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July 23, 2013 | Antique Money

When the $20 Bill was a Hefty Sum…

Let’s wander back in time to the “good old days.” Sometimes, elderly people think that old money had a purchasing power that was greater than today and that is not necessarily true. One hundred years ago $20.00 was worth about $470.60 in today’s money. That’s an increase of 2253%. Fifty years ago, that same $20.00 […]