Aha Lantern: alaska sold for two cents an acre
Full story with sources: https://ahalantern.blogspot.com/2026/10/alaska-sold-for-two-cents-acre.html
On October 18, 1867, Alaska formally changed hands in Sitka for $7.2 million, less than two cents an acre. Critics called it Seward's Folly and an icebox. Then came the Yukon gold.
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Sources:
- https://history.state.gov/milestones/1866-1898/alaska-purchase
- https://www.nps.gov/places/american-flag-raising-site.htm
- https://www.archives.gov/milestone-documents/check-for-the-purchase-of-alaska
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