I had a good laugh when I read that the sale of Manhattan Island for 60 guilders’ worth of trade goods in 1626—“little more than $1,000 today”—was the worst real-estate deal of all time ...

It was part of an effort to raise money for repairs on a dike that was damaged earlier that year. In all, the water authority amassed 23,000 Carolus guilders after selling more than 50 bonds.

The present-day guilder is a Dutch coin worth about 40¢ (exchange is nearly normal); and 1,000 guilders would be, therefore, about $400, More Must-Reads from TIME.

To put those prices in perspective: In 1637, one guilder was worth about $10 in today’s money. 300 guilders would be about $3,000. That amounts to quite good yearly wage at the time.

And Rabobank's embarrassing "human error" that led to 250,000 standing orders being processed in euros instead of guilders. The renowned "Holland Casino" at Amsterdam airport - which made a remarkable ...

Investment firm 60 Guilders unwrapped a $143.3 million deal this Christmas for three apartment buildings in Williamsburg, Brooklyn.. The Rabsky Group sold the 113-unit building at 205 North Ninth ...