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The Alaska Purchase was the purchase of Alaska from the Russian Empire by the United States for a sum of $7.2 million in 1867 (equivalent to $129 million in 2023) [1].On May 15 of that year, the United States Senate ratified a bilateral treaty that had been signed on March 30, and American sovereignty became legally effective across the territory on October 18.
Accession Date Area (sq.mi.) Area (km 2.) Cost in dollars Original territory of the Thirteen States (western lands, roughly between the Mississippi River and Appalachian Mountains, were claimed but not administered by the states and were all ceded to the federal government or new states by 1802)
Eager to release themselves of the burden, the Russians sold Fort Ross in 1841, and in 1867, after less than a month of negotiations, the United States accepted Emperor Alexander II's offer to sell Alaska. The Alaska Purchase for $7.2 million (equivalent to $162 million in 2024) ended Imperial Russia's colonial presence in the Americas.
Russia and the U.S. negotiated $7.2 million for the U.S. to acquire Alaska as a territory in 1867 under the Alaska Purchase. (Getty/iStock) Today, that would be $153 million.
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Scope and content: Known as "Seward's Folly," the purchase of Alaska from Russia cleared the way for the admission of the first noncontiguous terrritory to the United States. General notes: Treaty documentation is available in "Perfected International Treaties, 1778-1945," National Archives Microfilm Publication M1247.
Gwadar Purchase: Elten, Selfkant, and Suderwick West Germany Netherlands: 280 million DM: 1963 69 km² 4.1 million DM/km² Ausgleichsvertrag: Tiran Island and Sanafir Island [27] Saudi Arabia Egypt: $22 billion USD in oil and development aid 2017 113 km² Agreement of maritime delimitation between the Kingdom of Saudi Arabia and the Arab ...
Purchase of Land: 18 Stat. 170: 570: From Omaha for Winnegagoes 1874: June 22: Act of Congress: Fund removal, as per Treaty 18 May 1854: 18 Stat. 156: Kickapoo of Texas and Mexico 1874: June 23: Agreement: N/A: 571: Eastern Shawnee 1874: June 23: Act of Congress: Sale of lands per 1872 Act: 18 Stat. 272: Kaw, "Kansas Indian" lands 1874: June 23 ...