January 31, 2011

UK, 1871: Louis Casella Catalogue

1871: 1 Troy Oz. Platinum (semi-mfg.& mfg.) ~ £ 1.65 (USD$ 9.0)
1871: 1 Troy Oz. Silver (pure, retail?) ~ £ 0.37 (USD$ 2.05)

Where catalogue prices show stable pricing 1865-71, retail Platinum prices were probably likewise. Casella's
Platinum capsules were otherwise known as "covers," priced by size elsewhere, as in Griffin's 1866 Catalogue; see p.186. Comparison illustrates similar prices at these two vendors in different years. (Casella's Grove's Battery was 20% more expensive, however.) Variation in prices among vendors/by location was probably significant, here.



1866: 0.25" = 9 d. ; 1871: 0.25" = 15 d.
1866: 0.38" = 20 d. ; 1871: 0.38" = 21 d.
1866: 0.5" = 2 s. ; 1871: 0.5" = 2 s. 6 d.
1866: 0.75" ~ 3 s. 6 d. ; 1871: 0.75" = 4 s.
1866: 1.0" ~ 5 s. ; 1871: 1.0" = 4 s.
Pure Silver was 49% higher than Spot or Market.









1871: Undetermined Platinum (mfg: Gramme Weight Set), £ 1.50 (USD$ 8.19)

1870-72: According to this estimate, 200 Troy Ounces 300.) might additionally entail recycling cost two-thirds the total Platinum value (4 x £ 50. = £ 200.) with the heaviest usage.

Presumably, the scrap-value was very poor and wholesale prices were charged for 'new' or the Platinum loss was very great.

1872: 1 Troy Oz. Platinum (Mfg., Whols.?) = £ 1.60 ($ 7.80 ; USD$ 8.94)
1871: 1 Troy Oz. Platinum (Mfg., Whols.?) = £ 1.60 ($ 7.80 ; USD$ 8.74)
1872: 1 Troy Oz. Platinum (Mfg., Whols.?) = £ 1.60 ($ 7.80 ; USD$ 8.72)

c.1871:



1872: 1 Troy Oz. Silver (Mfg., 2nd Hand) = £ 0.3313

 





January 30, 2011

UK, 1887

Reference Search: Negretti & Zambra Catalogue 1887

French Delplace Platinum Boiler, £ 3,000.

 

1887: 1 Troy Ounce platina (Russian export, ~74.8%) = £ 0.8415
1887: 1 Troy Oz Pt (Russian export, .999) = £ 1.125

1887: 1 Troy Oz. Platinum (USA: UK Imp., J-M. Semi-Mfg) = £ 1.40 (USD$ 6.81
Summer, 1887: 1 Troy Oz. Platinum (USA: Import, Mkt.) = £ 1.545 - £ 1.55
1887: 1 Troy Oz. Platinum (USA: Mkt/Semi-Mfg, Wire) ~ £ 1.606


1887: 1 Troy Ounce Platinum (Semi-Mfg, Trade/Ret.)  ~ £ 1.75
1887: 1 Troy Oz. platina (London: Intrinsic, Retail) ~ £ 1.75 - £ 2. (USD$ 8.55 - 9.70)
 
c. 1886/7: 1 Troy Oz. Platinum (manufactured, retail) ~ £ 1.94 (USD$ 9.44)

Perhaps c. 1886/7? A 'normal price' (UK retail, prior to the rise in 1889) Platinumware cost  about 38s./Ozt. or USD$ 9.50/Ozt.

Citation: Report by British Association for the Advancement of Science (1891) p.309




circa 1887, but dubious/dated:



Australia, NSW: Fitfield, Broken Hill platina discovery

Mid 1889 price quote, for refined metal at London:

1887?: 1 Ozt. Platinum (UK, Mkt) = £ 1.40 (USD$ 6.81)

1888: 1 Ozt. Platinum (UK, Mkt) = £ 1.45
Mid-1889: 1 Ozt. Platinum (UK, Mkt) = £ 1.50 (USD$ 7.31)

Citation: Records of the Geological Survey of New South Wales, Volumes 5-6; Geological Survey of New South Wales (1892) p.34





 Citation: Annual Report; New South Wales. Dept. of Mines (1890) p.208


Where 1 Troy Ounce of Broken Hill/Fitfield platina was 76.9% Pt, refiners retained (at no cost to them, no benefit to miners) 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 5% Shipping and £ 0.0625 Refining Cost:

