June 14, 2012

USA, 1908



1906-08:

Citation: The Mineral Industry, Vol. 17 (1912) p.711



1908: 1 Troy Ounce platina (US ore, NY Spot) = $ 16.80
1908: 1 Troy Oz. Platinum (85% ingot, NY Spot) = $ 25.50 - 18.75
1908: 1 Troy Oz. Platinum (semi-mfg, whols.) = $ 35.
1908: 1 Troy Oz. Osmium (US ore, whols.) = $ 16.

June, 1908:



July, 1908:

 Late July, 1908:


 




Mid-August, 1908:


August Low, 1908:



 
  


September, 1908:

9/1908: 1 Troy Oz. Platinum (Bid) = $ 17.50
9/1908: 1 Troy Oz. Platinum (Ask) = $ 20.
9/1908: 1 Troy Oz. Iridium (Mkt) = $ 30.
9/1908: 1 Troy Oz. 85%-15% Pt-Ir (Mkt) = $ 21.50
9/1908: 1 Troy Oz. 85%-15% Pt-Ir (Mkt) = $ 22.50
    









October, 1908:









November, 1908:









December, 1908:






c.1908/9:


1908:



Justi Crowns and Iridio-Platinum Pins (~ ? g.)



Tariff Duty Requested


USA, 1906: US Monthly Prices, Russian Platina High

New York Monthly Prices & Scrap Rate


1906: 1 Troy Ounce Platinum (Refined, Spot) = USD$ 28.21
1906: 1 Troy Oz. Platinum (Bid: Scrap) = USD$ 22.

Citation: The Mineral Industry, Vol. 15 (1906) p.653


Where Platinum Foil was sold at $10./oz, an Ounce of Platinum Chloride was nearly double the price.  But these trade prices seem impossibly low, half the market-price for Platinum ingot and below the Russian source prices.

November, 1906: 1 Troy Oz. Platinum (Semi-Mfg, Foil, 50%?) = USD$ 10. -16.
November, 1906: 1 Troy Oz. Platinum Chloride (PtCl2, 29%? Ret.) = USD$ 18.50


Citation: Prices Current, Drugs Chemicals & Oils; Fuller & Fuller Co., Chicago (Nov. 1906)
 


 





1906-08:

Citation: The Mineral Industry, Vol. 17 (1912) p.711

 
June/July, 1906:

June-July, 1906: 1 Troy Oz. Platinum (85%, NY Spot) = USD$ 25.50 - 26. 
June-July, 1906: 1 Troy Oz. Platinum ('hard' ingot, NY Spot) = USD$ 27.50 - 28.
June-July, 1906: 1 Troy Oz. Platinum (Scrap, NY Spot) = USD$ 18.50 - 20.


Citation: Electrical Review, Vol. 51 11/23/1907:



1906: 1 Troy Oz. platina (Russian ore, Spot) = USD$ 17.04 - 33.25
1906: 1 Troy Oz. Platinum (85% ingot, NY Spot) = USD$ 20.50 - 38.

September 1906: 1 Troy Oz. Platinum = USD$ 34.
1906 (?): 1 Troy Oz. Osmium = USD$ 21.

Citation: Tables of Minerals: Including the Uses of Minerals and Statistics... Samuel Lewis Penfield




October, 1906: 1 Troy Oz. Platinum (refined, semi-mfg, whols.) = £ 9.39 (USD$ 45.55)

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

The intrinsic value of the US Silver Dollar was only worth about $ 0.50 in New York & London.

June 11, 2012

USA, 1922

1922: 1 Troy Ounce Platinum (US ore, intrinsic) = USD$ 70. - 113.
1922: 1 Troy Oz. Iridium (US ore, intrinsic) = USD$ 160. -225.


Platinum needles:11/1922


California mineral production for 1922; Walter W. Bradley (1923) p.55
http://archive.org/stream/1922forniaminera00bradrich#page/58/mode/2up

June 2, 2012

Chlor-platinates

c.1859: Double Salt, at 28% purity



By fluid volume, there were 0.44 - 0.88 English Troy Grains pure Pt per Imperial fluid ounce of bichloride solution



 26.5% Pt

June 1, 2012

UK, 1859

Refiners undoubtedably reaped greater savings with discounted bulk purchases or contract prices far lower than 'common prices.'  In 1859, Platinum still sold at the same 1850 wholesale price, strongly suggesting source- and spot-price stability.

Assuming a Price/Weight set by Specific Gravity of 21.5, a kilogram of Russian scrap, large bulk, cost £ 24.90 -26.00 and sold £ 40., a 62% markup.

1859: 1 Troy Ounce Pt (SPb, Bulk Ore) = £ 0.7737 - £ 0.8086 
1859: 1 Ozt. platina (SPb, Bulk Ore) = £ 0.745 - £ 0.760 

1859: 1 Ozt Platinum (SPb, Bulk Refined) ~ £ 0.9283 - 0.9701
1859: 1 Ozt. Platinum (SPb, Same, Cash-Rate) ~ £ 0.8947 - 0.9127

1859: 1 Ozt. Platinum (UK Mkt: Scrap?) =                          £ 1.25 (USD$ 6.13)
1859: 1 Ozt. Platinum (UK Mkt: Producer?) =                   £ 1.50 (USD$ 7.35)

1859/60: 1 Ozt. Platinum (Intrinsic, Bulk) =                     £ 1.35 (USD$ 6.62)
1859/60: 1 Ozt. Gold (Intrinsic, Common) =                     £ 3.66 (USD$ 17.92)
April 1860: 1 Ozt. Platinum (Refined, Retail) =               £ 1.60 (USD$ 7.11) 

Oct.? 1860: 1 Ozt. Platinum (UK Mkt: Assumed) = £ 1.35 ($ 6.57)

March, 1859: 
1859: 1 Ozt platina (Cartagena Export, 84% ore @ SG 21.5) = £ 0.8653

 
January, 1859:

Citation : The Photographic News; ed. W. Crookes. Vol. 1/7/1859 p.214
 


1859/60: retail price

Citation : The Chemical news, Vols. 1-2 (1860) p.216

a 2"x6" (12 sq. in, 24 sq. in of surface) sheet Platinum cost ~£ 0.35 (~0.22 Ozt) 47% of the Grove-Styled 20-Cell described by Wylde.  Each Cell would presumably hold .6 sq. in. (1.2 sq. in. surface) Platinum, about 5.3 Grains Troy per Cell.

Very Thin Sheets:  ~£ 0.029167 per sq. in. Pt and 54.86 Sq In. Pt (109.71 Sq. In.) per Ozt.  

Citation: The magic of science, a manual of easy scientific experiments; James Wylde (1859)
 

The counterfeit US Eagles of the 1850s were mention  in 1918.

Citation : Mechanics Magazine ; John I Knight, Henry Lacey (1860) p.363

1859: 1 Troy Oz. Chlor-platinate (salt, unknown purity) = £ 1.20 (USD$ 5.88)

Citation: The Photographic Journal, Vol. 5 1859