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Value of Money in the days of the King and Queen and now
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Author:  Maggie [ Thu Apr 14, 2011 5:41 pm ]
Post subject:  Value of Money in the days of the King and Queen and now

Can anyone send a link to how much the value of a franc or livre was in the days of the Revolution and today. For example I think it was Cronin who stated that 1 livre equalled £1 but the book was published in 1989 or so. Rosalie Lamorliere who looked after the Queen in the Conciergerie in 1793 was given a life residence in the poorhouse by the Queen's daughter and for a time had an annual income of 200 francs a year. If she had a shelter and food what could she have purchased for this pension.

Author:  Monsieur Etiquette [ Fri Apr 15, 2011 6:45 am ]
Post subject:  Re: Value of Money in the days of the King and Queen and now

Lever, in a documentary a few years back (I think around 2005-7), said that the value of the Diamond Necklace was worth about 7 million euros today. The estimate of Diamond Necklace was, then, around 2 million livres. But then, this is not the most accurate comparison, since we're dealing with an extremely rare diamond necklace which is made of commodities that shifted with the market over the last two centuries.

Author:  Monsieur Etiquette [ Fri Apr 15, 2011 6:54 am ]
Post subject:  Re: Value of Money in the days of the King and Queen and now

Here are some good references:
http://www.maisonstclaire.org/resources ... elist.html
http://www.histoire-genealogie.com/spip.php?article398

We are of course talking about the livres tournois. I quote from the second site (translated as best I can):

"For the record, a gram of fine gold is worth about 10.26€ in 2006"
"1785: Louis XVI: 1 livre tournois = 0.29 tournaments grams of fine gold"

This, again, relies on the changing nature of gold, but then, the livre tournois was, to my knowledge, priced according to the grams of gold then.

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