�20,000 in 1759, what's it worth now?

[Mr Veritas]

When the great composer George Frideric Handel died in 1759,he left �20,000 to the Foundling Hospital.
I just wondered what it might be worrth in todays terms?
Thank You.

[devilspawn]

nowt - they will have spent it all!

[jno]

a modest �2.7 million... or maybe �29 million, according to this

http://www.measuringworth.com/ppoweruk/result. php?use[]=CPI&use[]=NOMINALEARN&year_early=175 9£71=20000&shilling71=&pence71=&amount=20 000&year_source=1759&year_result=2009

[Mr Veritas]

Thanks jno,
That's a great site,I must bookmark it.
I knew that �20,000 must be a very large sum in 1759,as 10 years before that sum built the WHOLE of the Foundling Hospital!

[Buenchico]

Hi, Mr V:

Jno has provided an excellent link but I thought that you might also find this interesting:
http://privatewww.essex.ac.uk/~alan/family/N-M oney.html

Chris

[Mr Veritas]

Thanks Chris,
That's another great site too, I shall put it in favourites along with jno's.
It's just these sort of sites that you need,and then can't put your finger on,so thanks again.
Alec.