How much was 10000 dollars in 1897?

Answer 1

In 1897, $10,000 had significantly greater purchasing power than today, roughly equivalent to about $300,000 to $350,000 in today's currency, depending on the specific inflation calculations used. This was a time of different economic conditions, and the value of money was much higher due to lower overall prices. Factors such as inflation and changes in the economy over the past century contribute to this difference in value.