August 25, 2013

UK, 1898: Numismatic value of Early 19th C. Russian Coin & Medal

DSQ

1898: 1 Troy Oz. Platinum (NYC: Ingot, Mkt Avg.) = £ 2.64 (USD$ 12.79)


August 1898: 1 Troy Oz. Platinum (Mkt) = £ 2.50 - 2.80
September 1898: 1 Troy Oz. Platinum (Mkt) = £ 2.80

Citation: The Electrical Review, Vol. 43 pp.



































c.1897/8: 1 Troy Ounce Platinum (Scrap) = £ 1.99 

Citation: The Electrical Journal, Vol. 41 6/3/1898 p.189


1898: 1 Ozt. Platinum (Ingot, Mkt) = £ 3.675
 
Citation: Engineering and Mining Journal, Vol. 83 6/1/1907 p.1040





c. February 1898: Platinum Price Range?


April, 1898: Platinum Still



Where the estimated value of Platinum was half the Price of Dental Gold,


Where the February 1898 estimated value of a 3-Platinum coin (10.35 Grams, .975 Pure Pt) was £ 1.1250

February 1898: 1 Troy Oz. Platinum (Coin, Numismatic) = £ 3.38



1898: 1 Troy Oz. Platinum (Mkt: Intrinsic) = £ 3.0 (USD$ 14.56) 

circa December 31, 1898:




1898: 1 Troy Oz. Platinum (Mkt: Intrinsic) = £ 3.68 (USD$ 17.84) 


 

Factoring London refining cost (£ 0.0625):

1898: 1 Troy Oz. platina (Australia: Ore, 76.9% Pt) = £ 1.6496 (USD$ 8.00)
1898: 1 Ozt. Pt (Australia: NSW Ore, .999 Pt) = £ 2.145 (USD$ 10.40) 
1898: 1 Ozt. Platinum (Australia: NSW Ore, .999 Pt) = £ 2.21 (USD$ 10.70)

Citation: The Wealth and Progress of New South Wales, 1898-9;Sir Timothy Augustine Coghlan  p.389



Dental Platinum Pin weight:  ~0.02274 g. = ~0.351 grain troy

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