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Subject:	Re: Comparative value of 3 pounds 2 shillings in 1764
From:	"Metz, John (LVA)" <[log in to unmask]>
Reply To:	Discussion of research and writing about Virginia history <[log in to unmask]>
Date:	Wed, 6 Apr 2016 20:32:06 +0000
Content-Type:	text/plain
Parts/Attachments:	text/plain (1 lines)

Jon



Is McCusker the author that is prompting your inquiry?  I have used a site that provides historical data on commodity price indices that I find pretty reliable.  It is the Institute for Social History (http://www.iisg.nl/hpw/data.php) they have a boatload of data from all over the world and from a range of time periods.  I think the one you'd be most interested in is under the United States heading, fairly far down the page.  It is: "Prices and wages in Chesapeake, 1733-1827", which has a link to a spreadsheet.  It was derived from (1) "Provisioning Early American Towns.  The Chesapeake: A Multidisciplinary Case Study.  Final Performance Report by Lois Carr and Lorena Walsh" as well as (2) McCusker and (3) Decadal averages of wages, pasted from the Excel file "Maryland 1752-1856," and originally from Donald R. Adams, Jr. "Prices and Wages in Maryland 1750-1850," Journal of Economic History 46, 3 (September 1986): 625-646. Adams made assumptions about the shillings and pence per dollar in the colonial era, based on some scattered evidence. See his article, footnote 5. 



There are also lots of other datasets that might be of help and interest.



Let me know what you think,

John







-----Original Message-----

From: Discussion of research and writing about Virginia history [mailto:[log in to unmask]] On Behalf Of Jon Kukla

Sent: Wednesday, April 06, 2016 2:41 PM

To: [log in to unmask]

Subject: [VA-HIST] Comparative value of 3 pounds 2 shillings in 1764



I've checked the online sites that translate monetary value from one year to another, but the resulting figures result in a comparison that is more abstract than concrete.



   I'd be grateful for informed suggestions about the commodities (aside from the book that prompts my inquiry) that a Virginian might buy in Williamsburg in November 1764 for 3 pounds 2 shillings.



Thank you.



Jon Kukla

________________

www.JonKukla.com <http://www.jonkukla.com/>



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