August 1, 2010

UK, 1895: Palladium Ingot Price

DSQ


1894: 1 Troy Ounce Platinum (manufactured, retail ) = £ 2. (USD$ 9.78)

1895: 1 Troy Ounce Platinum (Russian ingot, 85%) = £ 1.40 (USD$ 6.84)


1895: 1 Troy Ounce Palladium = £ 7. (USD$ 34.23)



1895:
 

Australia:

Where 1 Troy Ounce of Broken Hill/Fitfield platina was 76.9% Pt, refiners also retained at no cost to them any residual PGM: ~1 gram Ir, 2.3 g Os, 0.4 g Rh.  Trade value of PGMs deducts from refiners' cost or adds to profit, accordingly.

Assuming 76.90% Pt ore, w/ 5% Shipping and £ 0.0625 Refining Cost @ London:


1895: 1 Ozt. platina (UK: NSW.769) = £ 1.15

1895: 1 Ozt. platina (UK: NSW.769, net S/H) = £ 1.093
1895: 1 Ozt. Pt (UK: NSW.999) = £ 1.42
1895: 1 Ozt. Platinum (UK: NSW.999, net S/H, refined) = £ 1.483

1895: 1 Ozt. Platinum (Producer Cost: NSW Ore, Ref.) ~ £ 1.5580

1895: 1 Ozt. platina (UK: NSW, PGMs)



 

Citation: Engineering and Mining Journal, Vol. 61 2/22/1896  p.182


Price implied is ~ 23 s. 6d., old price.  
1895: 1 Ozt. platina (UK: NSW ~.75) ~ £ 1.174 (USD$ 5.75)
1895: 1 Ozt. Pt (UK: NSW, .999) ~ £ 1.564 (USD$ 7.76)

Citation: Annual Reports of the Department of the Interior... US Department of the Interior p.281





3/9/1895:




May 3, 1895:




7/1895: 1 Ozt. Platinum (London Ingot, Bulk) = £  2.2750  (USD$ 11.16)  



9/1895: 1 Ozt. Platinum (London Ingot, Bulk) = £  2.3250  (USD$ 11.39)




11/1895: 1 Troy Ounce Platinum = £  - (USD$ ) 
 

Late December 1895:

12/1895: 1 Troy Ounce Platinum = £ 2.40 -2.50 (USD$ )

No comments:

Post a Comment