At Last a Source that Actually Will give A Conversion (money)
Posted by Cassia on November 01, 1997 at 16:16:58:
Finally found an author willing to venture an exact conversion of Regency money to recent money. In his The EnglishA Social History Christopher Hibbert says the following on page 309:
By one means or another most peers contrived to make at lest L5,000 a year, the rough equivalent L300,000 today...By 1790, so it been calculated, 400 landowner had incomes of L10,000 per year. Several had over L20,000; amd as early as 1715 the lands of the Duke of New Castle were bringing in L32,000, that is to say an annual income of near L 2 million.
So a Regency pound would be worth about twelve pounds in this calulation.
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