July 29, 2010

USA, 1892: Metal Prices

Jan. 1892: 1 Troy Ounce Platinum (NYC: Mkt, Bulk)= USD$ 10.50
Mar. 1892: 1 Troy Ounce Platinum (NYC: Mkt, Bulk)= USD$ 9.





In April 1892, George Woodside's 1814 Half-Dollar was sold for $21., about 3x the contemporary Intrinsic Value.

It was sold for USD$ 138,000. on 8/12/2011. The 2011 sale represents a numismatic premium of 7,961% over the Intrinsic Spot (Pt @ USD$ 1,800; Ag @ USD$ 38.29 = $ 1,712) or ~ 6,763% over the analogous US PM retail from the US mint for 95% Pt/5% Ag Coin Per Ozt, mid-August 2011.

1891/2: 1 Troy Ounce Platinum (Coin, Numismatic)= USD$ 30.87





1891/2: 1 Troy Ounce Platinum (Canadian ore)= USD$ 5.50

c. March 1892




The Silver Price is the 1892 Price, in a decade when Silver was falling.

1892: 1 Troy Ounce Platinum (Mkt.)= USD$ 10.29
1892: 1 Troy Oz. Osmium (Mkt.) = USD$ 20.58
1892: 1 Troy Oz. Palladium (Mk.) = USD$ 46.64
1892: 1 Troy Oz. Ruthenium (mkt.) = USD$ 171.47
1892: 1 Troy Oz. Rhodium (Mkt.) = USD$ 171.47 


Citation: Chemists ̓pocket-book of ready reference ... (1892) p.96




 


These lists circulated, became out-of-date, lacked any reference beyond hearsay, and therefore offer little certain accuracy.

c.1892:




No comments:

Post a Comment