Showing posts with label 1905. Show all posts
Showing posts with label 1905. Show all posts

August 27, 2014

Australia, 1905

1905: 1 Troy Ounce platina(NSW: Bulk, Mkt) = £ 2.0729 (USD$ 10.09)
1905: 1 Troy Oz. Platinum (London: Bulk, Mkt) = £ 4.5167 (USD$ 21.99)

Citation: E/MJ, Engineering and Mining Journal, Vol. 83 (5/11/1907) p.907

April 22, 2014

France, 1905


Suspect US prices

March, 1905: 1 Troy Ounce Platinum = Fr 115.08

Citation: Revue de métallurgie, Vol. 4 (1907) p.347




1905: 1 Ozt. Platinum = Fr 101.09 - 102.64 (USD$ 19.74 - 20.05)

Citation: Traité de chimie minérale, Volume 5 ; Henri Moissan, Marcel Guichard (1906), p.453


January 1905: 1 Ozt. Platinum (Mkt.)  = Fr 102.64 (USD$ ) 

Citation: Angewandte Chemie: Vol. 21 - Page 2597


??: 1 Ozt. Platinum (Mkt.)  = Fr 97.04 (USD$ )   
 November 1905: 1 Ozt. Platinum (Mkt.)  = Fr 105.75 (USD$ )   

November, 1905:






1904/5?: 1 Ozt. Platinum (Mfg.)  = Fr 72.575 (USD$ ) 
  
Citation: Les industries céramiques: Fascicule premier. Argiles et kaolins. Leon Lefêvre (1906) p.43

February 6, 2013

UK, 1905

1905: 1 Troy Ounce Platinum (bulk, mkt) = £ 4.5167 (USD$ 21.99)
1905: 1 Troy Oz. platina (Ural Spot, 82%) = £ 4.3875 (USD$ 21.364)
1905: 1 Troy Oz. platina (Ural Spot, at purity) = £ 5.3506 (USD$ 26.05)

June 1905: 1 Troy Ounce Platinum (bulk, mkt) = USD$ 20.50 (£ 4.21)

Citation: The Mineral Industry, Vol. 17, 1909 p.314


October 1905:
Where Pistrucci's 1838 Coronation Medal in Gold was valued at £ 4.99/Ozt when London Spot Gold was £ 4.244, the numismatic premium on an 1838 Pistrucci Medal was 17.52%.

It appears the same premium on an 1838 Pistrucci Platinum Medal was ~38.8%.

October 1905: 1 Troy Oz. Platinum (Mkt)  ~ £ 7.983 ()
October 1905: 1 Troy Oz. Platinum (Medal, Numismatic)  ~ £ 11.

October 1905: Est. 33.9 g Platinum Medal (Numismatic) = £ 12.

1838 UK Coronation Proof:

 
Generic:
 

1905: Australian production

October 2, 2012

Colombia, 1905

In 1905, the total Colombian platina yield (82% ore) was estimated at 923.86 kgs (757.56 kgs. Pt .999); the US export (~112 kgs.) was just ~12% the total.

1905: 1 Troy Ounce platina (Colombian ore, Spot, Est. 80%) ~$ 4.75 - 5.

1905: 1 Troy Oz. Pt (Colombian Spot, @ .999) ~ USD$ 5.94 - 6.27

1905: 1 Troy Ounce platina (NYC: Ore, 80%) = USD$ 14.40 - 15.20
1905: 1 Troy Oz. Pt (Ore @ .999) = USD$ 18. - 19.
1905: 1 Troy Oz. Platinum (NYC: mkt) = USD$ 20.34


Citation: The Jewelers' Circular, Vol. 81, Issue 2 p.89 (9/3/1920)











Gold
Citation: United States Congressional Serial Set, Issue 5141 (1907) p.134 


August 22, 2011

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


March 3, 2011

USA, 1860: Ritchie's Catalogue (Boston); Lazell, Marsh & Gardiner's Catalogue



E.S. Ritchie & Sons Illustrated Catalogue of Philosophical Instruments, and School Apparatus (1860) offered Troughton and Simms sextant for USD$ 60., the quadrant for $15. 





