Russia, 1900

DSQ

Late January 1901: 1 Ozt. Platinum (London Retail) =  (USD$ )

Citation: Engineering and Mining Journal, p.212 (Vol. 71 (2/16/1901)


1900: 1 Troy Ounce Platinum (London: Bulk Ore, at 83%) = 29.67 руб
1900: 1 Troy Oz. Pt (London: Bulk Ore, @ .999) ~ 35.746 руб

1900: 1 Troy Ounce Platinum (Bid, Scrap) = 29.149 руб 

1900: 1 Troy Ounce Platinum (NYC: unrefined ingot, Spot) = 35.154 руб

1900: 1 Troy Oz. platina (NYC market) = 35.659 руб

1900: 1 Troy Oz. Platinum (NYC: avg refined) = 42.305 руб

1900: 1 Troy Oz. Platinum (NYC market, mfg whols.) = 44.986 руб

1900: 1 Troy Oz. platina (SPb mkt?) = 28.4822 руб  (USD$ 14.66)
1900: 1 Troy Oz. Platinum (SPb mkt?) = 34.316 руб  (USD$ 17.66)
 

1900: 1 Troy Oz. Platinum (Cost) = 15.19 - 17.09 руб  (USD$ 7.82 - 8.79)

1900: 1 Troy Oz. Platinum (Cost) = 18.04 - 22.79 руб  (USD$ 9.28 - 11.73)

1900: 1 Troy Ounce platina (ingot, NYC market) = USD$ 17.75 - 18.20

1900: 1 Troy Ounce platina (ingot, NYC market) = USD$ 18.35

1900: 1 Troy Ounce Platinum (avg refined) = USD$ 21.77

1900: Monthly Wage (Winter) = 9.60 руб (USD$ 4.94)

1900: Monthly Wage (Summer) = 28.8 руб (USD$ 14.82)

Citation: Archives des sciences physiques et naturelles, Vol. 15 (1903) p.395-6
 

Citation: Engineering, Vol. 70 (9/7/1900) p. 301




Where 1 Poud platina cost £ 1,494 (14,901.19 руб  in Bills, 14,043 руб  currency)

1900: 1 Troy Oz. platina (Ural Spot) = 28.295 руб  (£ 2.8368; USD$ 14.56)
1900: 1 Troy Oz. Pt (Ural Spot, .999) = 34.09 руб  (£ 3.418; USD$ 17.543)

Russia, 1901

1901: 1 Troy Ounce platina (St. Petersburg Spot) = 27.42 руб (USD$ 14.12)

 

Platinum miners salary, 1901:

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


Working the placers in 1901, Alexandre Grine "Sur Terre et Sur Mer" (p.132-3) reported the same daily wage (руб 1.20) also that miners were paid руб 3.50 per Zolotnik for platina and руб 5./Zolotnik for Gold ore.  Anecdotally, he had heard of contraband prices руб 6.-7./Zolotnik (for Gold? so, ~руб 4.25 - 4.75 руб/Zolotnik for platina)  

1901: 1 Troy Oz. platina (Uralian Spot) = 25.52 руб (USD$ 13.14)
1901: 1 Troy Oz. Gold ore (Uralian Spot) = 36.46 руб (USD$ 18.78)

1901: 1 Troy Oz. platina (Contraband) ~ 30.50 - 35.75 руб (USD$ 15.77 - 18.40)
1901: 1 Troy Oz. Gold ore (Contraband) = 43.75 -51. руб (USD$ 22.53 - 26.29)


c.1901: 1 Troy Ounce platina (Ural Spot) = Fr 37.33 - 46.66 (USD$ 7.25 - 9.06) 
  Citation: Le Naturaliste: revue illustrée des sciences naturelles ; Émile Deyrolle, Paul Groult (1902) p.42

France, 1900

1900: 1 Troy Ounce Platinum (intrinsic/mkt?) = Fr 90.20 (USD$ 17.51)

1900: 1 Troy Ounce Gold (Paris mkt?) = Fr 106.91 (USD$ 20.69)
1900: 1 Troy Ounce Silver (Paris mkt?) = Fr 3.20 (USD$ 0.62)

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

Copper:

USA, 1900: PGM Prices, Cited by Colorado Assayist

1/4/1900:

1900: 1 Troy Ounce platina (SF: Ore, Spot) = USD$ 14.00

Citation: Mining and Scientific Press, Vol. 79-80 1/6/1900 p.17


1900: 1 Ozt. Platinum (NYC: Imported Ore, Spot) = USD$ 17.75
December 1900: 1 Ozt. Platinum (NYC: Imported Ore, Spot) = USD$ 18.20
 
Citation: Engineering and Mining Journal, p.826, Vol. 71 (6/29/1901)


The sudden rise of Platinum must have alarmed many dentists and suppliers, but the spread between wholesale product was significant. On 1900, Platinum was about 36% more expensive than Gold and 3,058% more expensive than Silver.

