Germany, 1872

 1872: 1 Troy Ounce Platinum (Mfg, Bulk) = ℳ  18.66 (USD$ 6.672)

Citation: Handbuch der chemischen Technologie: Neue Folge, Vol. 12;  Georges Lunge et al. (1903) p.785

Russia, 1872

Dated 1872 Correspondence from Johnson and Matthey reveals a contract price of руб Kr.1,800 - 1,900/Poud for the refined Scrap platinum from the Treasury/Mint.

1872: 1 Troy Ounce Platinum (SPb: Bulk Scrap, .980) = 3.4179 руб Kr. (£ ) 
1872: 1 Ozt. Platinum (SPb: Bulk Scrap, .980) = 3.5128 руб Kr. (£ )
1872: 1 Ozt. Platinum (SPb: Bulk Scrap, .980) = 3.6077 руб Kr. (£ ) 
Citation: Journal of the Chemical Society (1885)

Global, 1872: Platinum Stills, Price Rumors

Apparently a translated price (from German, in a British journal) but perhaps of an original FRENCH price? German stills reportedly cost DM 600 per Kilogram in 1872.

1872: 1 Troy Oz. Platinum (mfg, still) ~ £ 0.93; DM 18.66 (USD$ 5.88 - 5.98)
Citation: Chemical news and journal of industrial science, Vol. 26; William Crookes (10/11/1872) p.176


1873: Platinum fell "during the last 15 years" (from 1857.)


April, 1872:
Citation: British Journal of Dental Science, Vol. 15; April 1872, p.235


Citation: The Pharmaceutical journal ...: A weekly record of pharmacy and allied sciences

France, 1872: PGMs (Paris Catalogue: Billaut, Billaudot & Cie Successeurs)

1872:
Platinum Scrap (Bid), Fr. 600./Kg. 
Platinum Producer Spot, Fr. 775./Kg.
Platinum Still, Fr. 825./Kg.
Platinum Intrinsic Retail, Fr. 1,100./Kg. 
Platinum Sheet Retail, Fr. 1,250./Kg. 
Platinum Mfg Retail, Fr. 1,350./Kg.
Platinum Mfg Specialty, Fr. 1,500./Kg.

Late 1872:
Platinum Scrap (Bid), Fr. 700./Kg. 
Platinum Producer Spot, Fr. 875./Kg.
Platinum Still, Fr. 925./Kg.
Platinum Intrinsic Retail, Fr. 1,200./Kg. 
Platinum Sheet Retail, Fr. 1,350./Kg. 
Platinum Mfg Retail, Fr. 1,450./Kg.
Platinum Mfg Specialty, Fr. 1,600./Kg.

  
c.1871/2: 1 Troy Ounce Platinum = Fr 21.77 (USD$ 4.73)
 
Wholesale bulk price, reported c.1874?:


c. March 1872: 1 Troy Oz. Platinum (Refined, Bulk) = Fr 21.77 (USD$ 4.73)
c.March 1872: 1 Troy Oz. Iridium (Refined, Bulk) = Fr 31.103 (USD$ 6.76)
 
c.1872: 1 Troy Oz. Platinum (Mfg, Specialty) = Fr  (USD$ )

Where the Pt-Ir alloy for the Kilogram @ Fr. 730 (intrinsic) and Fr 1,500 manufactured

c. March 1872: 1 Troy Oz. Pt-Ir Alloy (90/10, Intrinsic) = Fr 22.71 (USD$ )
c. March 1872: 1 Troy Oz. Pt-Ir Alloy (Mfg: 90/10 Product) = Fr 46.655 (USD$ )
c. March 1872: 1 Troy Oz. Pt-Ir Labor (Mfg Cost) = Fr 23.95 (USD$ )

Where the Meter was also 90:10 assuming the same labor, @ Fr 4,000. manufactured, should have weighed 2.67 Kilograms (85.74 Ozt.)
 
c. March-December? 1872:

 

Estimated Price, December 1872:



Where 1 Kilogram 90/10 Pt-Ir alloy had an intrinsic cost of Fr 955.
 
1872: 1 Troy Oz. Pt-Ir Alloy (90/10, Intrinsic) = Fr 29.704 (USD$ )

Citation: La nature: revue des sciences et de leurs applications..., Vol 2, No. 51 (5/23/1874) p.398



Citation: Papers relating to the foreign relations of the United States, Part 1; 1/23/1873


German source.  
Early 1872: 1 Troy Oz. Platinum (Paris: Mfg, bulk) Fr 23.33 ($4.49; USD$ 5.07) 




Suspect intrinsic versus manufacturered.

