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Alaska was sold to USA for just 7.2 million USD ($116 million in 2012 dollars)
- sarcasticguy 13y agoDid someone just wake up?
- spikkle 13y agoWell, that's if you believe in the dollar inflation. Consider the same in opportunity cost, as in, what if it was gold instead? In 1867 gold was worth $27.86 an ounce. Today gold is worth $1,289.10 per ounce (way down from last year). That means Alaska was purchased for 258,435 oz of gold. Or, $333,148,600.14 today. Still, it was quite a bargain.