Showing posts with label 1880. Show all posts
Showing posts with label 1880. Show all posts

March 22, 2014

Germany, 1880


"In Deutschland kostete 1 kg Platin im Jahre 1880 noch immer nur 600 Goldmark"

1880: 1 Troy Ounce Platinum (Semi-Mfg, Bulk) = ℳ 18.6621 (USD$ )

1880: 1 Troy Oz. Platinum (Semi-Mfg, Bulk) = ℳ 20.2173 (USD$ )


Citation: Deutschlands chemische Industrie, 1888-1913; Bernhard Lepsius

1880: 1 Troy Oz. Platinum (Mfg, Bulk) = ℳ 27.3711 (USD$ )


Citation: Die Chemische Industrie, 1892 Vol. 15 (1892) p.70

April 5, 2013

Russia, 1880



c. 1880: 1 Troy Ounce Platinum (SPb mkt) = 4.7470 руб

1880: 1 Troy Ounce Platinum (SPb mkt) = 5.6964 руб
..... (~Fr 22.79)


1880: Pt Yield = 179.75 Poud = 7,190 Funt = 94,664.4 Ozt.= 2,944.4 Kgs  
1880: Au Yield =  Poud =  Funt =  Ozt. =  Kgs

  Citation: Archives des sciences physiques et naturelles, Vol. 15 1903



Citation: Suspect Reprinting (Contract price?)



1880: Pt Yield = 179.91 Poud = 7,196.37 Funt = 94,748.3 Ozt.= 2,947 Kgs. 

1880: Au Yield= 2,641.925 Poud= 105,677 Funt= 1,391,355.7 Ozt.= 43,276 Kgs.






Different data.




RUSSIAN PLATINUM MINES.—The entire production of the Ural platinum mines during the last ten years has been sold to a foreign syndicate, which originally had the idea of speculating upon a progressive demand for the metal for electrical purposes. Since work on the Trans-Siberian railway was initiated, a scarcity of labour ... diminution in the production from 1,249 kilogrammes in 1880 to 1,113 kilogrammes in 1889, The total output of the rough mineral in Russia in 1881, was 2,986 kilo­ grammes ; 1882, 4,081; 1883, 3,527 ; 1884, 2,137 ; 1885, 2,591, and 1886, 4,319 kilogrammes. All the mineral extracted comes from the Goi-oblagodz and Nigi-Taguitsk mines in the government of Perm.


May 16, 2012

Germany, 1890

1890: 1 Troy Ounce Gold (Mkt, Ingot) = ℳ 86.63
1890: 1 Troy Ounce Platinum (Manufactured) = ℳ 61.28

January, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 46.66
June, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 59.10
September, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 71.54
October, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 68.43
November, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 65.32



Manufactured, bulk Platinum prices in German Marks, 1869-92:


November 12, 2010

France, 1880: International Standards (Manufacturers' Cost)


1880: 1 Troy Oz. platina (SPb: ~80%) = Fr 15.05 (USD$ 2.92; 3.76 руб Silver)
1880: 1 Troy Oz. Platinum (SPb: Mkt) ~ Fr. 22.785
  1880: 1 Troy Ounce Platinum (Paris: Pure Ingot, Mkt) = Fr 31.10 (USD$ 6.)
1880:
 

Citation: L'economiste Francais, Journal Hebdomadaire (22 Dec.1906) p.902





1881: 1 Troy Oz. Platinum (ingot) = Fr 40.44 (USD$ 7.76)


Citation: Dictionnaire de pédagogie et d'instruction primaire, Vol.2, Issue 2, Ferdinand Edouard Buisson (1883) p. 1622



1876: 1 ingot = 505 troy ounces (450 oz Pl, 55 oz Ir) @ 51,500 Fr ea.
> 1 oz 90/10 alloy = 102 Fr

High Market Price (? - 1901) : 1 Troy Ounce of Iridium = Fr 205.76



1872:


1876:





1872:



The 1 kg weight was 90% Platinum and 10% Iridium, but the bulk production was ~250 kgs in total.


1880:

1882:

1893:

Weight of the Meter, ~3 kgs.



August 18, 2010

UK, 1880: Catalogue & Platina Cost; C. Ash & Sons

1880: 1 Troy Oz. Platinum (Ural Spot? 83% Ore) = £ 0.63 (USD$ 3.)
1880: 1 Troy Oz. Platinum (Ural Spot? Ore, .999) = £ 0.7605 (USD$ 3.68)

1880: 1 Troy Oz. Platinum (Trade: Semi-mfg; Bulk) = £ 1.60 (USD$ 7.74)
1880: 1 Troy Oz. Platinum (Trade: Semi-mfg) = £ 1.70 (USD$ 8.23)

