Oh yum condensed milk...we spent our tickey (3d) (early 1930s) pocket money on a small tin of condensed milk, made two small holes in the tin and sucked that stuff out for hours....THAT was sheer luxury Patricia Frykberg (aka Pat) -------------------------------------------------- From: "Johan Venter" <johannv69@ovi.com> Sent: Monday, October 10, 2011 2:10 AM To: <south-africa@rootsweb.com> Subject: Re: [SOUTH-AFRICA] Value of money? > Keith, > > In today's money that would be equivalent to about US$ 3 million, or ZAR > 30 million (If not more). Yes, that was quite a considerable amount. > > A good guide to devaluation of currency is to compare prices of everyday > commodities. In 1919, South Africa, a box of matches (3x the size of a > modern box of matches - containing 100 matches) cost a farthing (1/4 penny > about 0.5 US cent). A tin of condensed milk (which in those days was > imported from England) cost 3d (about 5 US cents), and was considered an > expensive luxury. A tailor-made men's suit, made from your choice of > fabric and style, to your exact measurements. Cost one guinea (£1 1/- ~US$ > 2.10). > > Johan. > >>> > > All, > > I have just come across my grandfather's estate. In 1919, it was 3,000 > pounds > sterling. Am I correct in thinking that was a large amount of money? > > What would be the equivalent worth today? > > Keith > > > > ------------------------------- > To unsubscribe from the list, please send an email to > SOUTH-AFRICA-request@rootsweb.com with the word 'unsubscribe' without the > quotes in the subject and the body of the message > > ----- > No virus found in this message. > Checked by AVG - www.avg.com > Version: 10.0.1410 / Virus Database: 1520/3943 - Release Date: 10/07/11 >