Osmiridium: ?
Iridosmine: 58% Ir, 33.5% Os

Citation: Annual Report; New South Wales. Dept. of Mines 6/25/1891







1920s:






1887: 1 Ozt platina (Ural Spot, .90) = £ 0.80
1887: 1 Ozt Pt (Ural Production Cost) = £ 0.3583
1887: 1 Ozt Pt (Russian export, .999) = £ 0.89

Citation: Minutes of Proceedings of the Institution of Civil Engineers, Vol. 105; Institution of Civil Engineers () p.396





January 23, 2011

USA, 1902: Manufacturers' Prices

Catalogue prices were wholesale, and manufacturers' catalogue prices may be considered 'market' but not retail. Ingots were ~80% Platinum, and the market prices were quoted above $19. throughout 1902.

May 1901: 1 Troy Ounce Platinum (ingot) = USD$ 36.
1902: 1 Troy Ounce Platinum (ingot) = USD$ 18. - 19.

1902: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 14.12
1902: 1 Troy Ounce platina (Russian ingot, 85%, NY Spot) = USD$ 18.
1902: 1 Troy Ounce Platinum (manufactured, whols.) = USD$ 18.66 - 27.99
1902: 1 Troy Ounce Platinum (manufactured, retail) = USD$ 25.50
1902: 1 Troy Ounce Platinum (semi-mfg, Trade) = USD$ 27.50


 
January, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 25.505
February, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 25.505
March, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 25.505
April, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 25.505
May, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 25.505
June, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 23.639
July, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 23.02
August, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 23.02
September, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 23.02
October, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 23.02   November, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 23.02
December, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$ 22.55

January, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 20.84
February, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 20.84
March, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 20.84
April, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 20.84
May, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 20.84
June, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 18.97
July, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 18.35
August, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 18.20
September, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 18.20
October, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 18.20  November, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 18.20
December, 1902: 1 Ozt Platinum (Semi-Mfg, whols.) = USD$ 17.88


 
 

Citation: Contributions from the Geological Department of Columbia..., Vol. 10, No 81; Columbia University. Dept. of Geology (1902/3) p.8




January, 1902: 1 Ozt Platinum (Mfg, whols.) = USD$25.505

1902:






Citation:Mines and quarries 1900; Census Office. 12th census, 1902 p.662 



Citation: The Dental Cosmos: a Monthly Record of Dental Science (June 1902) p.18


Late, 1902: 1 Troy Oz. Platinum (ingot, mkt) = USD$ 22.
Late, 1902: 1 Troy Oz. Gold= USD$ 20.80
Late, 1902: 1 Troy Oz. Silver = USD$ 0.333

1895: 1 Troy Oz. Platinum (ingot, mkt) = USD$ 11.

December, 1902: Jarman's "The Saving of Platinum Wastes" 

Citation: Wilson's Photographic Magazine, Vol. 40 Jan. 1903 No.553


1901-14: Spot Prices for Russian platina, in Russia

1902: 1 Troy Oz. platina (Russian ore, Spot) = USD$ 14.12 - 15.55

Citation: Bulletin of the Pan American Union, Vol. 45 (1917) p.618


1902/3:





1899?: 1 Troy Oz. platina (Russian ore, Spot) = USD$ 10.70
1900: 1 Troy Oz. platina (Russian ore, Spot) = USD$ 12.10


1901: 1 Troy Oz. platina (Russian ore, Spot) = USD$ 14.09 - 15.55




Unknown Date:




1902: Platinum Scrap sold (1901 rate?)

1902: 1 Troy Oz. Platinum (Scrap, Retail) = USD$ 21.77


Citation: Illustrated wholesale catalogue with prices current of chemical & physical ... Eimer & Amend


1902: 1 Troy Oz. platina (US ore, Spot) = USD$ 19.30




1902: USA Import
 

USA, 1901

1901: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 14.12
1901: 1 Troy Ounce Platinum (ingot) = USD$ 18.20 - 21.
1901: 1 Troy Ounce Platinum (refined) = USD$ 24.88
May, 1901: 1 Troy Ounce Platinum (mfg) = USD$ 36. HIGH
Sept, 1901: 1 Troy Ounce Platinum (mfg) = USD$ 21.77

1901: 1 Troy Ounce Osmiridium (ore) = USD$ 6. - 10.
1901: 1 Troy Ounce Osmium (refined) = USD$ 62.20
1901: 1 Troy Ounce Iridium (refined) = USD$ 62.20


Denver price, Manufactured Platinum per gramme:

July, 1901: 1 Ozt. Platinum (Denver: Mfg) = USD$ 23.95

Citation: Mining Reporter, Vol. 44 (8/22/1901) p.144



1901, 1902:

Citation: Congressional serial set, Issue 4718 By US Government Printing Office p.242



Citation: Syllabus of a course of lectures on economic geology; John Casper Branner




Late 1901?




