March 21, 2014

Australia, 1897


1897: 1 Troy Ounce Platinum (UK: Mkt, Refined) = £ 2.75 (USD$ 13.37) 

 
 Where Australia produced 1,966 Ozt  (61.15 Kgs) worth £2,949

1897: 1 Troy Ounce Platinum (Australia: Ore, Spot) = £ 1.50

Citation: Annual Report - New South Wales Department of Mines (1896-8) p.69

 

 
1897: 1 Troy Ounce Platinum (Australia: Spot, .999) = £ 1.75 - 2. 
1897: 1 Troy Ounce Platinum (Australia: ore 70% - 85% ) = £ 1.40 - 1.50
 

 

Australia:

Assuming 76.90% Pt ore, w/ 5% Shipping and £ 0.0625 Refining Cost @ London:

1897: 1 Ozt. platina (UK: NSW.769) = £ 1.
1897: 1 Ozt. platina (UK: NSW.769, net S/H) ~ £ 1.
1897: 1 Ozt. Pt (UK: NSW.999) = £ 1.
1897: 1 Ozt. Platinum (UK: NSW.999, net S/H, refined) = £ 1.

189: 1 Ozt. Platinum (Producer Cost: NSW Ore, Ref.) ~ £ 1.


 








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