June 28, 2014
USA, 1868
At 50% markup, the 1868 retail price for semi-manufactured Platinum on the East Coast, USA should have been only about $ 10.90/Ozt. (USD$ 15.25/Ozt.)
It would appear that cash/currency prices were considerably higher, however. In 1869, McAllister of Philadelphia charged USD$ 24./Ozt.; Chamberlain in Boston charged ~USD$ 18.61/Ozt.
1867: 1 Troy Oz. Platinum (UK Bid: Scrap, Trade) = USD$ 6.74 (£ 1.00)
1867: 1 Ozt. Platinum (Paris: Mfg, Trade) = USD$ 9.18 (Fr 34.29)
1867: 1 Ozt. Platinum (Paris: Mfg, Trade) = USD$ 9.71 (Fr 36.29)
1867: 1 Ozt. Platinum (Paris: Mfg, Retail) = USD$ 12.49 (Fr 46.66)
1867: 1 Ozt. Platinum (US Import: Paris Mfg) ~ USD$ 13.60 (Fr 50.81)
1867: 1 Ozt. Platinum (USA: Paris Mfg, +25% Profit) ~ USD$ 17.
1867: 1 Ozt. Platinum (USA: Paris Mfg, +47% Profit) ~ USD$ 20.
1867: 1 Ozt. Platinum (UK: Semi-Mfg, Ret.) = USD$ 8.66 (£ 1.60)
1867: 1 Ozt. Platinum (USA, Ret. Import.+34% Profit) = USD$ 11.60 (£ 2.386)
1867: 1 Ozt. Platinum (UK: Ru Pt Scrap, Customs rate) = USD$ 7.57 (£ 1.10)
1868: 1 Troy Oz. Platinum (SPb-Paris:Ru Ingot, Bulk) = $4.50 (USD$ 6.30)
1868: 1 Ozt. Platinum (Paris: Mkt) = ~$ 6.075; USD$ 8.60 (Fr. 31.10)
c.1868?: 1 Ozt. Platinum (UK:Semi-Mfg, Trade-Ret.) = $ 7.26 ; USD$ 10.14 (£ 1.50)
1868: 1 Ozt. Platinum (USA: UK Semi-Mfg, US Ret. +50) = $ 10.89 ; USD$ 15.25
1868: 1 Ozt. Platinum (USA: UK Mfg, Imp. +40%) = $ 10.14 ; USD$ 14.20
1868: 1 Ozt. Platinum (USA: Hypo. Mfg, US Ret.+50%) = $ 15. ; USD$ 21.
circa December 31, 1898:
Citation: The Mining American, Vol. 39, p.13
1868/9: 1 Ozt. Platinum (London Import:Semi-Mfg) = $ 6.52; USD$ 8.67 (£ 1.34)
1868/9: 1 Ozt. Platinum (+15% Cost Basis:Semi-Mfg) = $ 7.50; USD$ 10.61
1868/9: 1 Ozt. Platinum (Merchant Importer: Semi-Mfg, Trade) = $ 7.75; USD$ 11.
1869: 1 Ozt. Platinum (Phila.: Semi-Mfg, Trade-Ret.) = $18. in Gold (USD$ 24.)
In the USA 1867/9, Platinumware importers paid a 40% tariff. Where a 60-Gallon Platinum Still ($15k) included the 40% tariff, the actual cost was $9,000., consistent with earlier French prices. (Unknown if shipping/delivery cost more, if this was built to spec in France or UK, etc.) Logically, 60-Gallon Still should include 1,390 Ozt Platinum.
1865: 28.548 Kg, holding 39.625 Gallons, cost Fr. 30,588.4 ($5,940.)
1865: 43.227 Kg, holding 60 Gallons, cost Fr. 46,317. ($8,994.)
1868: 1 Ozt. Mfg Platinum (Imported: Bulk) = $10.7914 (USD$ 15.11)
1868: 1 Ozt. Mfg Platinum (Cost: Bulk, Net Duty) = $6.475 (USD$ 9.06)
1869: a platinum still which holds 60 gallons and cost the modest sum of $15,000.
