April 25, 2010

France, 1878: Platinum Stills, Paris Exposition Universelle

At the Paris Exposition Universelle of 1878, Johnson & Matthey Co. exhibited 'more economical' manufactured platinum stills. 


1873: 1 Troy Ounce Platinum (scrap)  = Fr 25.19 (USD$ 4.84)
1878: 1 Troy Ounce Platinum (mfg. still)  = Fr. 31.10 (USD$ 6.03)

Citation: La Nature: revue des sciences et de leurs applications aux arts et ..., Volume 6, By Gaston Tissandier (1878), p.247.



1873:



1878:


Adjusting for Real Inflation since 1878 (7,022%) we can extrapolate a long term wholesale price for manufactured Platinum to be $ 429. (in 2009 USD$.)

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