Diane > 19-02-2016, 06:40 PM
ReneZ > 27-07-2017, 12:56 PM
(13-02-2016, 09:04 AM)david Wrote: You are not allowed to view links. Register or Login to view.Has anyone ever managed to work out a realistic assumption of the purchasing worth of 600 ducats at that moment in time?
Koen G > 27-07-2017, 01:29 PM
ReneZ > 27-07-2017, 02:08 PM
Anton > 27-07-2017, 02:29 PM
Quote:Searcher made me see this old question again.
One ducat had 3.5 grams of gold, so 600 ducats are 2.1 kg of gold.
One can try to interpret the buying power of this over time.
Nowadays, this is around 90,000 US$ .
During Wilfrid's lifetime it was 1400 US$ (presently about 35,000 US$ through inflation).
Both amounts are not excessive for rare books.
When Kraus was asking over 100,000 dollars for the book, the above-mentioned amount of gold
was worth less than 2500 dollars.
Quote:Rene, don't the examples you show in the first posts suggest that the VM would have been Rudolph's most expensive single book by a significant margin?
Searcher > 27-07-2017, 02:42 PM
Searcher > 27-07-2017, 03:16 PM
(27-07-2017, 03:01 PM)Anton Wrote: You are not allowed to view links. Register or Login to view.In terms of purchasing power, 600 pounds in 1580 would be something around 170000 pounds today.
You are not allowed to view links. Register or Login to view.
Anton > 27-07-2017, 03:19 PM