1858: 1 Troy Ounce Platinum (Mfg: Spoon) = USD $ 28.80
1858: 1 Ozt. Platinum (Mfg: Crucible) = USD $ 14.40
1858: 1 Ozt. Platinum (Semi-Mfg: Foil) = USD $ 12.00
1858: 1 Ozt. Platinum (Semi-Mfg: Wire) = USD $ 9.60
1858: 1 Ozt. Platinum (Scrap, SOLD) = USD $ 8.00

1859: 1 Ozt. Platinum (Mfg: Spoon) = USD $ 28.80 
1859: 1 Ozt. Platinum (Mfg: Crucible) = USD $ 14.40 
1859: 1 Ozt. Platinum (Semi-Mfg: Foil) = USD $ 12.00 
1859: 1 Ozt. Platinum (Semi-Mfg: Wire) = USD $ 9.60  
1859: 1 Ozt. Platinum (Scrap, SOLD) = USD $ 8.00

Lazell, Marsh & Gardiner's Prices current of foreign and domestic drugs (1860):

p.16 "Platina, capsules........ 0 03 [cents] grain
[Do.] Crucibles................... 0 03 [cents] grain
[Do.] Foil........................... 0 025 [cents] grain
[Do.] Wire.......................... 0 025 [cents] grain"

1860: 1 Troy Ounce Platinum (Mfg: Crucible) = USD $ 14.40
1860: 1 Ozt. Platinum (Semi-Mfg: Foil) = USD $ 12.00
1860: 1 Ozt. Platinum (Semi-Mfg: Wire) = USD $ 12.00  
1860: 1 Ozt. Platinum (Sponge, Trade) = USD$ 10.

1860: 1 Ozt. Platinum (Scrap, Mkt) ~ USD$ 7.25 - 7.66
1860: 1 Ozt. Platinum (Mkt) = USD$ 8.
 
By 1860, the Russian Platinum Rouble had then been demonetized for nearly 20 years, but the US Mint Director's valuation remains the standard Rouble forex (3x $ 0.795 = $2.39)

The second coin, of USA manufacture, dates to the Bollman period. It may be referenced directly to trial-blanks requested by President John Quincy Adams in a letter from 1831.

At 0.7176 - 0.7181 Troy Ounce, the intrinsic value of the actual US Platinum coin  (@ "USD$ 3./oz") was $2.1544 in 1813/4.  The contemporary 1828 Russian Rouble was ~97% pure.

Weight: 344.5 Grains Troy
Specific gravity: 20.9
Diameter: 32.6 mm.




1860: 1 Troy Oz. Platinum (US Coin, intrinsic) = USD$ 7.6644 - 7.6588 
1859/60: 1 Troy Oz. Platinum (Russian Coin, intrinsic) = USD$ 7.23

Citation: A description of ancient and modern coins: in the cabinet collection at the United States Mint; Bureau of the Mint, James Ross Snowden (1860)

Where the Silver Rouble was worth $ 0.795, the commercial value of a 3-Rouble Coin would be USD$ 2.39; the intrinsic value should have been $2.53.


Citation: A description of ancient and modern coins: in the cabinet collection at the ... US Bureau of the Mint, James Ross Snowden


1) 1860: 1 Troy Oz. Platinum (Rouble Rate) ~ USD$ 7.25

 Exchange Rate in 1858:<




1860: 1 Troy Oz. Gold (Fine, US Value) = USD$ 20.672
1860: 1 Troy Oz. Platinum (Mkt) ~ USD$ 6.89

Citation: American Journal of Numismatics, Vol. 5-8 (Jan. 1874)



1860: 1 Troy Oz. Gold (Fine, US Value) = USD$ 20.672





1860: 1 Troy Oz. Platinum (Mkt) = USD$ 8.

1860: 1 Troy Oz. French Dental Alloy (Trade: Ag/Pt, 70/30?) = USD$ 6.50
1860: 1 Troy Oz. Platinum (Trade: Sponge) = USD$ 10.
1860: 1 Troy Oz. Platinum (Bid: Scrap) = USD$ 6.
1860: 1 Troy Oz. Silver (Trade: Whols. ) = USD$ 2.
1860: 1 Troy Oz. Silver (Retail: Dental) = USD$ 22.

The common price (market, or 'Spot') was $8. per Ounce Troy.

Citation: New York Dental Journal, Vol. 3 (April 1860) p.107


Importers' wholesale prices to the trade were on the lower range, $6.50 - 7.50, though likely a French alloy Pt/Ag (30/70?)
 
