Showing posts with label Australia. Show all posts
Showing posts with label Australia. Show all posts

August 27, 2014

Australia, 1906


1905: 1 Troy Ounce Platinum (London: Bulk, Mkt) = £ 4.5167 (USD$ 21.99)



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

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

March 21, 2014

UK, 1896: Numismatic Prices for Pt Roubles


c.1896: 1 Troy Oz. Pt (London Mkt) = £ 1.75 - 2.25 (USD$ 8.56 - 11.)

Citation: Western druggist, Vol. 18 (1896) p.413


1896: 1 Ozt. Platinum (UK: Semi-Mfg) = £ 2.25 (USD$ 10.96)



Where a 3-Platinum coin weighed 10.35 Grams, .975 Pure Pt, the following 'Ask' prices likely exceed numismatic market prices. Avg Numismatic Ask: £ 4.75/Ozt;

3/1896: 1 Ozt. Pt Coin (Numismatic: 12-руб, Au-50) = £ 5.78 (USD$ 28.15)
3/1896: 1 Ozt. Pt Coin (Numismatic: 6-руб, Au-50) = £ 3.85 (USD$ 18.77)
3/1896: 1 Ozt. Pt Coin (Numismatic: 3-руб, MS-70) = £ 4.62 (USD$ 22.50)
  
March 1896:
Citation: The Numismatic Circular, Volumes 2-4 Apr. 1896 p.1654


10/1896: 1 Ozt. Pt Coin (Numismatic: 12-руб, Au-50) = £ 5.0 (USD$ 24.36)
10/1896: 1 Ozt. Pt Coin (Numismatic: 6-руб, Au-50) = £ 3.85 (USD$ 18.77)
10/1896: 1 Ozt. Pt Coin (Numismatic: 3-руб, MS-70) = £ 4.62 (USD$ 22.50)
10/1896: 1 Ozt. Pt Coin (Numismatic: 3-руб, MS-60) = £ 3.47 (USD$ 16.90)

October 1896:
Citation: The Numismatic Circular, Volumes 2-4 Nov. 1896 p.1970



Australia:




Assuming 76.90% Pt ore, w/ 5% Shipping and £ 0.0625 Refining Cost @ London:

1896: 1 Ozt. platina (UK: NSW.769) = £ 1.427
1896: 1 Ozt. platina (UK: NSW.769, net S/H) ~ £ 1.355
1896: 1 Ozt. Pt (UK: NSW.999) = £ 1.763
1896: 1 Ozt. Platinum (UK: NSW.999, net S/H, refined) = £ 1.825

1896: 1 Ozt. Platinum (Producer Cost: NSW Ore, Ref.) ~ £ 1.92


 




Australia, 1897


1897: 1 Troy Ounce Platinum (UK: Mkt, Refined) = £ 2.75 (USD$ 13.37) 

 
 Where Australia produced 1,966 Ozt  (61.15 Kgs) worth £2,949

1897: 1 Troy Ounce Platinum (Australia: Ore, Spot) = £ 1.50

Citation: Annual Report - New South Wales Department of Mines (1896-8) p.69

 

 
1897: 1 Troy Ounce Platinum (Australia: Spot, .999) = £ 1.75 - 2. 
1897: 1 Troy Ounce Platinum (Australia: ore 70% - 85% ) = £ 1.40 - 1.50
 

 

Australia:

Assuming 76.90% Pt ore, w/ 5% Shipping and £ 0.0625 Refining Cost @ London:

1897: 1 Ozt. platina (UK: NSW.769) = £ 1.
1897: 1 Ozt. platina (UK: NSW.769, net S/H) ~ £ 1.
1897: 1 Ozt. Pt (UK: NSW.999) = £ 1.
1897: 1 Ozt. Platinum (UK: NSW.999, net S/H, refined) = £ 1.

189: 1 Ozt. Platinum (Producer Cost: NSW Ore, Ref.) ~ £ 1.


 








March 1, 2014

UK (Australia), 1921



At times, the price of osmiridium is very high. In 1921, £42 10s. an ounce was being paid for it on the Tasmanian fields. The London price is said to have once touched the surprising figure of £85 an ounce.

February 1921: "The buyers of Tasmania's production of osmiridium are not quoting, and although recent sales were made on the basis of £34 per oz. for average metal, it is expected that the price will be serious reduced."

January(?) 1921: 1 Troy Oz. Osmiridium (Tasmania) = £ 42.50
February(?) 1921: 1 Troy Oz. Osmiridium (Tasmania) = £ 34.
  
August, 1921: 1 Troy Oz. Osmiridium (Tasmania) = £ 18.

August, 1921:

UK (Australia), 1919: Tasmanian Osmiridium

October?, 1919: 1 Troy Ounce Osmiridium (Tasmania) = £ 33.

