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What is the value of 300 dollars in 1907 compared to today in 2010?
Wiki User
∙ 13y ago
In 1907 gold was twenty dollars an ounce. Assuming toady it is one thousand dollars an ounce, there is a difference. 300 dollars in 1907 would have been worth 15 ounces of gold. So if you take that 15 ounces of gold and turn it into dollars today, you would have 15,000.
Things are not equal. You could not buy a car. You could take a number of long train rides. A steak dinner was less than a dollar.
Wiki User
∙ 13y ago
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