What is Minuit's bargain?
by 
Highlander is semi-retired from AB
ANSWERS: 2
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"I'll Take Manhattan" !
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Although Peter Minuit was governor general of the colony for five years [he was relieved of his position in 1631], he is best known for his purchase of Manhattan from the Indians for 60 guilders which is estimated to be equivalent to about $25 in 1626 dollars, probably equivalent to about $500 in today's dollars, but still an obvious bargain. The exchange was made either in May 1626 or in July 1626, which is either in the same month, or two months after he arrived in New Amsterdam to take up his new governor general position.
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