Fifteen years ago, the price of these apparatuses was Fr. 1,200. per kilogr. Platinum and is now decreased to about Fr. 750. per kilogr.

Citation: Jahresbericht uber die Fortschritte der chemischen Technologie..., Vol. 18 (1873)  p.242


Wholesale price, reported c. 1878:


1871: 1 Troy Oz. Platinum (Paris: Mfg, bulk) Fr 23.33 (USD$ )  
August 1872: 1 Troy Oz. Platinum (Paris: Mfg, bulk) Fr 25.66 (USD$ 5.58)
1873: 1 Troy Oz. Platinum (Paris: Mfg, bulk) Fr 32.66 ($ 6.16; USD$ 7.2353)

Citation: Le Moniteur scientifique du Doctor Quesneville: Journal ..., Vol. 39-40 G. A. Quesneville, p.664


1873: 1 Troy Oz. Platinum (Scrap, Bid) = Fr 25.15 ($ 4.83; USD$ 5.58)


Citation: Bulletin de la Société chimique de Paris, Vol. 18 ; Société chimique de Paris (1872) pp.



1872: 1 Troy Oz. Platinum-Black (Residue) = Fr 62.21 (USD$ 11.88)
Citation: Bulletin de la Société chimique de Paris, Vol. 18 ; Société chimique de Paris (1872) pp. 



c. April 1872: 1 Troy Oz. Platinum (Paris: Semi-mfg, Ret.) = Fr 35.77 
.... (USD$ )



Citation: Bulletin de la Société chimique de Paris, Vol. 18 ; Société chimique de Paris (1872) pp.


October 1872: 1 Troy Oz. Platinum (Paris: Semi-mfg, Ret.) = Fr 38.88
.... (USD$ 7.42)



October 1872: 1 Troy Oz. Platinum (Paris: Crucible, Intrinsic) = Fr 34.21
.... (USD$ 6.53)
October 1872: 1 Troy Oz. Platinum (Paris: Crucible @ Fr. 1.35/Gr) = Fr 42.
.... (USD$ 8.02)
October 1872: 1 Troy Oz. Platinum (Paris: Labor) = Fr 7.77
.... (USD$ 1.48)

October 1872: 1 Troy Oz. Platinum (Paris: Spoon, Ret.) = Fr 42.41 - 77.76
.... (USD$ 8.10 - 14.85)




??




French Weights: Fr. 25. (USD$ 4.77)





1872: 1 Troy Oz. Palladium (Refined) = Fr 186.60 (USD$ 35.63)
1872: 1 Troy Oz. Rhodium (Refined) = Fr 217.72 (USD$ 41.57)
1872: 1 Troy Oz. Osmium (Refined) = Fr 279.93 (USD$ 53.45)
1872: 1 Troy Oz. Iridosmine (Ore) = Fr 46.66 (USD$ 8.91)
1872: 1 Troy Oz. Iridium (Refined) = Fr 217.72 (USD$ 41.57)
1872: 1 Troy Oz. Ruthenium (Refined) = Fr 622.07 (USD$ 118.77)
 
Citation: Bulletin de la Société chimique de Paris, Vol. 18 ; Société chimique de Paris (1872) pp.










1872: 1 Troy Oz. Palladium Nitrate (Chemical: Pd[NO₃]_2, Retail)  = Fr. 124.41
.... USD$ 23.75


1872: 1 Troy Oz. Platinum Chloride (PtCl₂, Ret.) =  Fr 27.99 
.... (USD$ 5.34) 
1872: 1 Troy Oz. Ammonium Chloroplatinate ([NH₄]₂[PtCl₆], Ret.) =  Fr 26.44 .... (USD$ 5.05)
1872: 1 Troy Oz. Potassium tetrachloroplatinate (K₂PtCl₄, Ret.) =  Fr 26.44 
 .... (USD$ 5.05)



1872: 1 Troy Oz. Palladium (Refined) = Fr 186.60 - 280. (USD$ 36.60 - 60.82)
1872: 1 Troy Oz. Iridium (Refined) = Fr 217.70 - 249. (USD$ 42.35 - 54.)
1872: 1 Troy Oz. Rhodium (Refined) = Fr 217.70 - 264.35 (USD$ 42.35 - 57.45)
1872: 1 Troy Oz. Osmium (Refined) = Fr 280. - 497.60 (USD$ 54.45 - 108.)
1872: 1 Troy Oz. Ruthenium (Refined) = Fr 622. - 933. (USD$ 121. - 203.)

Ruthenium was 25% more expensive in 1878. US Platinum Prices in 1872 were ~50% higher.

Librarie Hachette prices are retail for August.