 


EAL Roberts' prices:
Citation: New York Dental Journal, Vol. 3 (April 1860) p.107



In 1860, the retail price for imported Platinum dental products in Indiana is highly illustrative: Platinum plate dentures were 25% > 60% more expensive than Gold and 108% - 167% more expensive than Silver. (Where the price of the dentist's labor and other parts may be presumed the same, the mark-up is entirely dependent on the metal price.)

Where dental Gold was 19-20k (80-83% pure) and Platinum plate required a greater thickness & weight.

If teeth with rims cost $95.-110., the Platinum may have been billed ~ $60./oz.

Citation: New York Dental Journal, Vol. 3 (April 1860) p.53

Ritchie's Catalogues don't show Platinum prices until 1886, which suggests this Boston wholesaler was not a major dealer/importer of the metal.


Circa 1855 and in 1860, Platinum spatula were sold for $1.50, $2., and $2.50; (1860) Pt pendant spoon & rod $1. Luhme of NYC (1857) and others offered Grove's Battery in various sizes at the same prices, suggesting Ritchie's Pt price in manufactures was higher than New York prices.

Citation: Ritchie’s illustrated catalogue of philosophical instruments, and school apparatus. (Boston) 1860



A successor to Daniel Davis, Jr.'s 1836 establishment, Thomas Hall’s illustrated catalogue of telegraph instruments, chemicals, and materials (Boston : Wright & Potter, 1860) didn't advertise Platinum foil or strips either, but sold the Grove Battery "with heavy Platinum strips three inches and a half long and three-quarters of an inch in width" (2.625 sq. in, or 5.25 sq. in. surface area) for $1.50 (or $2., according to another price at rear.) 

Where Platinum was rated at ~$8./ozt by US Customs, the amount (USD$ 64,572) imported was 8,071 Ozt.


Where the $10 Eagle of 258 Grains (0.5375 Ozt)


As reported in 1907.




Citation: Collection of Pamphlets on Coinage, Vol. 11, Issue #7  p.118


 



Reported in 1878; up to c.1867:

January 8, 2011

USA, 1905: Catalogue (Denver Fire & Clay)

Cited as 'recent' but not absolute Platinum High.

1905: 1 Troy Ounce platina (NYC: Ore, 80%) = USD$ 14.40 - 15.20
1905: 1 Troy Oz. Pt (Ore @ .999) = USD$ 18. - 19.

1905: 1 Troy Oz. Platinum (semi-refined, whols.) = USD$ 20.
1905: 1 Troy Oz. Platinum (refined, retail) = USD$ 20.25 - 20.50
1905: 1 Troy Oz. Platinum (manufactured, retail) = USD$ 24.50
Citation: Mineral resources of the United States (1905) p.360


September, 1905: 1 Troy Oz. Platinum (Mkt) = $ 20.50
September, 1905: 1 Troy Oz. Platinum (Semi-mfg, Whols.) = $23.


1905: 1 Troy Oz. Ruthenium = $ 155.50
1905: 1 Troy Oz. Palladium = $ 46.65
1905: 1 Troy Oz. Iridium = $ 77.75

1905: 1 Troy Oz. Silver (market) = $ 0.6221
1905: 1 Troy Oz. Silver (refined, semi-mfg) = $ 1.00

1905: 1 Troy Oz. Gold (Mkt) = $ 20.67
1905: 1 Troy Oz. Gold (Chemically Refined) = $54.43

July, 1905:


Late August 1905 news:


Citation: Illustrated and priced catalogue of assayers' and chemists' supplies By Denver Fire Clay Company (1905)


























General Summary, 1905-7:



1905: 1 Troy Ounce Palladium = USD$ 30. - 35.

1908: 1 Troy Ounce Palladium = USD$ 40.

1902-04: 1 Troy Ounce Palladium (ore) = CDN$ 21.40

1902 - 04:
Citation: Annual report on the mineral production of Canada; Dominion Bureau of Statistics, Geological Survey of Canada p.149



1905:
Citation: Platers' guide: with which is combined brass world, Vol. 1 (1905)p.414


1908:
Citation: Business aid, Vol. 2 (1909) p.189


1901-14: Spot Prices for Russian platina, in Russia

1905: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 17.03

Citation: Bulletin of the Pan American Union, Vol. 45 (1917) p.618