November 20, 2010

USA, 1892: Retail Cost (Reference)

1892: 1 Troy Ounce platina (Colombia: Ore, Export) ~USD$ 12.90
1892: 1 Troy Oz. Pt (Colombia: Ore, .999) =~USD$ 15.63  

Retail receipts for refined Platinum products most nearly approximate retail investor cost.  Price comparisons in relation to this 1892 NYC Importers' Catalogue indicate the retail cost was ~33% higher than wholesale products in the same year.

Where "2 Plain Crucibles, 15 cc 34.4 gms" weighed 17.2 g./ea., and "4 Crucibles platinum, 15 cc, plain, 11.15 gms" weighed 11.15 g./ea., the difference 6.06 g ought to be the Cover.; consistent with Catalogue explanations, the Cover ought to be ~35% of the total weight.

 Where Platinum Crucibles cost $0.65/Gram:
1892: 1 Ozt. Platinum (Mfg, Ret.) = USD$ 20.22 

1892: 1 Troy Ounce platina (Ore, Retail) = USD$ 16.46
 

1892: 1 Ozt. Platinum (Scrap, Ret.) = USD$ 15.55
1892: 1 Ozt. Platinum (Foil: Semi-Mfg, Ret.) = USD$ 18.66
1892: 1 Ozt. Platinum (Mfg, Ret.) = USD$ 20.22 - 27.90

Citation: Report, Issues 19-40 ; University of Minnesota. Agricultural Experiment Station (1892) p.29


Citation: Catalogue of minerals and mineralogical books, Albert E. Foote (1892) p.21


This estimation is correct almost to the penny.



c.1892:



1892: 1 Troy Ounce Platinum (Market) = USD$ 18.66

April, 1892:


Late 1892: 1 Troy Oz. Chlor-platinate Salt (Ret.) = USD$ 20. - 30.
Late 1892: 1 Troy Oz. Pt Sponge (incorrect assumed retail!) = USD$ 5.

Citation: The American Amateur Photographer, Vol. 5 No.2 (Feb. 1893) p.55




Late 1892: 1 Troy Oz. Platinum (Common Price) = USD$ 10. - 13.

Citation: The American Amateur Photographer, Vol. 5 No.3




1892: Canadian accounts
Platinum Wire, Extra-Fine USD$ 0.01/Ft
Platinum Wire, Fine USD$ 0.06/Ft
Wire & Foil, presumed 1 Ozt

1892: 1 Ozt. Platinum (Foil: Semi-Mfg, Ret.) = USD$ 19.22
 






Citation: Mines and quarries - 1902 ; William Mott Steuart, Census Office, 12th census (1900)



1891/2: 1 Troy Oz. Platinum (Canadian ore, 57%) = USD$ 5.50
1892: 1 Troy Oz. Platinum (Canadian ore, intrinsic) = USD$ 10.46



1892: 1 Troy Oz. platina (Ore, at NYC) = USD$ 6.875



Where 32.81 Troy Ounces was worth "nearly $300"
1892: 1 Troy Oz. Platinum (intrinsic) ~ USD$ 9.46

Citation: Journal of the Society of Chemical Industry, Vol. 11 6/30/1892

 
 

1891


Half-Eagle ($5) Counterfeit, 131 Grains: filled with Platinum (1870s?)

 

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