Average prices for wild Ginseng, Sept. 1st, 1902, $5.10
Average prices for wild Ginseng, Sept. 1st, 1903, $6.20
Average prices for wild Ginseng, Sept. 1st, 1904, $7.40
Average prices for wild Ginseng, Sept. 1st, 1905, $7.00
Average prices for wild Ginseng, Sept. 1st, 1906, $7.00
Average prices for wild Ginseng, Sept. 1st, 1907, $7.00
The prices as published, it will be noticed, were average prices paid for wild Ginseng September 1 of each year. Wild Ginseng has usually sold higher in the season, say October and November. Late in the season of 1904 it sold for $8.50 for good Northern root, which we believe was the top notch for average lots.
From 1860 to 1865, Ginseng ranged from 66c to 85c per lb., and from that period until 1899 it gradually increased in price until in September of that year it brought from $3.50 to $6.50 per lb., according to price and quality. In 1900 prices ruled from $3.00 to $5.75 per lb., but this was due to the war then existing in China which completely demoralized the market.
1901 prices ranged from $3.75 to $7.25
1902 prices ranged from $3.50 to $6.25