July 29, 2010

USA, 1884: Queen's 34th Ed. Catalogue

It's helpful to examine the range of Platinum prices, from ore to manufactured retail. Manufacturing & trade costs illustrate a 300-400% price difference between domestic platina and refined Platinum.
 
1883: 1 Troy Oz Platinum (Refined, Wholesale, Import) = USD$ 6.50 - 7.50
1883: 1 Troy Oz Platinum (Semi-Mfg, Import Whols.) = USD$ 8.

Early 1884: 1 Troy Oz. Platinum (UK: Scrap, Bought) = USD$ 4.86 (£ 1.00) 
1884: 1 Troy Oz. Platinum (Bullman: J-M US Trade) = USD$ 7.40 (£1.53)
 
1884: 1 Troy Oz Platinum (Mfg, Whols./Import) = USD$ 7.50 - 8.50
1884: 1 Troy Oz Platinum (Mfg, Whols.) = USD$ 10.89 - 14.
1884: 1 Troy Oz "Platinum" (Whols/Import Mkt: all types) = USD$ 8. - 12.

1882-4: 1 Troy Oz platina (NY Mkt: US/Cdn ore) = USD$ 3.


1885: 1 Troy Oz. platina (CA Spot, ~50% ore) = as low as USD$ 0.75

1885: 1 Troy Oz. platina (CA Spot, intrinsic) = USD$ 1.50

1886: 1 Troy Oz. platina (NYC: US ore, ~50%) = $ 2.

1886: 1 Troy Oz. platina (NYC: US ore, intrinsic) = $ 4.
1886: 1 Troy Oz. platina (US ore, 70%) = $ 4.50


1863: 1 Troy Oz. Platinum (Rouble Coin; intrinsic value?)  = $ 3.10
1882: 1 Troy Oz. Platinum (Scrap, Bid: Low) = USD$ 5.1882: 1 Troy Oz. Platinum (Rouble Coin; Numismatic/Proof)  = $ 15.71
  
Charles Steigerwalt, well-known coin dealer of Lancaster, PA publishing a coin newsletter, offered an uncirculated 1828 3-Rouble for $3.  Assuming 10.10 g. Fine Pt:


March 1884: 1 Troy Oz. Platinum (Rouble Coin; Numismatic/Uncirc.)  = $ 9.24 

Citation: Steigerwalt's Coin Journal: A Bi-monthly Magazine, Vol. 1, No. 5, p.120



1884: 1 Troy Oz "Platinum" (Mkt: Popular Quote) = USD$ 8. - 12.
 


Assuming .500 Pt, 

1885: 1 Troy Oz Platinum (Intrinsic, Bid) = USD$ 1.50


Citation: Mineral resources of the United States, Vol. 2 (1886) p.577







Citation: Chemical news and journal of industrial science, Vol. 54  Sir William Crookes.. (1886) p.310




1884: 1 Troy Oz "Platinum" (Whols/Import Mkt: all types) = USD$ 8. - 12.

c. April 1884





June, 1884:

1884: 1 Troy Oz Platinum (Semi-Mfg, Whols.) ~ USD$ 8.
 
Citation: Photography, Vol.1 (June, 1884) p.59



Citation: Engineering and mining journal, Volume 39 ... (1885) p.278

1883: February & May Prices ($8.30 & $8. ?)



Queen's Catalogue:


1884: 1 Troy Oz Platinum (Semi-Mfg, Whols.) = USD$ 10.89


Citation: Priced and illustrated catalogue of physical instruments / Chemicals and chemical apparatus and school apparatus generally; James W. Queen & Company 34th Ed. 1884













1885?: Platinum foil was $.40 per square inch (for a 1"x1.5" Platinum foil)

Citation: The elements of chemistry: A text-book for beginners, Ira Remsen (1886)

Citation: Engineering and mining journal, Vol. 39 ... (1885) p.278

1884:
Citation: Photography, Volume 1 (1884) p.59

1884: 1 Troy Oz Iridium (refined) ~ USD$ 20.

Citation: Engineering and mining journal, Vol. 39 ... (1885)








Platinum slag in NY Assay Office, ~15 Ozt per Year.




US Imports:
 


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