Manhattan being purchased from Native Americans for $24 is widely circulated, it's a simplification of events and a misinterpretation of the historical record. The more accurate account suggests that the Dutch traded goods valued at 60 guilders, which at the time, was worth considerably more than $24, for the island
Discussion
Here's your 24 dollars and 60 guilders... Now if your Chieflyness will step right this way, we've prepared an exquisite buffet hosted by the Dutch East India Company after which we have secured your spot for shopping in the yearly 90% sale over at the Company Store!