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QA › History › Who purchased Manhattan Island from local Native Americans by trading trinkets?

Who purchased Manhattan Island from local Native Americans by trading trinkets?

A. Cecilius Calvert

B. Benjamin Franklin

C. William Penn

D. Peter Minuit

Answer: D. Peter Minuit

In May 1626, Peter Minuit, the representative of the Dutch West India Company, managed to obtain the rights to own the island of Manhattan from the local Native Americans. He sealed this transaction with an exchange of trinkets that cost about 60 German gold coins, also referred to as guilders. Currently, 60 guilders have been valued to be worth about $24.

History

3 years ago

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