Dr. Wollaston's commercial production coincided with and probably supported a very stable period in platina prices. John Johnson's platina sale to Wollaston started in December 1806, with large lot sales (1,000 - 1,750 ozt) in 1808.
Of 7,015 Ozt platina processed 1800-1806, Wollaston produced 5,350 Ozt Platinum: the ore was ~76.27% Pt.
Wollaston assumed Johnson purchased 1 Libra for S$ 6. silver; at 1806 forex on New Dollars:
1806: 1 Troy Ounce platina (Importer's Cost, 76.3% ore) = £ 0.0975 - 0.1063
1806: 1 Troy Oz Pt (Importer's Cost, .999) = £ 0.1278 - 0.1394
1806: 1 Troy Oz Pt (Wollaston's Labor, Per Ozt) = £ 0.10
1806: 1 Troy Oz Platinum (Wollaston's Cost Basis, .999) = £ 0.2278 - 0.2394
At English Retail, 1 Libra cost ~£ 4. (S$ 17.59 - 17.85)
1806: 1 Troy Ounce platina (76.3% ore, retail) = £ 0.2743 (USD$ 1.22)
1806: 1 Troy Oz .999 Pt (Ore at Purity) = £ 0.3596 (USD$ 1.60)
1806: 1 Troy Oz Pt (Labor Cost, Sheet) = £ 0.0875 (USD$ 0.39)
1806: 1 Troy Oz Platinum (Producer Cost, Sheet) = £ 0.4471 (USD$ 1.99)
1806: 1 Troy Oz Silver (Fine Ag, retail) = £ 0.3161 (USD$ 1.406)
Of 7,015 Ozt platina processed 1800-1806, Wollaston produced 5,350 Ozt Platinum: the ore was ~76.27% Pt.
Wollaston assumed Johnson purchased 1 Libra for S$ 6. silver; at 1806 forex on New Dollars:
1806: 1 Troy Ounce platina (Importer's Cost, 76.3% ore) = £ 0.0975 - 0.1063
1806: 1 Troy Oz Pt (Importer's Cost, .999) = £ 0.1278 - 0.1394
1806: 1 Troy Oz Pt (Wollaston's Labor, Per Ozt) = £ 0.10
1806: 1 Troy Oz Platinum (Wollaston's Cost Basis, .999) = £ 0.2278 - 0.2394
At English Retail, 1 Libra cost ~£ 4. (S$ 17.59 - 17.85)
1806: 1 Troy Ounce platina (76.3% ore, retail) = £ 0.2743 (USD$ 1.22)
1806: 1 Troy Oz .999 Pt (Ore at Purity) = £ 0.3596 (USD$ 1.60)
1806: 1 Troy Oz Pt (Labor Cost, Sheet) = £ 0.0875 (USD$ 0.39)
1806: 1 Troy Oz Platinum (Producer Cost, Sheet) = £ 0.4471 (USD$ 1.99)
1806: 1 Troy Oz Silver (Fine Ag, retail) = £ 0.3161 (USD$ 1.406)
1805: 1 Troy Ounce platina (Wollaston: ore, bulk) = £ 0.23 (USD$ 0.98)
Where 2.28 Ozt cost £ 0.625:
1806:Where 2.28 Ozt cost £ 0.625:
Citation: The Technical repository, Edit.Thomas Gill (patent-agent) p.124
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