island?

24 dollars


How much does Manhattan cost?

Manhattan Island was bought from the natives for $25. Maybe you should look for it on E-bay.


How much was Manhattan?

According to Pieter Janszoon Schagen, Peter Minuit acquired Manhattan in 1626 from Native American Lenape people in exchange for trade goods worth 60 guilders, often said to be worth 24 dollars, though (by comparing the price of bread and other goods) actually amounts to around $1000 in modern currency (calculation by the International Institute of Social History, Amsterdam)


For how much money was the island of Manhattan purchased from the Indians?

22 us dollors


About How much did the dutch pay for Manhattan island in American money?

The Dutch paid Native Americans the equivalent of about $24 worth of goods in American money for Manhattan island in 1626.


How much did the native Americans sell Manhattan island for?

um... i dont know


How much does the new years ball cost?

Peter Minuit purchased Manhattan from the Lenape Indians of Canarsie (now Brooklyn) in 1626 for 60 Dutch guilders or $24 worth of beaver pelts and trinkets. Considered to be one of the best real estate deals in U.S. history- the island wasn't actually "owned" by the Lenape therefore everyone benefited from the transaction. Lenape Indian caves still exist in Manhattan in Inwood Hill Park where there's also a rock commemorating the site of the Manhattan purchase.