April 24, 2010

UK 1880s-1906: Photography Drives Platinum Scrap Higher

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Seven years after the 1866 wholesale low indicated by contemporary St. Petersbourg analysts, the cited 1873 UK Platinum Price may have represented at retail low in that market. (After 1866, global industrial demand drove exponential growth in prices until the US Commodity Collapse of 1920.)

From the introduction of Willis' platinotype method (1873) until 1906, the British retail price of Platinum rose 377%; the price of scrap rose 608%. In the same period, British consumer prices were in deflation, -17.6%.

From 1817 until 1906, the British price of retailed scrap rose 1,600%. (In the same period, British consumer prices were in deflation, -27%.)


1906: 1 Troy Ounce Platinum (refined, manfactured) = £ 6.0 (USD$ 29.)


1890: 1 Troy Ounce Platinum (refined, retail?) = £ 4.0 (USD$ 19.44)
1889: 1 Troy Ounce Platinum (refined, retail?) = £ 2.75 (USD$ 13.39)
1885: 1 Troy Ounce Platinum (refined, retail?) = £ 1.75 (USD$ 8.47)
1880: 1 Troy Ounce Platinum (refined, retail?) = £ 2. (USD$ 9.68)


1900: 1 Troy Ounce platina = £ 3.15 (USD$ 15.34)
1890: 1 Troy Ounce platina = £ 1.25 (USD$ 6.08)
1880: 1 Troy Oz. platina (UK, bulk) ~ £ 1.10 (USD$ 5.25)
1880: 1 Troy Ounce platina (Source) = £ 0.32 (USD$ 1.53)

1873: 1 Troy Ounce Platinum (refined, manfactured, retail) = £ 1.40 (USD$ 7.77)
1873: 1 Troy Ounce Platinum (scrap) = £ 0.60 (USD$ 3.33)

1817: 1 Troy Ounce Platinum (scrap) = £ 0.25 (USD$ 1.15)

June?, 1906: 1 Troy Ounce Platinum (scrap) = £ 4.25 (USD$ 20.61)
October, 1906: 1 Troy Ounce Platinum (scrap) = £ 5.5 (USD$ 26.68)
January, 1907: 1 Troy Ounce Platinum (scrap) = £ 6.5 (USD$ 31.59)

Platina prices:



Citation: The American amateur photographer, Vol. 18, 1906, pp.390-1


Citation: Photo-era magazine, Vol. 17 ; Juan C. Abel, Thomas Harrison Cummings, Wilfred A. French, A. H. Beardsley (1906) p.396.



1906:

Citation: British journal of photography, Vol. 51; Volume 54 (1907) p.78



Citation:Chamber's encyclopaedia: a dictionary of universal knowledge, Vol. 8 (1891) p.227

Citation:The Photographic journal of America ..., Vol. 27 (10/1890), p.621.


 

1890:

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