1901-14: Spot Prices for Russian platina, in Russia

1901: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 14.12

Citation: Bulletin of the Pan American Union, Vol. 45 (1917) p.618


Commodity observations, from French sources (1903):

1901: 1 Troy Oz. platina (Paris: Russian, contract) = USD$ 14.09 - 15.55

January 22, 2011

USA, 1900: PGM Prices, Cited by Colorado Assayist

1/4/1900:

1900: 1 Troy Ounce platina (SF: Ore, Spot) = USD$ 14.00

Citation: Mining and Scientific Press, Vol. 79-80 1/6/1900 p.17



The sudden rise of Platinum must have alarmed many dentists and suppliers, but the spread between wholesale product was significant. On 1900, Platinum was about 36% more expensive than Gold and 3,058% more expensive than Silver.

1900: 1 Troy Ounce Platinum (NYC: Imported Ore, Spot) = USD$ 18.09

Citation: Engineering and Mining Journal, Vol. 112, #12 ; American Institute of Mining Engineers (1921), p.478


1900: 1 Troy Oz. platina (NYC: Imported Ore, Spot) = USD$ 18.35
1900: 1 Troy Oz. Platinum (NYC: Refined, Avg.) = USD$ 21.77
1900: 1 Troy Oz. Platinum (Trade: Mfg.) = USD$ 23.15

1900: 1 Troy Oz. Platinum (Trade: Bid, Scrap) = USD$ 15.

1900: 1 Troy Oz. Platinum (Trade: Dental, Mfg.) ~ USD$ 22.
1900: 1 Troy Oz. Platinum (Trade: Dental, Mfg.) ~ USD$ 30.

??: 1 Troy Oz. Platinum (SF, Trade: Semi-Mfg.) = USD$ 14.00
 April? 1900: 1 Troy Oz. Platinum (SF, Trade: Semi-Mfg.) = USD$ 24.88

c. April, 1900:

Citation: In Yellowest Jaunia and the Way Out: Or, "Sound Money" Versus Self Money; Alfred Emerson (1901) p.20








Citation: The Dental Cosmos, Edward C. Kirk, 1900, p.5



In 2010, Platinum (POP avg $ 1,609.) was +31% more than Gold (POG avg $ 1,225.) and +7,945% more than Silver (POP avg $ 20.)

As a reference, Scientific American reprinted data in 1903, apparently from the same news source, with other metals and including some German prices in USD$ (below.)

1900: 1 Troy Oz. Platinum
(NYC: Imported Ingot, Spot) = USD$ 18.50
1900: 1 Troy Oz. Platinum (NYC: Imported Mfg, Whols.) = USD$ 22.39
1900: 1 Troy Oz. Palladium (Semi-Mfg, mkt) = USD$ 46.65
1900: 1 Troy Oz. Iridium (Ore) = USD$ 15.55
1900: 1 Troy Oz. Iridium (Refined) = USD$ 33.28
1900: 1 Troy Oz. Osmium (Refined, Mkt) = USD$ 62.20
1900: 1 Troy Oz. Rhodium (Refined, Mkt) = USD$ 101.08
1900: 1 Troy Oz. Ruthenium (Refined, Mkt) = USD$49.76

Citation: Analysis, detection and commercial value of the rare metals: A treatise ... Julius Ohly (1903) pp.58, 80





In San Francisco, the refined Platinum price had nearly doubled in 1900.


1898/9: 1 Troy Oz. Platinum (semi-mfg, SF mkt) = USD$ 14.
Early 1900: 1 Troy Oz. Platinum (CA: semi-mfg, trade) = USD$ 24.88

Citation: In yellowest jaunia and the way out: or, "Sound money" versus self money ;  Alfred Emerson p.21 
 


Citation: Scientific American reference book (1903) pp.447-8




1900-1:

1900:

1900: 1 Troy Oz. platina (US ore, NYC Spot: intrinsic?) = USD$ 18.00


Citation: The Mineral Industry, Vol. 9 p.5

Edison's Lamp Filament 3.47 Grains Troy