1900: 1 Ozt. Platinum (NYC: Imported Ingot, Mkt Avg.) = USD$ 18.09

Citation: Engineering and Mining Journal, Vol. 112, #12 ; American Institute of Mining Engineers (1921), p.478


1900: 1 Ozt. platina (NYC: Imported Ore, Spot) = USD$ 18.35

1900: 1 Ozt. Platinum (NYC: Refined, Avg.) = USD$ 21.77

1900: 1 Ozt. Platinum (Trade: Mfg.) = USD$ 23.15

1900: 1 Ozt. Platinum (Trade: Bid, Scrap) = USD$ 15.
1900: 1 Ozt. Platinum (Trade: Dental, Mfg.) ~ USD$ 22.
1900: 1 Ozt. Platinum (Trade: Dental, Mfg.) ~ USD$ 30.

??: 1 Ozt. Platinum (SF, Trade: Semi-Mfg.) = USD$ 14.00
 April? 1900: 1 Ozt. Platinum (SF, Trade: Semi-Mfg.) = USD$ 24.88

c. April, 1900:

Citation: In Yellowest Jaunia and the Way Out: Or, "Sound Money" Versus Self Money; Alfred Emerson (1901) p.20

Citation: The Dental Cosmos, Edward C. Kirk, 1900, p.5

In 2010, Platinum (POP avg $ 1,609.) was +31% more than Gold (POG avg $ 1,225.) and +7,945% more than Silver (POP avg $ 20.)

As a reference, Scientific American reprinted data in 1903, apparently from the same news source, with other metals and including some German prices in USD$ (below.)

1900: 1 Ozt. Platinum (NYC: Imported Ingot, Spot) = USD$ 18.50
1900: 1 Ozt. Platinum (NYC: Imported Mfg, Whols.) = USD$ 22.39

1900: 1 Ozt. Palladium (Semi-Mfg, mkt) = USD$ 46.65

1900: 1 Ozt. Iridium (Ore) = USD$ 15.55

1900: 1 Ozt. Iridium (Refined) = USD$ 33.28

1900: 1 Ozt. Osmium (Refined, Mkt) = USD$ 62.20

1900: 1 Ozt. Rhodium (Refined, Mkt) = USD$ 101.08

1900: 1 Ozt. Ruthenium (Refined, Mkt) = USD$49.76

Citation: Analysis, detection and commercial value of the rare metals: A treatise ... Julius Ohly (1903) pp.58, 80








 

December 1900: 
December 1900: 1 Ozt. Platinum (NYC Mkt: Ingot, .999) = USD$ 18.20-18.50
December 1900: 1 Ozt. Platinum (NYC Retail Ware) = USD$ 22.395
Citation: Engineering and Mining Journal, p.21 (Vol. 71 (1/5/1901)


In San Francisco, the refined Platinum price had nearly doubled in 1900.

1898/9: 1 Ozt. Platinum (semi-mfg, SF mkt) = USD$ 14.
Early 1900: 1 Ozt. Platinum (CA: semi-mfg, trade) = USD$ 24.88

Citation: In yellowest jaunia and the way out: or, "Sound money" versus self money ;  Alfred Emerson p.21 
 


Citation: Scientific American reference book (1903) pp.447-8

1900-1:

1900:

1900: 1 Troy Oz. platina (US ore, NYC Spot: intrinsic?) = USD$ 18.00

Citation: The Mineral Industry, Vol. 9 p.5

Edison's Lamp Filament 3.47 Grains Troy

UK, 1900: Battery Platinum

Mid-1899/1900: 1 Troy Ounce platina (Ore, at 83%) = £ 3.11 (USD$ 15.11)
Mid-1899/1900: 1 Ozt. Pt (Ore, @ .999) = £ 3.747 (USD$ 18.235)
  
1900: 1 Ozt. Platinum (Ore, at 83%) = £ 3.1563 (USD$ 15.36)
1900: 1 Ozt. Pt (Ore, @ .999) = £ 3.8028 (USD$ 18.506)

1900: 1 Ozt. Platinun (Sheet, .999) = £ 3.75 (USD$ 18.25)
 1900: 1 Ozt. Platinum (Mfg) = £ 3.85 (USD$ 18.74)

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

Citation: The Mineral Industry, Vol. 9 1900 (1901) p.519

1899/1900:

Smee's & Grove's Batteries:

 

1900: "an excellent and superior instrument is Daniell's pyrometer, for indicating high temperatures, price £5 5s."

