In 1848/9, the NY wholesale catalogue price was +53% higher than Paris retail, +40.8% higher than London prices. (Pike's "per ounce" sale weight appears to be avoirdupois. "Platina" and "platinum" are also used interchangeably.)
In 1848, Platinum wholesaled for 55% - 70% the Price of Gold.
1848/9: Troy Ounce of Platinum (refined, US whols.) = $ 10. - 15.
In 1848, Platinum wholesaled for 55% - 70% the Price of Gold.
1848/9: Troy Ounce of Platinum (refined, US whols.) = $ 10. - 15.
c.1848-9: 1 Ozt. Platinum (UK, mfg, retail) = £ 1.60 - 1.90 (USD$ 7.79 - 9.25)
Citation: Supplemental Price Catalogue to Pike's illustrated descriptive catalogue of optical, mathematical ... ; Benjamin Pike (1849) p.58
1848:
Pike's advertised Platinum Lighning Rod Tips probably had ~10.9 g or 0.35 Troy Ounce Pt. but cost double Bollman's wholesale price to the US Navy, per unit.
1814: 1 Platinum Lightning Rod Tip (Producer whols.) = $ 1.67
1848: 1 Platinum Lightning Rod Tip (whols/retail) = $ 3. - 4.
Addendum (n.d.):
In Daniel Davis' Catalogue of apparatus, to illustrate magnetism, galvanism, electro-dynamics, electro-magnetism, magneto-electricity, and thermo-electricity : Manufactured and sold by Daniel Davis, magnetical instrument maker; No. 428 Washington Street, Boston (Boston : s.n., 1848. )
p.8 Fig. 17 Grove's Battery, (single) $ 2.
Fig. C. Grove's Battery, Four Pair $ 8.
Fig. 18 Grove's Battery, in a box (per pair) $ 1.50, $ 2. and $2.50
Platinum Foil, Wire & Slips for "Grove's Battery" are listed for sale, but with no prices given.
Platinum manufactures for schools exempt from duties.
If dated correctly, this USA 'common price' would be 23.86% higher than the Russian export price for refined Platinum confirmed below.
1848: 1 Ozt. Platinum = USD$ 6.70 (dated reference, 1839?)
Citation: Merchants' magazine and commercial review, Volume 20; Freeman Hunt, Thomas Prentice Kettell, William B. Dana, Isaac Smith Homans (1849) p.230
Most Platinum imports were refined European product; little or no Russian ore was imported. Platina was imported from Colombia (unknown quantity?)
1849: 1 Troy Oz. Platinum (StPb: Refined) = USD$ 5.05 - 5.10p.8 Fig. 17 Grove's Battery, (single) $ 2.
Fig. C. Grove's Battery, Four Pair $ 8.
Fig. 18 Grove's Battery, in a box (per pair) $ 1.50, $ 2. and $2.50
Platinum Foil, Wire & Slips for "Grove's Battery" are listed for sale, but with no prices given.
Platinum manufactures for schools exempt from duties.
If dated correctly, this USA 'common price' would be 23.86% higher than the Russian export price for refined Platinum confirmed below.
1848: 1 Ozt. Platinum = USD$ 6.70 (dated reference, 1839?)
Citation: Merchants' magazine and commercial review, Volume 20; Freeman Hunt, Thomas Prentice Kettell, William B. Dana, Isaac Smith Homans (1849) p.230
Most Platinum imports were refined European product; little or no Russian ore was imported. Platina was imported from Colombia (unknown quantity?)
Citation: The metalic wealth of the united States, described with that of other countries ; J. D. Whitney (1854) p.157
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