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A penny in 1900 was worth about $0.23 compared to today. A dollar in 1900 would be worth about $23.23. What could be purchased for the amount of money depended on the retailer's prices. In the 1900, there were a lot of issues with items sold by weight because shop owners would change the scales depending on the consumer. This is not true for all but was a common issue.

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a penny was worth a penny no matter what year it was

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Q: What could one penny buy in 1900?
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