October 1907: 1 Troy Ounce Platinum (NYC: Bulk Ingot, Whols.) = USD$ 27.125
October 1907: 1 Troy Oz. Platinum (NYC: Scrap, Bid) = USD$ 21.25
October 1907: 1 Troy Ounce Platinum (Semi-Mfg: Foil, Trade) = USD$ 62.40
October 1907: 1 Troy Oz. Platinum Chloride (PtCl2, Trade) = USD$ 25.60
October 1907:
1906-08:
Citation: The Mineral Industry, Vol. 17 (1912) p.711
January, 1907: 1 Troy Ounce Platinum (mkt) = USD$ 38.
February, 1907: 1 Troy Oz. 'Hard' Platinum (mkt) = USD$ 41.
December, 1907: 1 Troy Oz. Platinum (mkt) = USD$ 26.50
December, 1907: 1 Troy Oz. 'Hard' Platinum (mkt) = USD$ 29.
Citation: The Engineering and Mining Journal Vol 89 No. 1 (1910) p.1025
January, 1907:
Citation: Camera Magazine, Vol. 11 No. 2, 1/1907, p.42
1906-7 Price Spike:
Citation: Mining American, Vol. 56, 11/14/1907 p.449
Although the earlier date is unknown, a low USD$ retail price strongly implies the late 1860s (See Here.) From 1867-1907, the retail price of Platinum rose +795%.
In the same 40 years, the market price of US Silver had fallen -50.89% and British Silver fell -50.15%. During this period, the Market Price for US Gold also fell -25.09% (the British Market Price was unchanged.)
Also, the US Consumer Price Index had fallen -36.50% (in the four worst & consecutive decades of US deflation) so Platinum proved a superior long term deflationary hedge.
1867:
October 1907: 1 Troy Oz. Platinum (NYC: Scrap, Bid) = USD$ 21.25
October 1907: 1 Troy Ounce Platinum (Semi-Mfg: Foil, Trade) = USD$ 62.40
October 1907: 1 Troy Oz. Platinum Chloride (PtCl2, Trade) = USD$ 25.60
October 1907:
1906-08:
Citation: The Mineral Industry, Vol. 17 (1912) p.711
January, 1907: 1 Troy Ounce Platinum (mkt) = USD$ 38.
February, 1907: 1 Troy Oz. 'Hard' Platinum (mkt) = USD$ 41.
December, 1907: 1 Troy Oz. Platinum (mkt) = USD$ 26.50
December, 1907: 1 Troy Oz. 'Hard' Platinum (mkt) = USD$ 29.
Citation: The Engineering and Mining Journal Vol 89 No. 1 (1910) p.1025
January, 1907:
Citation: Camera Magazine, Vol. 11 No. 2, 1/1907, p.42
1906-7 Price Spike:
Citation: Mining American, Vol. 56, 11/14/1907 p.449
Although the earlier date is unknown, a low USD$ retail price strongly implies the late 1860s (See Here.) From 1867-1907, the retail price of Platinum rose +795%.
In the same 40 years, the market price of US Silver had fallen -50.89% and British Silver fell -50.15%. During this period, the Market Price for US Gold also fell -25.09% (the British Market Price was unchanged.)
Also, the US Consumer Price Index had fallen -36.50% (in the four worst & consecutive decades of US deflation) so Platinum proved a superior long term deflationary hedge.
1867:
c.1867/8?: 1 Troy Oz. Platinum (refined, manufactured, retail) = USD$ 6.56*
January 1907: 1 Troy Ounce Platinum (refined, mkt) = USD$ 42.50
January 1907: 1 Troy Ounce Platinum (scrap) = USD$ 32.50
1907/8: 1 Troy Ounce Platinum (semi-mfg, whols.) = USD$ 35.
Circa October 1907??
March 1907 journal reprint, likely January 1907 prices:
Citation: Wilson's Photographic Magazine, Vol. 44 (1907) p.137
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