Peter Minuit Buys Manhattan (1626)

Peter Minuit was the director-general of the Dutch colony of New Netherland who is credited with the purchase of the island of Manhattan in 1626. According to legend, he persuaded the natives—perhaps a Metoac band of Lenape known as the Canarsee, who were actually native to what is now Brooklyn—to “sell” the island for a handful of trade goods worth approximately 60 guilders. In 1846, that price was converted by a New York historian to what US dollar amount? Discuss

Source: The Free Dictionary

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