April 13, 2010

REF Palladium: Rising Price in the 1850s

Palladium's spectacular price rise was described in a British photographic journal in 1859.


1850/1: 1 Troy Ounce Palladium £ 1.10 - 1.25 (USD$ 5.65)


Citation: The People's medical journal, and family physician, Volumes 1-4 (1851) p.160



c. 1859: 1 Troy Oz. Palladium~ £ 4.24

c. 1851: 1 Troy Ounce Palladium & 1 Troy Oz. Platinum ~£ 1.25 (25s.) 
1851: 1 Troy Oz. refined Pl, Wholesale = £ 1.60 (32s.) 

c. 1859: 1 Troy Oz. Palladium > 1 Troy Ounce Gold
1859: 1 Troy Oz. refined Gold, Mkt = £ 4.24

Citation: The photographic news, Volumes 1-2, edited by Sir William Crookes, George Wharton Simpson. Page 204.

Another 1859 review indicates the cost of the "common" bi-chloride of Platinum at the chemist's: ~24s. (£1.20) an ounce. (The Journal and Transactions of the Photographic Society of Great ..., Issue 2, The Photographic Society of Great Britain, p. 318.)

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