1875: "a platinum still which holds 80 gallons and cost the modest sum of $20,000. The capacity of this machinery is fourteen thousand pounds of acid a day, though only eight thousand pounds are now to be produced which is about the average consumption in this city alone."
Grove's Battery: Platinum Foil, 1.25 Sq. In. (2.5 Sq. In. Surface)
US Imports:
It would appear that cash/currency prices were considerably higher, however. In 1869, McAllister of Philadelphia charged USD$ 24./Ozt.; Chamberlain in Boston charged ~USD$ 18.61/Ozt.
1867: 1 Troy Oz. Platinum (UK Bid: Scrap, Trade) = USD$ 6.74 (£ 1.00)
1867: 1 Ozt. Platinum (Paris: Mfg, Trade) = USD$ 9.18 (Fr 34.29)
1867: 1 Ozt. Platinum (Paris: Mfg, Trade) = USD$ 9.71 (Fr 36.29)
1867: 1 Ozt. Platinum (Paris: Mfg, Retail) = USD$ 12.49 (Fr 46.66)
1867: 1 Ozt. Platinum (US Import: Paris Mfg) ~ USD$ 13.60 (Fr 50.81)
1867: 1 Ozt. Platinum (USA: Paris Mfg, +25% Profit) ~ USD$ 17.
1867: 1 Ozt. Platinum (USA: Paris Mfg, +47% Profit) ~ USD$ 20.
1867: 1 Ozt. Platinum (UK: Semi-Mfg, Ret.) = USD$ 8.66 (£ 1.60)
1867: 1 Ozt. Platinum (USA, Ret. Import.+34% Profit) = USD$ 11.60 (£ 2.386)
1867: 1 Ozt. Platinum (UK: Ru Pt Scrap, Customs rate) = USD$ 7.57 (£ 1.10)
1868: 1 Troy Oz. Platinum (SPb-Paris:Ru Ingot, Bulk) = $4.50 (USD$ 6.30)
1868: 1 Ozt. Platinum (Paris: Mkt) = ~$ 6.075; USD$ 8.60 (Fr. 31.10)
c.1868?: 1 Ozt. Platinum (UK:Semi-Mfg, Trade-Ret.) = $ 7.26 ; USD$ 10.14 (£ 1.50)
1868: 1 Ozt. Platinum (USA: UK Semi-Mfg, US Ret. +50) = $ 10.89 ; USD$ 15.25
1868: 1 Ozt. Platinum (USA: UK Mfg, Imp. +40%) = $ 10.14 ; USD$ 14.20
1868: 1 Ozt. Platinum (USA: Hypo. Mfg, US Ret.+50%) = $ 15. ; USD$ 21.
circa December 31, 1898:
Citation: The Mining American, Vol. 39, p.13
1868/9: 1 Ozt. Platinum (London Import:Semi-Mfg) = $ 6.52; USD$ 8.67 (£ 1.34)
1868/9: 1 Ozt. Platinum (+15% Cost Basis:Semi-Mfg) = $ 7.50; USD$ 10.61
1868/9: 1 Ozt. Platinum (Merchant Importer: Semi-Mfg, Trade) = $ 7.75; USD$ 11.
1869: 1 Ozt. Platinum (Phila.: Semi-Mfg, Trade-Ret.) = $18. in Gold (USD$ 24.)
In the USA 1867/9, Platinumware importers paid a 40% tariff. Where a 60-Gallon Platinum Still ($15k) included the 40% tariff, the actual cost was $9,000., consistent with earlier French prices. (Unknown if shipping/delivery cost more, if this was built to spec in France or UK, etc.) Logically, 60-Gallon Still should include 1,390 Ozt Platinum.
1865: 28.548 Kg, holding 39.625 Gallons, cost Fr. 30,588.4 ($5,940.)
1865: 43.227 Kg, holding 60 Gallons, cost Fr. 46,317. ($8,994.)
1868: 1 Ozt. Mfg Platinum (Imported: Bulk) = $10.7914 (USD$ 15.11)
1868: 1 Ozt. Mfg Platinum (Cost: Bulk, Net Duty) = $6.475 (USD$ 9.06)
1869: a platinum still which holds 60 gallons and cost the modest sum of $15,000.
