USA, 1864: Palladium Price

The retail Price of pure Platinum wire was +290% the price of the cited 'non-commercial' refined metal price in 1854.  

Paris-made Palladium wire shown in New York in early January 1865 was likely purchased in August/August 1864.  Assuming USD$ 2.58 = $1; Gold exchange $1. = Fr. 5.15625

8?/ 1864: 1 Troy Ounce Palladium (Import: Semi-Mfg, .999) = USD$ 150.00
8?/ 1864: 1 Ozt. Palladium (Import: Semi-Mfg, .999) ~ $ 58.14

8?/ 1864: 1 Ozt. Palladium (Import: Semi-Mfg, .999) ~ Fr. 300.

Citation: Documents of the Assembly of the State of New York, Vol,9, New York State Legislature Assembly (1865), p.468.


Citation: The Scientific Review, and Journal of the Inventors' Institute, By CASSELL PETTET AND GALPIN (3/1865), p.7

1864: In the Summer of 1864, the Market Price for Gold in Greenbacks was $53.41. If that were the Price of Platinum, pure Palladium was 3x higher.

Citation: New York Dental Journal, Vol. 5 (1864), p.323



Where Pure Silver was $2./Ozt,

February, 1864: unknown premium added to old prices; Gold Foil was $32./oz.

1864: 1 Ozt. "Platina" (Trade: Dental Alloy 30/70 Ag-Pt, Plate ) = $ 7.

1864: 1 Ozt. "Platina" (Trade: Dental Alloy, 30/70 Ag-Pt Wire) = $ 8.

1864: 1 Ozt. Platinum (Dental Trade: Plate, .999 ) = $ 18.67 

Citation: Hettingers Dental News, Vol, 3, No.1 (March, 1864) p.

Imported to NYC in fiscal 1864, each package was worth $2,925.88 




Dental Scrap ("platina") contained very small amounts of true Platinum; not worth refining?




Adjusting for Real Inflation since 1864 (4,506%) we can extrapolate a long term price for refined manufactured Palladium to be $ 4,331. (in 2009 USD$.)