How did NYC pay for the Statue of Liberty?

Through urging the American public to donate money towards the pedestal in his newspaper New York World, Pulitzer raised over $100,000 in six months- more than enough money to ensure the pedestal's completion. As an article published in New York World on March 16, 1885 argued, We must raise the money!



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With 31 tons of copper and 125 tons of steel, the scrap value of the Statue of Liberty comes in at $227,610, far below two of the most expensive statues in the world. But that's what happens when you use millions worth of gold and bronze.

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Federal ownership Liberty Island has been owned by the federal government since 1801, first as a military installation and now as a national landmark.

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3. Lady Liberty is struck by lightning 600 times every year. Standing proud, exposed to the elements, the statue has to withstand around 600 lightning bolts every year and, in high winds, the torch can sway by about 5 inches side-to-side!

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Some say the current white statue was substituted for the original when American politicians objected to the portrayal of Liberty as a black woman. Some have even argued that the original black statue still exists, either in France or hidden somewhere in the catacombs of New York.

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The rental fee ranges from $9,500 to $13,000 for a reception and includes 5 hours of event time excluding set up and clean up time. There is a food and beverage minimum applied to all events. The fee for a ceremony is $1,500.

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Her specs: Lady Liberty stands at 305 feet and six inches tall. Surprisingly, the copper sheets used to shape her figure are only as thick as a penny and a half. Speaking of pennies, the structure without the pedestal weighs 225 tons. That's equivalent to 8,990,000 pennies.

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Is the Statue in New York or New Jersey? The Statue of Liberty is on Liberty Island, federal property administered by the National Park Service, located within the territorial jurisdiction of the State of New York. A pact between New York and New Jersey, ratified by Congress in 1834, declared this issue.

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The last residents of Liberty Island, superintendent David Luchsinger and his wife, Debbie, left the island in 2013. The Statue of Liberty Museum now occupies the side of the island where the residences used to be.

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The campaign raised over $100,000 (roughly $2 million today) allowing the city to complete construction of the pedestal. Pulitzer and The World simultaneously saved the Statue of Liberty and gave birth to crowdfunding in American politics.

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