Citation: Congressional Edition, Vol. 2775
No contemporaries bothered to record/detail the 1890 Platinum Price Bubble in the US market, but two sources attempted to chart the dramatic price moves in Marks (Platinum) and Shilling (Ore.)
Refined Platinum on the German market:
Citation: Chemist & Druggist, Vol. 40 (4/16/1892) p.566
Citation: The Electrical Engineer, Vol. 15, No. 254, 3/15/1893 p.268
January, 1890: 1 Ozt. Platinum (mkt) = USD$ 8.
May, 1890: 1 Ozt. Platinum (mkt) = USD$ 11.50
June, 1890: 1 Ozt. Platinum (mkt) = USD$ 13.
Late October, 1890: 1 Ozt. Platinum (mkt) ~ USD$ 25.
January 11, 1890:
Citation: Engineering and Mining Journal, 1/11/90; Vol. 49-50, p.77
March, 1890: In Philadelphia chemists' circulars, sharply advancing prices (and scarcity) in photographers' platino-salts was noted by early March, 1890. By allusion, the early advance to occurred in sometime in January.
April 12, 1890:
Citation: Engineering and Mining Journal, 4/12/90; Vol. 49-50, p.440
Mid-May, 1890:
Citation: Western Electrician 5/24/90; p.292
May 1890: 1 Ozt. Platinum (Numismatic) = USD$ 35.77 (£ 7.34)
May 1890: Est. 33.9 g Platinum Medal (Numismatic) = USD$ 39. (£ 8.)
July 12, 1890:
Citation: Anthony's Photographic Bulletin, Vol. 21, No.13. 7/12/1890; p.390
c.August, 1890: 1 Ozt. Platinum (Semi-Mfg, Trade) = USD$ 19.20
Citation: Price list of physicians' supplies [manufactured by] Chas. Truax & Co. (1890) p.113
June, 1890: 1 Ozt. Platinum (mkt) = USD$ 13.
Late October, 1890: 1 Ozt. Platinum (mkt) ~ USD$ 25.
January 11, 1890:
Citation: Engineering and Mining Journal, 1/11/90; Vol. 49-50, p.77
March, 1890: In Philadelphia chemists' circulars, sharply advancing prices (and scarcity) in photographers' platino-salts was noted by early March, 1890. By allusion, the early advance to occurred in sometime in January.
April 12, 1890:
Citation: Engineering and Mining Journal, 4/12/90; Vol. 49-50, p.440
Mid-May, 1890:
Citation: Western Electrician 5/24/90; p.292
May 1890: 1 Ozt. Platinum (Numismatic) = USD$ 35.77 (£ 7.34)
May 1890: Est. 33.9 g Platinum Medal (Numismatic) = USD$ 39. (£ 8.)
July 12, 1890:
Citation: Anthony's Photographic Bulletin, Vol. 21, No.13. 7/12/1890; p.390
c.August, 1890: 1 Ozt. Platinum (Semi-Mfg, Trade) = USD$ 19.20
Citation: Price list of physicians' supplies [manufactured by] Chas. Truax & Co. (1890) p.113
July, 1890: Erroneous, old price
October 6, 1890:
Citation: Engineering and Mining Journal, 10/6/90; Vol. 49-50, p.469
Citation: Engineering and Mining Journal, 10/11/90; p.434
December, 1890: 1 Troy Ounce Platinum (Semi-Mfg, whols.) ~ USD$ 9.
c.September, 1890: 1 Troy Ounce Platinum (Semi-Mfg, whols.) = USD$ 20.
c. 10/1/1890:
Late October, 1890: Platinum More Expensive Than Gold!
Citation: Anthony's Photographic Bulletin, Vol. 21, No.21; 11/12/1890; p.648
Late October, 1890: Platinum wire nearly 300% more expensive
Citation: The Telegraphic Journal & Electrical Review, 1890; pp.
November 8, 1890:
Citation: Engineering and Mining Journal, 11/8/90; Vol. 49-50, p.564
December 6, 1890:
Citation: Engineering and Mining Journal, 12/6/90; Vol. 49-50, p.668
December 27, 1890:
Citation: Engineering and Mining Journal, 12/27/90; Vol. 49-50, p.760
USGS briefly summarized the Platinum Spike, 1889-90:
1889-91: Destabilization of the Silver Standard may have encouraged a form of commodity speculation in Russia, particularly for those merchant houses trading heavily with the USA.
1890/1: Base-metals didn't witness a price-hike, either.
The price of Platinum rose dramatically in 1889, evidently an attempt at 'cornering the market.' It was suggested that dental patent holders & manufacturers were the culprits, in the 50% price hike.
1888/9: 1 Troy Ounce Platinum (manufactured, wholesale) ~ USD$ 15.00
1889: 1 Troy Ounce Platinum (manufactured, wholesale) = USD$ 14.- 16.
Citation: The Electrical engineer, Vol. 6 (1890) p.564
Citation: Pacific Coast Dentist, Vol. 2, Southern California Dental Association (1893) p.130
May 1890: 1 Troy Ounce Pt (Source) = USD$ 11.50
Citation: Western Electrician, Vol. 6 5/24/1890 p.292
Early 1890: 1 Troy Ounce Platinum (mkt) = USD$ 17.
c. mid-1890:
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