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Apr 4, 2021 · The first known mention of the historic sale comes from a 1626 letter penned by a Dutch merchant named Pieter Schagen, who wrote that a man named Peter Minuit had purchased Manhattan for 60...
In 1626, Peter Minuit’s acquisition of Manhattan for trade goods valued at 60 guilders, equivalent to roughly $1,150 today, became one of the most enduring legends of New York City’s formation. Contrary to the popular myth that simplifies this transaction to a mere $24 in trinkets, the deal, documented by Peter Schaghen, showcases the ...
5 days ago · In May of 1626, Dutch West India Company rep Peter Minuit met with local Lenape Native Americans to purchase the rights to the island of Manhattan for the value of 60 guilders.
He returned in the same year, and in 1626 was appointed the new director of New Netherland, taking over from Willem Verhulst. He sailed to North America and arrived in the colony on May 4, 1626. Minuit is credited with purchasing the island of Manhattan from Native Americans in exchange for traded goods valued at 60 guilders.
Oct 2, 2012 · In the Dutch National Archives is the only known primary reference to the Manhattan sale: a letter written by Dutch merchant Pieter Schage on November 5, 1626, to directors of the West India...
Jun 27, 2012 · All in all it’s not much to go on; nevertheless, the scholarly consensus is that the purchase did take place, probably by Peter Minuit, and most likely in mid-May, 1626. The contract for the purchase of Manhattan has been lost, but it is perhaps not too far-fetched to take the surviving deed to Staten Island as a reasonable proxy for it.
Mar 5, 2024 · By Erin Blakemore. March 05, 2024. History is full of enterprising sales and screaming bargains. One of the most notorious, legend has it, took place in Manhattan, when the island’s Native...
