The Story of Peter Minuit, the Settler who Bought Manhattan in Exchange for Teapots, Hoes, Necklaces, and Other Objects

On May 24, 1626, one of the most famous real estate transactions in history took place: the director-general of New Netherland, a colony of the United Provinces of the Netherlands located in the northeast of America, bought the island called Manhattan from the Lenni-Lenape Indians for sixty florins.

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