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How much was a gold $20 Double Eagle worth in the late 1800s?
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<p>[QUOTE="CamaroDMD, post: 5172619, member: 5233"]I doubt that $20 gold pieces got a lot of daily commerce back in the 1880s. I just plugged $20 into my inflation app on my phone for 1880 and it tells me the purchasing power would be the equivalent of $538 today. I don't walk around with that kind of money very often and I doubt many people do.</p><p><br /></p><p>As has been mentioned already, it would be hard for merchants to make change too.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 5172619, member: 5233"]I doubt that $20 gold pieces got a lot of daily commerce back in the 1880s. I just plugged $20 into my inflation app on my phone for 1880 and it tells me the purchasing power would be the equivalent of $538 today. I don't walk around with that kind of money very often and I doubt many people do. As has been mentioned already, it would be hard for merchants to make change too.[/QUOTE]
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How much was a gold $20 Double Eagle worth in the late 1800s?
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