Re: Fur value 1857
[Re: Gary Benson]
#7053598
11/17/20 10:13 PM
11/17/20 10:13 PM
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Joined: Oct 2018
Posts: 5,570 Dunbar, Wisconsin
Pike River
trapper
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trapper
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
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Rat prices seem to be the same. In today's value that would be a bit more than $5 a pelt. About $22 for coon.
Last edited by Pike River; 11/17/20 10:14 PM.
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Re: Fur value 1857
[Re: Gary Benson]
#7053702
11/17/20 11:16 PM
11/17/20 11:16 PM
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Joined: Sep 2007
Posts: 3,674 Near Alexandria, MN
BanditBuster
trapper
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trapper
Joined: Sep 2007
Posts: 3,674
Near Alexandria, MN
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Since the inflation rates weren't tracked before the early 1900s, I used the value of gold then versus today to convert it into dollars. The fiat dollar has lost about 98% of its value from inflation if you're using gold as the monetary exchange.
Rats: $16.17 Mink: $204.14 Marten: $225.00 Red Fox: $113.01 Otter: $314.88 Coon: $66.17
Upon further investigation there is unofficial inflation rates (based on cost of living) for 1857 which would make the values about 1/3rd of the above prices. Making Pike River right on his $22 coon theory.
Last edited by BanditBuster; 11/17/20 11:38 PM.
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Re: Fur value 1857
[Re: Gary Benson]
#7054447
11/18/20 05:15 PM
11/18/20 05:15 PM
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Joined: Dec 2006
Posts: 12,987 Central Pennsylvania
Nittany Lion
Don't call me Mister, Mister
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Don't call me Mister, Mister
Joined: Dec 2006
Posts: 12,987
Central Pennsylvania
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How about weasels, skunks and opossums?
I got myself a seniors' GPS. Not only does it tell me how to get to my destination, it tells me why I wanted to go there.
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Re: Fur value 1857
[Re: BanditBuster]
#7054476
11/18/20 05:34 PM
11/18/20 05:34 PM
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Joined: Oct 2018
Posts: 5,570 Dunbar, Wisconsin
Pike River
trapper
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trapper
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
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Since the inflation rates weren't tracked before the early 1900s, I used the value of gold then versus today to convert it into dollars. The fiat dollar has lost about 98% of its value from inflation if you're using gold as the monetary exchange.
Rats: $16.17 Mink: $204.14 Marten: $225.00 Red Fox: $113.01 Otter: $314.88 Coon: $66.17
Upon further investigation there is unofficial inflation rates (based on cost of living) for 1857 which would make the values about 1/3rd of the above prices. Making Pike River right on his $22 coon theory.
Correct, based on purchasing power.
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