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250, but I'm pretty selective. Organized into 5 folders:
My two active folders(1920x1080 and 1024x768; I have two monitors, and they slideshow),
A backup folder where I keep the original copies of the wallpapers I use before I resized/cropped them,
A folder where I keep files I have yet to edit,
And one last one labeled "Under Consideration", where I put files I'm unsure about adding to my Active folders.