How much was a pound worth in 1660?

Answer 1

In 1660, the value of a pound in England was primarily based on the silver content of the currency, specifically the pound sterling, which was equivalent to 20 shillings. The purchasing power of a pound during that time was significantly higher than it is today, allowing for better standards of living and more purchasing options. While exact comparisons are challenging due to inflation and changes in the economy, some estimates suggest that a pound in 1660 could be worth several hundred pounds in today's currency, depending on the context of goods and services.