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the panic of 1837 affected the nations economy by entering an economic depression where the business and unemployment fell to a very low level.
it ruined the nations economy by no money
Panic of 1837
Morals, family values, a more ethical government to name a few things.
the unemployment rate was only 5 percent
"Victorian times" covers the period from 1837 to 1901 inclusive. Five Shillings GBP in 1850 had the purchasing power of about £19.15 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
Victorian times extended from 1837 to 1901, so let's say, 1850. 20 Shillings GBP in 1850 had the purchasing power of about £76.55 GBP today. NOTE - This historical conversion is the result of many calculations and considerations for which I cannot take credit. The resulting answer should only be regarded as an approximation.
"Victorian times" covers a period from 1837 to 1901. A Halfcrown was Two Shillings and Sixpence (or 30 old Pence), which converted to 12.5 New Pence at decimalisation in 1971. A Halfcrown GBP in 1860 had the purchasing power of about £7.86 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program. The resulting answer should only be regarded as an approximation based on current exchange rates.
It's current value is about $100
Due to the old-fashioned way they made coins back then, there are many subtle varieties in 1837 pennies. Although most of these coins are worth between $4 and $50, some can be worth up to a couple hundred. I would suggest asking a coin expert.
about $210
Sorry, no authentic U.S. Dollar coins are dated 1837. None were struck in this year.
The Victorian period ran from 1837-1901, and there was some inflation over that timespan. For a middle figure multiply by 85 to get the modern figure in purchasing power. Note that houses and real estate have increased by vastly more, however.
No. "Victorian" usually refers to the reign of Queen Victoria from 1837 to 1901.
British coins issued during the reign of Queen Victoria (1837 to 1901) included -Five Pound (gold)Two Pound (or Double Sovereign)(gold)Sovereign (One Pound)(gold)Half-Sovereign (Ten Shillings)(gold)Crown (Five Shillings)(silver)Double Florin (Four Shillings)(silver)Halfcrown (Two Shillings and Sixpence)(silver)Florin (Two Shillings)(silver)Shilling(silver)Sixpence(silver)Groat (Fourpence)(silver)Threepence(silver)Twopence (sometimes Half-Groat)(silver)Three-Halfpence (silver)Penny (copper or bronze)Halfpenny (copper or bronze)Farthing (copper or bronze)Half-Farthing (copper or bronze)Third-Farthing (copper or bronze)Quarter-Farthing (copper or bronze)
Under the now-obsolete £sd (or "Pounds - Shillings - Pence") monetary system in Britain, there were 12 pennies (or "pence") to the shilling and 20 shillings to the pound. A penny was thus 1/240th of a pound. In turn, there were 4 farthings to the penny. Thus, a farthing was worth 1/960th of a pound. The pound is worth (as of May 5, 2011) US$1.65 - the face value of a farthing (if it still circulated) would thus be about 1/5th of a US cent. As a point of information, although the British pound went decimal (100 new pence to the pound) in 1968, the last farthing had been minted in 1956. From a metal standpoint, post-1837 farthings probably contains (at current prices) about 2-3 cents of copper. From a numismatic standpoint, the value would depend on the date and condition of the coin - it could range from a few cents to a few thousand dollars.
Not gold or old. The date 2008 is on the edge of the coin. The dual dates 1829-1837 are the years Andrew Jackson served as president. It's just a dollar.