Hello Pat. Yours is a very difficult question and perhaps should be left to a historian/statistician/economist. Though I suspect that Mr. Harold Gill will differ (and perhaps rightly so, since we calculate based on different items and also upon whether it was a merchant at wholesale or, instead, a common citizen raising much of his own food) with my equivalents based on common everyday household and home items - obstetrics, cookware, pork ribs, ham, bacon, front quarters of beef; butter, flour, lard, tobacco, sugar, guns, a plow, a utility horse (for riding and light work), a cow, a shoat, and several articles of common clothing (mostly of men), a week of room and board in an ordinary home, a day of common labor, and a few other everyday items - I would multiply those numbers by 50-60. So, by my reckoning 9₤/3S, based on a 18th Century Pound being worth about 3.00 in our money, then 9₤/3S would be $550.00-$600.00 today. Notice too that such values would vary widely depending entirely on WHERE the subject(s) lived.
Paul
www.DrakesBooks.com
-----Original Message-----
From: Research and writing about Virginia genealogy and family history. [mailto:[log in to unmask]] On Behalf Of Pat Grogan
Sent: Sunday, July 29, 2007 1:48 PM
To: [log in to unmask]
Subject: [VA-ROOTS] Pounds and shillings
In early Virginia records we encounter 9 pounds 3 shillings. How much does that equal to in out terms of money?
Thanks.
Pat
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