There’s the Lincoln Property Company I typically have a beef with, and then there’s Abraham Lincoln, the 16th president of the United States. We’re talking about the latter here.
Back in 1841, Lincoln’s father, Thomas, wasn’t rolling in dough, and a 32-year-old Abraham helped him out by purchasing 40 acres of farmland outside Charleston in central Illinois. At the time, Lincoln was a state representative for Sangamon County (home to state capital Springfield) some 90 miles away. What’s also chronologically interesting is that 1841 was also the time Lincoln called off a marriage with Mary Todd before a reconciliation and the birth of their first child, Robert Todd Lincoln some two years later.
Yesterday, the original 40-acre parcel is now 30, and has for the past 30 years been part of a 590 acre farm that was sold at auction (on Lincoln’s birthday). The Times-Courier and Mattoon Journal-Gazette reports that on Feb. 12, 2019, 560 acres sold for $7,000 per acre, or $3.9 million. The Lincoln 30 acres were sold separately for $10,000 per acre, or $300,000 to an unnamed buyer with unknown plans for the site.