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The original deed no longer exists but the negotiated price paid for Manhattan was not $24.00 worth of beads and trinkets. Trade goods with a value of 60 guilders were "paid" to the Manahatta band of the Lenape or Delaware Tribe. (The equivalent value of 60 guilders in today's currency would be about $1,000.)

Certainly it was a bargain-basement price and the goods may have included some beads and trinkets although knives, hatchets, tools and cloth were more highly valued by the Native Americans.

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15y ago

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