May 27, 2010

USA, 1890s: Early Peak, Fluctuation, Then Rise


Citation: The Electrical Engineer, Vol. 15, No. 254, 3/15/1893 p.268


1884-97: 1 Troy Oz. of Platinum (est. semi-ref whols crude cost) = Fr 30.82 (~$6.)
1884-97: 1 Troy Oz. of Platinum (est. semi-ref whols crude price) = Fr 44. (~$8.6)
.


1889:


1889: 1 Troy Ounce of Platinum (refined) = $ 8. - 8.75
1890: 1 Troy Ounce of Platinum (refined) = $ 20.
1890: 1 Troy Oz. of Platinum (refined, 8/90) ~ $ 20.
.



Platinum was customarily cited as "platina" as late as the 1890s, here.

1890: 1 Troy Ounce Platinum (refined) = USD$ 20.

Citation: Items of interest, Vol. 13 (1891) p.116


1890/1: 1 Troy Ounce of platina (ore) = $ 9. - 10.50.

1891: 1 Troy Ounce of Platinum (refined) = $ 12.
1892: 1 Troy Ounce of Platinum (refined) = $ 10.
1892: 1 Troy Ounce of Platinum (refined) = $ 9.









Early 1890s: US Platinum Consumption:



1897: 1 Troy Ounce platina (Russia producers, whols.) = USD$ 7.75-8.75
1897: 1 Troy Oz. Platinum (St. Petersburg, refined, whols.) = USD$ 15.85
1897: 1 Troy Oz. Platinum (New York, ingot, whols.) = $ 12.34
1897: 1 Troy Oz. Platinum (New York, refined, whols.) = $ 15. - 16.
1898: 1 Troy Oz. Platinum (New York, ingot, whols.) = $ 12.79
1898: 1 Troy Ounce of Platinum (manufactured) = $ 16.
1898: 1 Troy Ounce of Platinum (manufactured) = $ 16.




1899: 1 Troy Oz. Platinum (manufactured) = $ 18.



1899: 1 Troy Oz. platina (US ore) = $ 8.








Estimated global mkt wholesales platina prices:

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