UK (Australia), 1918: Osmiridium

DSQ 

January?, 1917: 1 Troy Oz. Osmiridium (Tasmania) = £ 11.
December?, 1917: 1 Troy Oz. Osmiridium (Tasmania) = £ 18.50
Best, 1917: 1 Troy Oz. Osmiridium (Tasmania) = £ 22.50

January, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75 
February, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75
March, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75
April, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75
May, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75
June, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75
July, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.75
August, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 33.
September, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 33.
Late October, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 37.375
November, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 15.
December, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 14.
January, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 7.90
January, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 7.90
January, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 7.90
January, 1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 7.90

 
1918: 1 Troy Oz. Osmiridium (Local High) = £ 14. - 15.
1918: 1 Troy Oz. Osmiridium (Mkt or avg?) = £ 27.90
1918: 1 Troy Oz. Osmiridium (Local High) = £ 37.25

1918: 1 Troy Oz. Osmiridium (Mkt) = £ 40.
1919?: 1 Troy Oz. Osmiridium (Local High) = £ 33.


"Platinum in 1918"

"The average price paid for crude osmiridium in the Tasmanian markets during 1918 was £20 7s. ($98.90) an ounce, the highest point, £37 7s. 6d. ($181.62) an ounce, being reached just before the armistice was signed, but after that time the price broke to £15 ($72.90) an ounce."

February 24, 2014

UK, 1911

Australia produced 184 Ozt platina valued at £ 989.

1911: 1 Troy Oz. Platinum (Australia: Mkt) = £ 5.375 (USD$ 26.12)

June 1911: 1 Troy Oz. Platinum (New York Mkt) ~ £ 8.80 (USD$ 42.75)

August 1911: 1 Troy Oz. Platinum (New York Mkt) ~ £ 9.16 (USD$ 44.50)


January 1911: 1 Troy Oz. Platinum (London Mkt) = £ 8.33 (USD$ )
February? 1911: 1 Troy Oz. Platinum (London Mkt) = £ 8.78 (USD$ )
May 1911: 1 Troy Oz. Platinum (London Mkt) = £ 8.95 (USD$ 43.50)
June 1911: 1 Troy Oz. Platinum (London Mkt) = £ 9.06 (USD$ )

Citation: The Chemical world, Vol. 1 (Oct. 1912) p. 354


 


Citation: The Economic World, Vol. 87 (6/17/191) p. 20


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

February 5, 2013

Australia/UK, 1943



Citation: The Mining Magazine - Vol. 68 (1943) p.108
Platinum. — Prices remain at the level at which they have stood for a long time — namelv, £ 8 10s. to £8 12s. lxl. per troy oz. for ... Whilst official buying prices here still range from 55s. to 100s. per unit f.o.b. producing country most of the material is ... Virgin ingots, minimum 99%, are still priced at £110 per ton delivered.



1943: 1 Troy Ounce Platinum (ore, NSW) = £ 6.3724 (USD$ )
1945: 1 Troy Oz. Platinum (ore) = £ 11. (USD$ )

1925: 1 Troy Oz. Osmiridium (ore, Tasmania) = £ 30.7786 (USD$ )
1925: 1 Troy Oz. Osmiridium (ore, Cited High) = £ 31. (USD$ )

1938: 1 Troy Oz. Osmiridium (ore, Cited Low) = £ 0.7667 (USD$ )
1938: 1 Troy Oz. Gold (Fine, mkt) = £ 8.69 - 9.14 (USD$ )


1940: 1 Troy Oz. Osmiridium (ore, Rise) = £ 25.9542 (USD$ )
1940: 1 Troy Oz. Gold (Fine, mkt) = £ 10.4167 - 10.671 (USD$ )


1945: 1 Troy Oz. Osmiridium (ore, 'High') = £ 25.525 (USD$ )
1945: 1 Troy Oz. Osmiridium (ore, avg.) = £ 24.45 (USD$ )
1945: 1 Troy Oz. Gold (Fine, mkt) = £ 10.6 - 10.74 (USD$ )





"...following demands for war purposes the price rose steadily, reaching an all-time high of 119 dollars an ounce in 1925." 

 Citation: Official Year Book of the Commonwealth of Australia No. 37 - 1946 and 1947; Australia. Commonwealth Bureau of Census and Statistics. p. 832; p.620

July 9, 2012

UK, 1909: Price-Hike for Australian Ore

1909: 1 Troy Ounce platina (Australian Ore, intrinsic) = £ 2.875 (USD$ 14.00)
1909: 1 Ozt. platina (Australian Ore, intrinsic) = £ 3.75 (USD$ 18.27)
1909: 1 Ozt. Platinum ~ £ 4.3545 (USD$ 21.21)
1909: 1 Troy Ounce of Platinum = USD$ 24.87

Citation: Treatise on general and industrial inorganic chemistry, By Ettore Molinari (1920) p.850




See Official Year Book of the Commonwealth of Australia No. 4 - 1911 ; Commonwealth Bureau of Census and Statistics.


