However, that's not that helpful when you want to know how much something “cost" society in the economic context of the time. Strictly speaking you're correct in saying £63,000 of 1755 money is now worth £10 million or so in 2022. Hope this isn't too dull to read, but it's a bit more complicated than that. Oak is expensive now, H&S legislation would slow things down, modern machinery would speed things up, lack of skilled men would slow it down, labour is probably more expensive. I wonder how much it would cost to build a new one though? Things have changed a lot in the dockyards since 1755. In 1755 she cost £63,176 to build from 2000 oak trees, 60 acres of woodland!Ī site that calculated historical price equivalents reckoned that to be £12,382,496 at today's rates. The librarian in me had to research that.
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