June 14, 2012

USA, 1906: US Monthly Prices, Russian Platina High

New York Monthly Prices & Scrap Rate


1906: 1 Troy Ounce Platinum (Refined, Spot) = USD$ 28.21
1906: 1 Troy Oz. Platinum (Bid: Scrap) = USD$ 22.

Citation: The Mineral Industry, Vol. 15 (1906) p.653


Where Platinum Foil was sold at $10./oz, an Ounce of Platinum Chloride was nearly double the price.  But these trade prices seem impossibly low, half the market-price for Platinum ingot and below the Russian source prices.

November, 1906: 1 Troy Oz. Platinum (Semi-Mfg, Foil, 50%?) = USD$ 10. -16.
November, 1906: 1 Troy Oz. Platinum Chloride (PtCl2, 29%? Ret.) = USD$ 18.50


Citation: Prices Current, Drugs Chemicals & Oils; Fuller & Fuller Co., Chicago (Nov. 1906)
 


 





1906-08:

Citation: The Mineral Industry, Vol. 17 (1912) p.711

 
June/July, 1906:

June-July, 1906: 1 Troy Oz. Platinum (85%, NY Spot) = USD$ 25.50 - 26. 
June-July, 1906: 1 Troy Oz. Platinum ('hard' ingot, NY Spot) = USD$ 27.50 - 28.
June-July, 1906: 1 Troy Oz. Platinum (Scrap, NY Spot) = USD$ 18.50 - 20.


Citation: Electrical Review, Vol. 51 11/23/1907:



1906: 1 Troy Oz. platina (Russian ore, Spot) = USD$ 17.04 - 33.25
1906: 1 Troy Oz. Platinum (85% ingot, NY Spot) = USD$ 20.50 - 38.

September 1906: 1 Troy Oz. Platinum = USD$ 34.
1906 (?): 1 Troy Oz. Osmium = USD$ 21.

Citation: Tables of Minerals: Including the Uses of Minerals and Statistics... Samuel Lewis Penfield




October, 1906: 1 Troy Oz. Platinum (refined, semi-mfg, whols.) = £ 9.39 (USD$ 45.55)

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

The intrinsic value of the US Silver Dollar was only worth about $ 0.50 in New York & London.

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