RE: Does anyone know what the value of 1 pound Sterling in 2009 would be compared to the value in 1714? <SNIP> Also, in 1714, how many pounds of tobacco would be worth 1 pound Sterling? I think it's 250 lbs of tobacco, but I'm not sure. Thanks! Barb Price - - - - - Hi Barb, Do you know that one pound in the American colonies was not worth as much as one pound Sterling? I came across that tidbit and was surprised. I made a note of it (and the source) but it may take me some time to find it. Seems like it was in an article telling about some of the inequalities of English subjects. leading up to the Revolution. Jean

I could be wrong about this....... This is assuming you are correct on the volume of tobacco required in 1714 to equal one pd sterling .... My NC tobacco farming roots coming out here....I would estimate the current value of 250 pds of unprocessed dried tobacco as being worth over $450.00 US (about a $1.85 per pd in today's money) I think the current value of the British pound or pound sterling is about $1.44 US.... So, If my logic, and your number of pds tobacco required is correct, inflation has took it's toll. On Thu, Feb 5, 2009 at 1:49 AM, Larry Hallauer <hallauer@tampabay.rr.com>wrote: > RE: Does anyone know what the value of 1 pound Sterling in 2009 would be > compared to the value in 1714? <SNIP> Also, in 1714, how many pounds of > tobacco would be worth 1 pound Sterling? I think it's 250 lbs of tobacco, > but I'm not sure. Thanks! Barb Price > -- Fred Duncan 136 Kirk Adams Road Angier, North Carolina 27501