Actually, didn't a lot of kids' spare change go toward funding the pedestal for the Statue of Liberty?
That $0.05 in 1905 is worth $1.03 today. Just try to imagine an arts group - much less the DAR - asking all school children to donate $1 for a statue.
And that $8,000 statue? That would run $164,188.56 today.
And that's just consumer price index inflation, not counting the run on art prices.
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