"In September 1909, the price paid locally {Fifield/Parkes, NSW} for the Platinum was increased from £ 2 17s. 6d. to £ 3 15s." 75-90% purity

 

1920s Assay?

Citation: Geological Survey Professional Paper, Vols. 630-631


1909: 1 Troy Oz. Rhodium = £ 20.22 (USD$ 98.45)

Rhodium was 13 shillings per gram in 1909.

July 3, 2012

UK, 1910 -1924: Osmium in Tasmania

1910- 1924: Iridosmine (Osmium-Iridium) in Tasmania, Australia

Assay, c.1913:

1912:
 


June 1910: 1 Troy Oz. Osmiridium (Tasmania) = £ 4.417

March-June, 1910:



See also: Official Year Book of the Commonwealth of Australia, Issue 27; Issue 1934 p.451

1910: 1 Troy Oz. Osmiridium (Tasmania) = £ 4.33

1911: 1 Troy Oz. Osmiridium (Tasmania) = £ 4.384
1911: 1 Troy Oz. Osmiridium (High, Mkt) = £ 7.50

1912: 1 Troy Oz. Osmiridium (Mkt) = £ 7.371

1913: 1 Troy Oz. Osmiridium (Mkt) = £ 9.53
1914: 1 Troy Oz. Osmiridium (Tasmania) = £ 5.675
1914: 1 Troy Oz. Osmiridium (Mkt) = £ 9.89
1915: 1 Troy Oz. Osmiridium (Tasmania) = £ 6.40

1916: 1 Troy Oz. Osmiridium (Tasmania) = £ 8.55
1917: 1 Troy Oz. Osmiridium (Tasmania) = £ 11.
1917: 1 Troy Oz. Osmiridium (Mkt) = £ 14.75
1917: 1 Troy Oz. Osmiridium (Mkt) = £ 18.50
1917: 1 Troy Oz. Osmiridium (Best Quality) = £ 22.50

1918: 1 Troy Oz. Osmiridium (Tasmania) = £ 7.90
1918: 1 Troy Oz. Osmiridium (Local High) = £ 14. - 15.
1918: 1 Troy Oz. Osmiridium (Mkt or avg?) = £ 27.90
1918: 1 Troy Oz. Osmiridium (Local High) = £ 37.25

1918: 1 Troy Oz. Osmiridium (Mkt) = £ 40.
1919: 1 Troy Oz. Osmiridium (Local High) = £ 33.










UK (Australia), 1920: Tasmanian Osmiridium


February, 1920: 1 Troy Oz. Osmiridium (Tasmania) ~ £ 40. (USD$ )
March, 1920: 1 Troy Oz. Osmiridium (Tasmania) = £ 42.50 (USD$ 155.55)
December, 1920: 1 Troy Oz. Osmiridium (Tasmania) ~ £ 35. (USD$ )
Dec. Low, 1920: 1 Troy Oz. Osmiridium (Tasmania) ~ £ 30. (USD$ )
 
  March, 1920: Osmiridium Price Price in Tasmania, Australia?









1918-1919: A 'significant' export of Osmiridium from Papua (reported in Pacific Ports Manual, 7th Ed. 1921) was presumably declared in avoirdupois ounces (hence, 5.5 lbs. avd or 80.66 Troy Ounces.) A packet of 2.5 lbs. avd is 36.46 Troy Ounces, whereby a single opportune discovery (in the rainy season, April 1919?) represented nearly half the entire Papuan export for that year.



c.January 1920: 1 Troy Oz. Osmiridium (London) ~ £ 32.91 (USD$ 156.66)



Anecdotal, by August 1921:


1920: USGS market prices suggest January 1920 price for the Osmiridium quotation; US imports of osmiridium were nearly four times higher in 1920.



May 18, 2011

UK/Australia, 1933: Osmium

Citation: Official year book of the Commonwealth of Australia; Commonwealth Bureau of Census and Statistics, Australian Bureau of Statistics (1935) p.637

UK/Australia, 1940: Osmium

Citation: Official Year Book of the Commonwealth of Australia No. 33 - 1940 By Australia. Commonwealth Bureau of Census and Statistics p.992

April 23, 2011

Australia, 1896

1896: 1 Troy Ounce Platinum (UK: Semi-Mfg) = £2.25 (USD$ 10.96)




Australian platina:
 




Early Estimate.

 

Where Australia produced 2,438 Ozt  (75.83 Kgs) worth £3,479

1896: 1 Ozt. platina (Australia: 75% Ore, Export Spot) = £ 1.427 (USD$ 6.95)
1896: 1 Ozt. Pt (Australia: 75% Ore, @.999 Export) = £ 1.903 (USD$ 9.27)

  Citation: Annual Report - New South Wales Department of Mines (1896-8) p.69



As reported July 1896: 

1896: 1 Ozt. platina (Australia: 75% Ore, Spot) = £ 1.25 (~USD$ 6.)