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Ch. 1: Gold and Silver in 1887

Ch. 1: Gold and Silver in 1887 Page of 36 Ch. 2: Platinum in 1887 Text size:minus plus Restore normal size   Mail page  Print this page
GOLD AND SILVER.
65
The price of silver varied considerably during the year, the high­est price being 47-1/8 pence per ounce (British standard), and the lowest 43-1/4 pence. The average price of silver during the year was about 98 cents per fine ounce.
The amount of silver purchased for the silver dollar coinage was 24,797,279 fine ounces, costing $24,221,257, the average cost to the Government being $0.9703 per ounce fine.
Eeports of the coinages executed by the mints of the world show that the coinage of the world during the calendar years 1884,1S85,1886> and 1887 was as follows:
This includes recoinages, which were not less in value than $10,000,000 in gold and $15,000,000 in silver in 1886.
9164 MIK------5
Ch. 1: Gold and Silver in 1887 Page of 36 Ch. 2: Platinum in 1887
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US Geol. Surv. 1887. Gemstones, Metals.
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