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4 Of The Most Unbelievable Land Deals The U.S. Ever Made With Other Countries.
85 cents. Not enough for a cup of Starbucks coffee today. But in 2025 dollars, that’s all the U.S. paid per acre to buy Alaska (2 cents per acre back then).
Why would Russia sell such a special piece of land for pennies per acre?
It was 1867. So, maybe $7.2 million seemed like a gigantic pile of cash.
The most ridiculous part of the story, though?
Experts thought the U.S. was getting cheated!
Imagine. Some of the most attractive outdoor adventure land in the world. And people thought two cents an acre was paying too much for the Alaskan wilderness.
See the rest of the story here to find out what else the experts were missing. You’ll also learn about three more historic land deals including…
How the Louisiana Purchase was a steal for America but the seller wasn’t foolish.
Just how vital the Virgin Islands were — beyond the billions raked in from tourism.
Why Spain got so little for one of the most prized coastal territories in the Americas.
Thanks for reading,
Shane McLendon — Today’s Time Capsule writer
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