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Slave Prices in the Lower South, 1722-1815

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  • Peter C. Mancall
  • Joshua L. Rosenbloom
  • Thomas Weiss

Abstract

Using data from samples of probate inventories we construct a series of slave prices for Low Country South Carolina and Georgia covering the period 1722-1815. Using these data we examine variations in slave prices by age and sex, as well as geographic variations between and within the two colonies/states. Nominal slave prices more than doubled between 1722/29 and 1810/15. In real terms, however, there was essentially no change in slave prices deflated either by a general consumer price index, or the price of rice. Low Country slave prices were well above those in the West Indies and Maryland prior to the 1740s, but were converging toward the level of prices in these regions. After 1740 the three series moved roughly in parallel.

Suggested Citation

  • Peter C. Mancall & Joshua L. Rosenbloom & Thomas Weiss, 2000. "Slave Prices in the Lower South, 1722-1815," NBER Historical Working Papers 0120, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberhi:0120
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    File URL: http://www.nber.org/papers/h0120.pdf
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    References listed on IDEAS

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    1. R. C. Nash, 1992. "South Carolina and the Atlantic economy in the late seventeenth and eighteenth centuries," Economic History Review, Economic History Society, vol. 45(4), pages 677-702, November.
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    Cited by:

    1. Peter C. Mancall & Joshua L. Rosenbloom & Thomas Weiss, 2000. "South Carolina Slave Prices, 1722-1809," NBER Historical Working Papers 0123, National Bureau of Economic Research, Inc.
    2. Mancall, Peter C. & Rosenbloom, Joshua L. & Weiss, Thomas, 2002. "Agricultural labor productivity in the Lower South, 1720-1800," Explorations in Economic History, Elsevier, vol. 39(4), pages 390-424, October.

    More about this item

    JEL classification:

    • N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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