alaska sold

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Why did Russia sell Alaska for only $7.2 million to the US? Biggest mistake?

Jacruz25 @Jacruz25 (1124) • Philippines 15 Oct 11

In 1866 Alaska was still a part of Russia and they owned the land for 125 years. Then by 1867 Russia made a decision to sell it to the United States for only $7.2M ($109,133,896 today's value). It appears that Russia had financial...

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