Carwheel Penny question

[PWA 1967 1,841]

I was showing the wife some coins i recently bought why she has been in Spain.

One of them a Cartwheel penny brought up a question.

"i wonder what you could of bought with it over two hundred years ago " TYPICAL

Anyway a google search hasnt given much and wondered if anyone had any answers.

Pete.

[PWA 1967 1,841]

Car wheel 

[azda 973]

Would hate to have had a pocket full of those buggers, would be walking around in circles 

Edited June 5, 2016 by azda

[HistoricCoinage 115]

2 hours ago, PWA 1967 said:

"i wonder what you could of bought with it over two hundred years ago " TYPICAL

Anyway a google search hasnt given much and wondered if anyone had any answers.

Pete.

There are various ways to measure the purchasing power but this website should give you a breakdown.

£0.39 using the retail price index

£0.40 using the GDP deflator

£4.83 using the average earnings

£6.71 using the per capita GDP

£27.90 using the share of GDP

 

 

Looking at various records online it seems like a penny could get you a quart of beer around then, though.

Edited June 5, 2016 by HistoricCoinage

[Coinbuyer555 3]

toothache was a major cause of death at the same time.

[Ukstu 436]

On 05/06/2016 at 10:44 AM, PWA 1967 said:

I was showing the wife some coins i recently bought why she has been in Spain.

One of them a Cartwheel penny brought up a question.

"i wonder what you could of bought with it over two hundred years ago " TYPICAL

Anyway a google search hasnt given much and wondered if anyone had any answers.

Pete.

This may answer some questions. 

https://www.oldbaileyonline.org/static/Coinage.jsp

Ahhh crap. This post is nearly 2 years old. Bit late ?

Edited December 24, 2017 by Ukstu