1875: "a platinum still which holds 80 gallons and cost the modest sum of $20,000. The capacity of this machinery is fourteen thousand pounds of acid a day, though only eight thousand pounds are now to be produced which is about the average consumption in this city alone."
Grove's Battery: Platinum Foil, 1.25 Sq. In. (2.5 Sq. In. Surface)
US Imports:
June 26, 2014
USA, 1861
1860: 1 Troy Ounce Platinum (Mfg: Crucible) = USD $ 14.40
1860: 1 Troy Oz. Platinum (Semi-Mfg: Foil) = USD $ 12.00
1860: 1 Troy Oz. Platinum (Semi-Mfg: Wire) = USD $ 12.00
1860: 1 Troy Oz. Platinum (Sponge, Trade) = USD$ 10.
1860: 1 Troy Oz. Platinum (Scrap, Mkt) ~ USD$ 7.25 - 7.66
1860: 1 Troy Oz. Platinum (Mkt) = USD$ 8.
1860: 1 Troy Oz. Platinum (Semi-Mfg: Foil) = USD $ 12.00
1860: 1 Troy Oz. Platinum (Semi-Mfg: Wire) = USD $ 12.00
1860: 1 Troy Oz. Platinum (Sponge, Trade) = USD$ 10.
1860: 1 Troy Oz. Platinum (Scrap, Mkt) ~ USD$ 7.25 - 7.66
1860: 1 Troy Oz. Platinum (Mkt) = USD$ 8.
Where Chas. T. Chester sold platinized Silver sheet per Ounce @ $8.00, 1 dozen No. 8 cost $6.80 or $ 0.567 per sheet, or $ 0.2159/per Sq. In.
A No. 8 Gauge Pure Platina Platinized Sheet 2.625 Sq. In. weighed 34 Grains Troy, just 12.95 Grains per Sq. In. (or, 16.935 cm² weighed 2.203 Grams, just 130 Mg per Sq. cm.)
Hypothetically, a No. 6 Gauge Pure Platina Platinized Sheet (@15 dwt. per dozen) 2.625 Sq. In. weighed 30 Grains Troy, just 11.43 Grains per Sq. In. (or, 16.935 cm² weighed 1.944 Grams, just 114.7869 Mg per Sq. cm.)
Hypothetically, a No. 6 Gauge Pure Platina Platinized Sheet (@15 dwt. per dozen) 2.625 Sq. In. weighed 30 Grains Troy, just 11.43 Grains per Sq. In. (or, 16.935 cm² weighed 1.944 Grams, just 114.7869 Mg per Sq. cm.)
Citation: Catalogue of Telegraph Material, manufactured by Charles T. & J. N. Chester, 104 Centre Street, New-York. With Appendix. Chester (C. T. and J. N.), Firm. (1861)
No. 56. – Grove Platina Plates: 3.5 in. long, 0.75 in wide
(2.625 Sq. In. or 5.25 Sq. In. Surface); rolled to any required gauge or
number. No. 8 gives 17 dwt to one dozen pieces; No. 9 gives 18 dwt.; and No. 10
gives 19.5 dwt, etc. No. 6 is as thin as it is ever advisable to roll platina;
it is used from No. 6 to No. 30.
No. 56 per Ounce .................................. $8.00
No. 56a Platina Gauge #8 ...................... $1.25
No. 56b Grove Battery Complete ........... $2.50
Where 879 Pounds Avd. is understood to be 12,818.75 Ozt,
1861/2: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2797
Where 11 Pounds Avd. is understood to be 160 Ozt,
1862: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2488
Where 897 Pounds Avd. is understood to be 13,081 Ozt,
1862: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2818
No. 56b Grove Battery Complete ........... $2.50
Where 879 Pounds Avd. is understood to be 12,818.75 Ozt,
1861/2: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2797
Where 11 Pounds Avd. is understood to be 160 Ozt,
1862: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2488
Where 897 Pounds Avd. is understood to be 13,081 Ozt,
1862: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2818
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