Julius Caesar was captured by pirates near the island of
Pharmacusa, and held until someone paid 50
talents to free him. In Europe during the
Middle Ages, ransom became an important custom of
chivalric warfare. An important
knight, especially
nobility or
royalty, was worth a significant sum of money if captured, but nothing if he was killed. For this reason, the practice of ransom contributed to the development of
heraldry, which allowed knights to advertise their identities, and by implication their ransom value, and made them less likely to be killed out of hand. Examples include
Richard the Lion Heart and
Bertrand du Guesclin. In 1532,
Francisco Pizarro was paid a ransom amounting to a roomful of gold by the
Inca Empire before having their leader
Atahualpa, his victim, executed in a rigged trial. The ransom payment received by Pizarro is recognized as the largest ever paid to a single individual, probably over $2 billion in today's economic markets.
Modern The abduction of
Charley Ross on July 1, 1874, is considered to be the first American kidnapping for ransom.
East Germany, which built the
Inner German border to stop emigration, practised ransom with people. East German citizens could emigrate through the semi-secret route of being ransomed by the
West German government in a process termed
Freikauf (literally the buying of freedom). Between 1964 and 1989, 33,755 political prisoners were ransomed. West Germany paid over 3.4 billion DM—nearly $2.3 billion at 1990 prices—in goods and hard currency. Those ransomed were valued on a sliding scale, ranging from around 1,875 DM for a worker to around 11,250 DM for a physician. For a while, payments were made in kind using goods that were in short supply in East Germany, such as oranges, bananas, coffee, and medical drugs. The average prisoner was worth around 4,000 DM worth of goods. ==Ransom notes==