1880: 1 Troy Oz. Platinum (Trade: Semi-mfg; Bulk) = £ 1.65 (USD$ 7.98)
1880: 1 Troy Oz. Platinum (Trade: Semi-mfg) = £ 1.75 (USD$ 8.46)
1880: 1 Troy Oz. Platinum (Semi-mfg; to order) = £ 1.85 (USD$ 8.95)
1880: 1 Troy Oz. Platinum (Mfg: gauze) = £ 1.95 (USD$ 9.44)


Citation: Catalogue of electrical and galvanic apparatus. (Mawson & Swan) Newcastle-on-Tyne (1880) p.21




1880: 1 Troy Oz. Platinum (Mfg, retail) = £ 2. (USD$ 9.68)
1881: 1 Troy Oz. Platinum (Mkt) = £ 1.5 - 1.75 (USD$ 6. - 7.25)





c.1879: 1 Troy Oz. Palladium (Semi-mfg) = £ 1.30 - 1.40 (USD$ 6.31-7.69)
c.1879: 1 Troy Oz. Palladium (Dental alloy rate) = £ 1.39 -1.83 (USD$ 6.5-8.0)

Citation: A catalogue of artificial teeth, dental materials, instruments, tools ... ; Claudius Ash & Sons (1880)







1880: 1 Troy Oz. Gold (Semi-mfg, trade) = £ 4.80 (USD$ 23.30) 





1880: 1 Troy Oz. Silver  (Semi-Mfg, Trade) = £ 0.2875 (USD$ )

See also Jamieson's chart for wholesale platina in British Shillings (landed & tariffed UK prices?):

1880: 1 Troy Oz. platina (UK, bulk) ~ £ 1.10 (USD$ 5.25)


Citation: The Electrical Engineer, Vol. 15, No. 254, 3/15/1893 p.268



1880: 1 Troy Oz. platina (ore, Urals) = £ o.63 (USD$ 3.)


Citation: The Platinum Metals, Arthur Douglas Lumb (1920) p.13


1920 summary: Uralian ore, at the source




1880: Unusual Platinum counterfeit Sovereign found in Sydney. A full-weight Sovereign weighted .2568 Ozt.

If the the counterfeit Alloy was the same as the Napoleon of 1874 (81.5% Pt, 18.5% Cu) and a full-weight "Doblon d'Isabel" weighed .2611/.2681 Ozt. Platinum Doblon counterfeits were known to weigh as much as .27 Ozt (8.4 g) and gilding to the UK Sovereign form should have increased mass to perhaps .268 Ozt (8. g) There was ~6.62 g. Platinum in the planchet.




https://www.cngcoins.com/photos/big/2560824.jpg

At Stack's New York 2011 International Sale (1/10/2011) an example described as "Boldly lustrous, struck on 8.4 gram planchet (correct weight was 8.3371 grams)" sold for USD$546.25 (+15% = $628.20) With Spot Platinum $1,770, the retail premium for Platinum investment x, the numismatic premium is y. Where local coin shops quoted the 1/10th Ozt Platinum Eagle for $229., the approximate Retail Pt Coin Premium should have been 29.38%. The Platinum Counterfeit Doblon D'Isabel therefore had a retail numismatic premium of 2.27x over Pt Coin Spot. 

(The US Mint's Retail Pt Coin Premium for the 1 Ozt Coin was was 17.59% on 5/26/11.)

1/11/2011: 1 Troy Oz. Coin Platinum (Counterfeit) = £ 1,892. (USD$ 2,952.)

1880: See 1868.
A complete set of mineral teeth (14x2= 28, manufactured) retailed £ 21. - 26.25
A complete set of mineral teeth (superior) retailed £ 31.50
A complete set of mineral teeth (14x2= 28, manufactured) retailed excessively £ 52.50
 
Citation: British Journal of Dental Science, Vol. 23 (1880)




Fletcher's Dental Amalgam:

1880/1: 1 Troy Oz. "Platinum Amalgam" (Dental) = £ 1. (USD$ 4.84)

 














May 27, 2010

USA, 1887: Catalogue Prices for Platinum, platina

Summer, 1887: 1 Troy Ounce Platinum (Import, Mkt.) = USD$ 7.50
Winter, 1887: 1 Troy Ounce Platinum (Import, Mkt.) = USD$ 6.80
1887: 1 Troy Oz. Platinum (Import, Semi-Mfg./Wire) = USD$ 7.80
1887: 1 Troy Oz. Platinum (Mfg., Raynor) = USD$ 9.60 - 12.00

At standard volumes, the weight of crucibles without covers did not vary significantly at different times, by manufactures, in different countries, etc. Where a 75 cc crucible weighed 25 grams and a 20 cc crucible weighed 6 grams, the price of 31 grams or 1 troy ounce may be estimated accordingly.


1887: 1 Troy Ounce Platinum (Mfg., Trade) = USD$ 9.60 - 12.00

For comparative weights, examine the 1904 Bausch & Lomb Catalogue

Citation: Notes on assaying and assay schemes ; Pierre de Peyster Ricketts (1887) p.