Aug. 1872: 1 Troy Oz. Platinum (Paris: Semi-mfg, Ret.) = Fr 37.32 (USD$ 7.13)
Aug. 1872: 1 Troy Oz. Platinum (Paris: Semi-mfg, Ret.) = Fr 37.32 (USD$ 7.13)

Citation: Catalogue du Matériel Scientifique / Table Alphabétique des Subdivisions De Ce Catalogue; Librairie Hachette et Cie (Paris: 1872)

In 1872, the Platinum cost was 67% in the retail price of a working still. Earlier attempts at coinage and the Russian Platinum-Siver Ratio of 5.2:1 are also mentioned.

Of a Continental refiner (1872): "Palladium, which this firm exhibits, is nearly twice as expensive as platinum in consequence of its only being found in one or two Brazilian gold mines, so that it must be looked upon more as a chemical curiosity than anything else."

It's likely that 1,000 Fr/kg is an average price for a number of years (since 1857?)

1872: 1 Troy Oz. Platinum (Russian Ingot, Mkt) = Fr 31.10 (USD$ 5.93)

1872: 1 Troy Ounce Platinum (Mfg) = Fr 53.73 (USD$ 10.33)

1872: 1 Troy Oz. Palladium (Mkt) ~ Fr 62 (USD$ 12.)

Citation: Le Moniteur scientifique, Vol. 14 G. A. Quesneville (1872) p.1005

A different Platinum price for 1862, perhaps a Low price c.1872 not fully specified by contemporaries.

1871/2: 1 Troy Oz. Platinum (producer, bulk unmfg.) = Fr 22.79 (USD$ 4.40)

USA, 1869: McAllister's Catalogue

1869: 1 Troy Ounce Platinum (UK: Wire, Retail) = $ 6.81 /USD$ 9.06 (£ 1.40)
1869: 1 Ozt. Platinum (Germany: Scrap, Ret.) =    (Thl 5.70; ℳ 14.256; ~ £ 0.86)
1869: 1 Ozt. Platinum (Germ.: Wire & Foil, Ret.) =     (Thl 9.33 ; ℳ 24.624 ~£ 1.40)  
1869: 1 Ozt. Platinum (Paris Mfg, Bulk rate) = $ 4.60 (Fr 23.33) 

In 1868/9, the Continental and English Prices for manufactured Platinum were nearly identical. 
   
1868: 1 Ozt. Platinum (German Market) ~ DM 17.885 (£ 1.33)  
1869: 1 Ozt. Platinum (UK Market) = £ 1.34 ($ 6.52 ; USD$ 8.67)

The price of semi-manufactured Platinum was considerably higher than Gold in McAllister's Catalogue (24th Ed.)  Platinum Strips were about 2x more expensive than pre-War prices; Grove's batteries 69% higher likewise.  (McQueen's 1859 Catalogue had shown identical prices to McAllister's 1855 Catalogue.) 

Codman & Shurtleff's Catalogue offered Platinum at ~30% less, circa 1870. In 1872, Platinum prices in NYC were yet half as much, suggesting wholesale (or specie) prices collapsed circa 1870.

1869: 1 Ozt. Platinum (Semi-Mfg, Cat.) = USD$ 24. ($18. in Gold)

Citation: A Priced and Illustrated Catalogue of Meteorological and Philosophical Instruments and School & Chemical Apparatus, Manufactured and Sold by W. Mitchell McAllister, 728 Chestnut St. Phila. PA :24th Ed. 1869  pp. 68

http://www.sil.si.edu/DigitalCollections/trade-literature/scientific-instruments/files/52542/imagepages/image12.htm

24th Edition. A priced and Illustrated Catalogue of Meteorological and Philosophical Instruments and School and Chemical Apparatus, Maufactured and Sold by W.Mitchell McAllister (1869), p.10
 
"Platina Points for Lightning Rods
847. Platina Points etc., No. 01, each ..... $5.00
848. ......................................................... $3.50  
849. ......................................................... $2.50 
850. ......................................................... $ 1.75
851. ......................................................... $ 1.50
852. ......................................................... $ 1.25

c. 1869? 1 Troy Oz. Platinum (semi-mfg, whols.) = $ 14. - 18.66 (USD$ 18.61 - 24.82)

Citation: "Descriptive and Illustrated Catalogue of Philosophical Instruments / Illustrated Catalogue of School Apparatus" H.B. & W.O. Chamberlain (c.1870) pp. 13; 24

Platinum Bichloride also witnessed rising price in the late 1860s.  The double salt was ~28% pure Pt; the fluid ounce ~0.5 English Troy Grains.