1900: 1 Ozt. Gold (Bid: 18k) ~ £ 2.88 - 2.959 (USD$ 14.40)
1900: 1 Ozt. Dental Gold (Trade: 18ct Plate) = £ 3.60 (USD$ 17.52)

c.December 1900: 
Citation: British Journal of Dental Science, Vol. 44 Feb. 1901 p.174





Tasmanian Iridosmine, c. June 1900:





October 1900:


December 1900: 
December 1900: 1 Ozt. Platinum (London Mkt: Sheet, .999) = £ 3.75 (USD$ ) 
 
Citation: Engineering and Mining Journal, p.152 (Vol. 71 (1/5/1901)

Germany, 1904: Neumann's Seminal Price Study for the PGMs

This is the most comprehensive historical 19th C. price table for the PGMs available, but with retail prices. Note the ~90% Palladium price collapse in 1875.

Citation: Die Metalle: Geschichte, Vorkommen und Gewinnung, nebst ausführlicher ... Bernhard Neumann (1904) p.367

USA, 1873/1875/1900: Metal Prices, Compared

Given the well-known price of silver was falling sharply, with strong likelihood that Silver the most accurate quotation,  a stated silver price of $1.29 a troy ounce specifies 1873.  (Some other metals price data might be somewhat earlier, not later.)

These types of estimations are broad, inexact and not market prices. For example, at the same time, Johnson, Matthey & Co's 1873 Vienna Catalogue cited Ruthenium for 3x as much.

c.1873: 1 Troy Ounce of Ruthenium = $96.

c.1873: 1 Troy Ounce of Rhodium = $ 48.

c.1873: 1 Troy Ounce of Palladium = $ 44.79

c.1873: 1 Troy Ounce of Osmium= $ 22.30

c.1873: 1 Troy Ounce of Platinum = $ 7.90 

Citation: Catechism of money: a hand-book on finance, in the interest of honest money ...By Joseph P. Root (1876) p.236


This list was published in 1875 from earlier sources and with dubious forex, perhaps 1871/2?

Citation: The chemist's manual: a practical treatise on chemistry, qualitative and ...  By Henry Augustus Mott

Circa 1875:

1875: 1 Troy Ounce of Ruthenium = $89.50

1875: 1 Troy Ounce of Rhodium = $ 70.84

1875: 1 Troy Ounce of Palladium = $ 34.18

1875: 1 Troy Ounce of Osmium= $ 44.74

1875: 1 Troy Ounce of Platinum = $ 8.39

Citation:  The universal assistant, and complete mechanic: containing over one million ...  By Richard Moore (1882) p.123

In the last quarter of the 19th C., the cost of importation from chemical & apparatus producers was "more than half the European price," according to contemporary US government sources.

1876:

Citation:  The universal assistant, and complete mechanic: containing over one million ...  By Richard Moore (1882) p.123

Circa 1883: The spot price for Silver was $1.12, nowhere near the $1.37 suggested.  Presumably, these are retail prices!

1883: 1 Troy Ounce of Ruthenium = $ 164.61

1883: 1 Troy Ounce of Rhodium = $157.75

1883: 1 Troy Ounce of Palladium = $96.

1883: 1 Troy Ounce of Osmium= $ 89.16

1883: 1 Troy Ounce of Platinum = $ 10.29

Citation:  J.A. Berly's universal electrical directory and advertiser By Jules Albert Berly (1884), p.5





Circa 1900:

1900: 1 Troy Ounce of Ruthenium = $ 102.88

1900: 1 Troy Ounce of Rhodium = $68.59

1900: 1 Troy Ounce of Palladium = $41.15

1900: 1 Troy Ounce of Osmium= $ 0.82

1900: 1 Troy Ounce of Platinum = $ 17.50