How did Peter manuit acquire Manhattan?

Answer 1

Peter Minuit acquired Manhattan in 1626 when he negotiated a transaction with the local Lenape Native Americans. He famously purchased the island for goods valued at 60 guilders, often interpreted as around $24 worth of trade items, including beads and tools. This acquisition laid the foundation for the establishment of New Amsterdam, which would later become New York City. The event is often viewed as a pivotal moment in the colonial history of North America.