Where Pure Gold was $23./oz wholesale, Half Platinum Plate was $18./oz whols. (78%);

1887: 1 Troy Ounce Platinum (manufactured, retail) ~ USD$ 24.00?


1887:


Where 25ccm = 7/8 ounce, the crucible weight should be 400 grains.

J.Bishop & Co., Phila. 1887
Citation: Notes on assaying and assay schemes (1887) p.213
Uncertain time for price data; Davenport's work was executed in 1885-7. Assuming 1 kg of Platinumware cost $390 ($0.39/g.):

1885/7: 1 Troy Oz. Platinum (Mfg, Whols.) = USD$ 12.13

Citation: Journal of Analytical and Applied Chemistry, Vol. 3 Part 3 (1889) p313



E.A. Gieseler reported this in a lecture, mid February 1888. In the Metrical Standard, the manufactured price of Platinum was clearly higher than Spot Gold. 

c.1887: If a French Standard weighed exactly 3.5 Kgs (~112.53 Ozt), 

12/1887?: 1 Troy Oz. Platinum (Paris: Import, Mfg.) = USD$ 22.22
2/1888: 1 Troy Oz. Gold (London, @ forex) = USD$ 20.95

Citation: Journal of the Franklin Institute, Vol. 126 (8/1888) p.126



Assuming avoirdupois weight, Foote was selling platina retail at about double the wholesale bulk asking price for 70% pure US platina.

Summer, 1887: Global or only US Price Hike?


Citation: Mineral resources of the United States, Vol. 5 , US Bureau of Mines, Geological Survey (1888)


1887: 1 Troy Oz. platina (NY: US ore, 64%) = $ 4.10
1887: 1 Troy Oz. platina (NY: US ore, intrinsic) = $ 6.41

1887: 1 Troy Oz. platina (US ore, 70% mkt) = $ 4.50  
1887: 1 Troy Oz. platina (US ore, intrinsic) = $ 6.43
1887: 1 Troy Oz. US Platinum  (US ore + labor) ~ $ 7. 

1887: 1 Troy Oz. Iridosmine (US Ir/Os, ore ) = $ 3.33
1887: 1 Troy Oz. Iridosmine (US Ir/Os, intrinsic) = $ 

Citation: Mineral resources of the United States, Vol. 4 , US Bureau of Mines, Geological Survey (1887)


1887, 1888:


1887: 1 Troy Ounce platina (Cdn ore, whols.) = C$ 4.0
1888: 1 Troy Ounce platina (Cdn ore, whols.) = C$ 4.0

Citation: Canada Yearbook, p.296




New York: Platinum Wire, 1883-1898


Citation: Journal of the Franklin Institute, Vol. 146 ; Franklin Institute (Philadelphia, Pa.: 1898) p.210.

 

c.1887: 1 Troy Ounce Palladium (refined, pure) ~ USD$ 45.

Citation: The Monthly cyclopædia of practical medicine. v.1-21, v.22, no. 1 ..., Volume 2 (1888), p.59


US Retail: 

1887: 1 Troy Ounce platina (ore, retail) = USD$ 9.87

Citation: Notes on assaying and assay schemes, Pierre de Peyster Ricketts (1887) p. iii


Queen & Co. were a better known US catalogue for chemical & apparatus, the longevity of their operation established their prices as 'the wholesale market' for many decades.


1887: 1 Troy Oz. of Iridium (market) = $ 77.75
1887: 1 Troy Oz. of Osmium (market) = $ 93.30
1887: 1 Troy Oz. of Rhodium (market) = $155.50
1887: 1 Troy Oz. of Ruthenium (market) = $ 124.40
1887: 1 Troy Oz. of Palladium (market) = $ 77.75

1887: 1 Troy Oz. of Silver (market) = $ 1.75

1887: 1 Troy Oz. of Pure Gold (market) = $ 54.43












1887: 1 Troy Oz. Platinum (California: Mfg., European Import) = USD$ 12.45
1887: 1 Troy Oz. Platinum (California: Mfg., Intrinsic) = USD$  9.64
 
Citation: Annual Report of the Board of Control of the New York ; Issues 4-5 (1887) p.127



E.A. Schneider was a scientist, not a dealer. Here he was apparently remunerated for a Platinum crucible, presumably second-hand and at scrap-rate.
 


1887: 1 Troy Oz. Platinum (California: Semi-Mfg.) = USD$ 9.33



c.1887: 1 Troy Oz. Platinum (Coin: Scrap, Bid?) ~ USD$ 6.16

Citation: The Rare Coins of America, England, Ireland, Scotland, France, Germany... William Von Bergen (1889)
 
Customs Estimate, 6/30/1886-6/30/1887: 3,863 lbs avd! (56,335 Ozt) for $438,516, 


1887: 1 Troy Oz. Platinum (NY: Import, Semi-Mfg.) = USD$ 7.7840



The New Orleans Mint witnessed corrupt melts in 1887