1865: 1 Troy Ounce Platinum (28% salt, whols.) = $ 1.65 
1865: 1 Troy Oz. Platinum (28% salt, whols.) = $  5.88

$ 1.57 (USD$ 2.47)

1865: 1 Troy Oz. Platinum (semi-mfg, whols.) = $ 18.90 - 23.60

1868: 1 Fluid Oz. Platinum Chloride (PtCl₂, Ret.) = $ 1. (USD$ 1.17)


1868: 1 Troy Oz. Platinum (PRESUMED refined, semi-mfg, whols.) ~ USD$

1869: 1 Fluid Oz. Platinum (solution, trade) = $ 2.0 (USD$ 2.66)
1869: 1 Troy Oz. Platinum (see above) = $18. (USD$ 24.)
1869: 1 Troy Oz. Platinum (avg. price; see below)  ~$10.40 (USD$ 13.83)
 
1872: 1 Fluid Oz. Platinum (solution, whols.) = $ 0.75 (USD$ 0.84)
1872: 1 Troy Oz. Platinum (semi-mfg, whols./ret.) = $10. - 16.80. (USD$ 11.17 - 18.77)

1868:

1869:

March, 1869: Tillotson's Advertisement, Chicago IL

Citation: Journal of the Telegraph, Vol. 2; (Mar. 1869 Supplement p.3) Western Union Telegraph Company



Like other PMs, the (dry) Platinic Salt was 10x the Price of Platinum in Solution (fluid.)

1872: 1 Fluid Oz. Platinum Chloride (PtCl₂, Ret.) = USD$ 0.75
1872: 1 Troy Oz. Platinum Chloride (PtCl₂, Ret.) = USD$ 7.50 (USD$8.78)
1872: 1 Troy Oz. Platinum (Semi-Mfg, Whols.) = USD$ 12. - 14.40

1872:

1868: 1 Troy Oz. Platinum (IV) Chloride (PtCl₄) = £ 1.60 (USD$ 10.93)

1868?

1865-72: 1 Troy Oz. of Platinum (Semi-mfg, Retail) = $ 11.62 (USD$ 16.36)

Citation: Dental summary, Vol. 36 (1916) p.249
 




US Imports, $101,635.

US Imports:



Incorrect price-guess ("valued at $4.")  If the Platinum planchet was 3.5% Cu, 7.5 Grams Pt (@£ 1.40/Ozt = £ 0.3378) the retail market value of Platinum in the planchet would be ~£ 0.358; 36% the coin's purported value.  Scrap sold in London @ ~£ 1.00/Ozt; a Scrap-Ask for the planchet would be ~£ 0.26; 26% the coin's purported value. 

Estimating Tools and Risk-Cost (double the salary of a gold worker), an approximate First Cost-Basis for re-gilded Counterfeit Platinum can be guessed. "Value" to the counterfeiter should be understood as Profit (unknown); false coin was generally discounted through fencing and other accessory criminal operations.  "Value" at market is otherwise simply the intrinsic Market price of Platinum in a finished, refined state.

The counterfeit Napoleon in Platinum was estimated to be worth Fr. 4. in 1875.

1869: 1 Troy Oz. platina (NYC: 85% Ore?) = $ 4.00 (USD$ 5.33)
1869: 1 Troy Oz. Pt (CA: .999 Ore ) = $ 4.71 (USD$ 6.27)

1869: 1 Troy Oz Pt Labor = $ 0.60 (USD$ 0.80)
1869: 1 Troy Oz. Platinum (USA: First Base Cost) = $ 5.31 (USD$ 7.07) 
1869: 1 Troy Oz. Platinum (USA: +25% Profit) ~ $ 6.64 (USD$ 9.20)

1867: 1 Troy Oz. Pt (SPb: Ore @ .999) = $ 2.88; USD$ 3.99
1867: 1 Troy Oz. Pt (European Labor, Recycled Platinum) = $ 1.52; USD$ 2.11
1867: 1 Troy Oz. Pt (Counterfeiter Wage: US Labor, Goldworker x2) ~$ 3.40 
1867: 1 Troy Oz. Platinum (First Base Cost, Illicit) ~ $ 7.80 (USD$ 10.81)

1869: 1 Troy Ounce Platinum (Scrap?) = $ 4. (USD$ ) 
 
1870: 1 Troy Oz. Platinum (Trade: Semi-mfg) = $ 6. - 8. (USD$ 6.89 - 9.19) 
1870: 1 Troy Oz. Platinum (Counterfeiter Coin: Tool & Labor Cost?) ~$ 2.00  

1870: 1 Troy Oz. Platinum (First Cost, Illicit)~ $ 8.-10. (USD$ 11.08-13.85 )
  
Citation: The Numismatist: An Illustrated Monthly Magazine..., Vol. 34




Freight: (NYC-Brest) was $0.219428572/Ozt.