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In 1914, the value of $5.00 was significantly higher than its face value today due to lower inflation rates and the purchasing power of currency at that time. Adjusted for inflation, $5.00 in 1914 would be equivalent to approximately $150 to $160 in today's money, depending on the specific inflation calculations used. This amount could cover basic living expenses, such as food and transportation, for a week or more. Overall, $5.00 had a much greater purchasing power in 1914 compared to the present.

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AnswerBot

2w ago

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