Whether using labor value or economic power, $78 did not buy much in 1939.
A seller offers up some collectible currency in an attempt to cash out at a fair price in this clip from "Ah, Shoot!" The information provided here should be used only as a guide. Real estate is just that: the land owned by that person, whether farm land, pasture, or a lot in town. You can only imagine what kind of purchasing power a $1,000 bill had during the great depression. If the serial number on your note is under 100, for example D00000085A, then the note should sell for a nice premium. This shows what it would cost a typical wage earner to purchase the same property today.
This is a touch hard to answer as Standard Oil was split up during Teddy Roosevelt’s presidency and several of those companies were bought out and merged over the years. Since we are not comparing the same piece of land it is less useful to know that his real estate was valued at $900, or $175,500 using the Labor Value comparator.
A 1934 thousand dollar bill in nice condition is a valuable and desirable note. If we use the Economic Power comparator, we discover that he suffered a loss of $46,450,000, primarily as a result of the loss of his slaves.There are two other U.S. census records which include dollar amounts. What a $10,000 bill worth today There are estimates that fewer than 350 $10,000 bills remain in circulation today. There are some comparators for the U.K. extending back to the year 1270. We are specifically talking about 1928 and 1934 notes. This shows what it would cost a typical wage earner to purchase the same property today. Most $500 and $1,000 bills are quite common, and are typically worth only a small premium over face value. For instance, in 1860, H.W. 1934 Thousand Dollar Bill Federal Reserve Note.
As the excerpted census page below shows, the wages varied widely, from $78 earned by Albert Pletchers as a waiter to the $2,500 earned by Austin Tasker as a shovel operator.According to all of the comparators, Albert’s income as a waiter was not much money. Surprisingly though, $1,000 bills were seen in circulation up until the early 1970s. 1899 $1 Silver Certificate Value - How much is 1899 $1 Bill Worth? The comparison I use most commonly is the average of the Labor Value comparators. To read more about our With a Master's degree in history, Kate loves to help clients really see into the lives of their ancestors. This was important to the U.S. government as a method of determining if the Great Depression was truly ending and if Americans were beginning to earn living incomes again.Columns 31 and 32 of the 1940 census asked the number of weeks each person had worked in 1939 and the total amount of money that person earned in that time. You would have to be extremely wealthy to ever even see a You are most likely to see $1,000 bills dated as 1928, 1934, or 1934A. Generally speaking, collectors pay the most for 1928 notes, then 1934, then 1934A.
The 1930 U.S. Census includes the amount of rent paid or the value of the home owned by the head of the household. All things equal, a note in perfect condition is worth considerably more than the same bank note in heavily circulated condition.
You need to pay attention to two things.
What is really amazing is that $1,000 bills were first issued during the 1860s. Professional genealogists and family history researchers for hireThe 1860 and 1870 U.S. Census reports included columns for recording the value of the real estate owned by the head of the household, as well as the value of the family’s personal property. When viewed this way it becomes easier to understand why some people fought so fiercely to hold onto their slaves. You will see lots of serial number between 101 and 100,000. Because of inflation it would be worth about $25853.94 but this is only an estimate inflation rates for decades were based on what farmers were payed which could fluctuate for a number of reasons. You could still order them from banks in the 1960s. The 1934 thousand dollar bill is the less common small sized thousand dollar note. Besides condition, you need to pay close attention to the serial number, especially on 1928 and 1934 notes. It is not uncommon for older Americans to take them to the bank to try to get face value today. The 1940 U.S. Census includes that information and as well as some very detailed information regarding the income of individuals. $500.00 $1,000.00 $5,000.00 $10,000.00 $100,000.00 * Values are based on average prices from recent and past paper currency auction results.
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$1000 in 1899 worth today