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It was worth 5 cents, the same as today, but that amount bought considerably more at the time.

It's difficult to make a specific comparison because goods and services are so different now than they were 150 years ago, but a very rough guess extrapolating from 20th-century inflation figures indicates that a nickel in the late 1800s would buy at least what $1.50 to $2.00 buys today.

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9y ago

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