This morning, i bought a Nantucket Nectars Half and Half. It was delicious, as well as educational. For example, I learned from the cap that Nantucket was purchased in 1692 for 30 pounds sterling and two beaver hats. It makes me wonder who amongst the crazy islanders (aka English, who I assume are the ones most likely to traffic in English pounds) would buy an island or sell one using money AND beaver hats. How much worth does a beaver hat really have? It’s no longer a highly profitable pelt, and it’s nowhere near as fashionable or as warm as a coon skin cap. What does a beaver hat even look like?
Evidently it was not so much the pelt of the beaver itself that was valuable, but the felt that could be made from it. This felt was in vogue at the time, and versatile, being molded into a variety of shapes. So a beaver hat could be a top hat, or a brown derby, or even a cowboy hat, depending on your inclination. I wonder which shape was worth an island? Eventually silk hats became popular and replaced beaver felt as the hat making material of the time. Today, on eBay, such hats can range from $10-100 in a variety of shapes and styles. So be sure to ask your local spinsterish haberdasher if the latest style is made of real, 100% beaver.