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about half a million dollars now

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Q: What is the value of 10000 pounds sterling from 1776?
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What is the value of a 1774 British Pound?

It depends how this question is interpreted...... a) what is the value of the modern pound of today worth in terms of the Imperial currency of 1776..... Another interpretation of the question might be b) what is the current value of what the old imperial pound of 1776 used to be worth in terms of today's money? Answer a) A RPI (retail price index) calculator suggested, on another site, that the value of £1 as it was valued in 2007 would have been worth £0 0s 2d. The earnings calculator gave a value of 0d. So a sum of money between 1d and 2d in 1776 would be a best estimate to the modern sterling pound, in other words, at most, two pence. Answer b) In the Imperial system there were 240 pennies (d) in a pound, as there were 12 pence in a shilling and 20 shillings in a pound. If we take 1.5 d as a best guess for the value of £1 (in 2007) , then the imperial pound of 1776 was worth about £160 in today's money. Nigel (nigel_johnston@yahoo.com)