Annual Price & Purity Chart

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Estimated Annual and Quarterly Price per Pure Gram and Expected Purity of Powder Cocaine (Constant 2007 Dollars) ANNUAL Retail-Level

Dealer-Level

Dealer-Level

Price

Purity (%)

Price

Purity (%)

0.1-2 Grams

0.1-2 Grams

10-50 Grams

10-50 Grams

1981

613.10

0.40

327.15

49

1982

666.87

0.43

310.97

49

1983

537.22

0.49

249.30

61

1984

456.68

0.54

197.21

67

1985

455.99

0.51

197.73

62

1986

345.00

0.61

151.04

75

1987

294.46

0.73

114.07

81

1988

250.80

0.74

85.32

80

1989

218.36

0.69

77.55

74

1990

265.09

0.58

98.13

63

1991

225.59

0.63

77.99

74

1992

177.63

0.67

72.19

73

1993

174.79

0.69

73.84

67

1994

165.90

0.67

64.46

72

1995

202.35

0.61

67.19

68

1996

164.51

0.73

58.75

70

1997

161.23

0.65

60.60

69

1998

148.63

0.69

55.02

69

1999

155.35

0.65

58.05

64

2000

186.21

0.62

63.97

58

2001

194.11

0.58

62.47

53

2002

137.09

0.70

54.90

60

2003

147.67

0.69

51.89

62

2004

134.04

0.69

48.22

66

2005

132.07

0.68

42.80

68

2006

130.38

0.74

39.11

71

2007

121.82

0.64

48.32

59

Estimated Annual and Quarterly Price pe

Price Per Pure Gram in 2007 Dollars

Period

Retail-Level

700 650 600 550 500 450 400 350 300 250 200 150 100 50 0

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 8 8 8 8 8 8 8 8 8 9 9 9 9 9 9 Year

QUARTERLY Retail-Level

Retail-Level

Dealer-Level

Price

Purity (%)

Price

Dealer-Level Purity (%)

Period

0.1-2 Grams

0.1-2 Grams

10-50 Grams

10-50 Grams

1981Q1

727.30

0.3246

359.60

0.4664

1981Q2

630.05

0.3385

327.29

0.4997

1981Q3

494.34

0.4762

317.67

0.5032

1981Q4

602.47

0.4100

304.96

0.5078

1982Q1

673.35

0.3845

323.37

0.4841

1982Q2

761.67

0.4163

319.93

0.4595

1982Q3

583.63

0.4703

298.37

0.5000

1982Q4

653.57

0.4526

303.49

0.4981

1983Q1

652.08

0.4535

267.59

0.5850

1983Q2

535.77

0.5114

275.43

0.5529

1983Q3

484.08

0.4738

238.31

0.6234

1983Q4

479.66

0.5079

217.25

0.6656

1984Q1

425.37

0.5227

197.25

0.6867

1984Q2

497.81

0.5627

194.25

0.6868

1984Q3

453.22

0.5305

201.31

0.6534

1984Q4

452.12

0.5259

196.85

0.6471

1985Q1

520.66

0.5046

201.41

0.6207

1985Q2

432.52

0.5171

218.97

0.5691

1985Q3

456.76

0.4888

192.02

0.6315

1985Q4

416.67

0.5298

179.27

0.6677

1986Q1

350.48

0.5459

160.58

0.7251

1986Q2

379.77

0.6015

158.99

0.7304

1986Q3

354.28

0.6184

148.06

0.7531

1986Q4

296.13

0.6904

136.99

0.7737

1987Q1

368.14

0.7206

131.36

0.7980

1987Q2

320.82

0.7335

118.98

0.7904

1987Q3

246.30

0.7340

109.45

0.8057

1987Q4

242.71

0.7135

96.87

0.8299

1988Q1

228.31

0.7642

87.68

0.8361

1988Q2

239.42

0.6708

92.00

0.7769

1988Q3

301.41

0.7331

84.59

0.7812

1988Q4

235.35

0.7745

77.27

0.8191

1989Q1

213.91

0.7429

76.39

0.7971

1989Q2

216.26

0.7433

72.25

0.7442

1989Q3

236.67

0.6681

75.61

0.7363

1989Q4

207.91

0.6069

86.24

0.6877

1990Q1

241.47

0.6140

87.42

0.6564

1990Q2

260.57

0.5904

100.36

0.6001

1990Q3

310.15

0.5231

108.05

0.5989

1990Q4

249.41

0.5899

97.02

0.6632

1991Q1

221.51

0.6036

86.21

0.7024

1991Q2

219.40

0.6226

81.61

0.7252

1991Q3

247.57

0.6664

75.45

0.7556

1991Q4

215.18

0.6464

68.87

0.7796

1992Q1

178.38

0.6695

66.71

0.7551

1992Q2

178.51

0.6333

83.34

0.6639

1992Q3

168.25

0.6847

71.61

0.7305

1992Q4

186.17

0.7087

67.21

0.7534

1993Q1

176.41

0.6805

71.70

0.6796

1993Q2

204.63

0.6902

75.01

0.6705

153.75

0.6883

75.34

0.6739

1993Q4

164.73

0.6839

73.41

0.6672

1994Q1

158.35

0.6998

66.45

0.7087

1994Q2

178.38

0.6344

66.28

0.7370

1994Q3

156.05

0.6407

66.02

0.7040

1994Q4

170.89

0.6856

59.22

0.7384

1995Q1

183.65

0.7056

56.29

0.7557

1995Q2

218.96

0.5278

61.13

0.7115

1995Q3

199.85

0.6124

80.58

0.5986

1995Q4

207.65

0.6021

69.90

0.6439

1996Q1

179.17

0.6798

63.93

0.6778

1996Q2

162.98

0.6890

60.44

0.6700

1996Q3

193.75

0.7030

59.19

0.6951

1996Q4

121.27

0.8338

51.61

0.7703

1997Q1

159.57

0.6863

55.45

0.7251

1997Q2

168.67

0.5911

69.04

0.6237

1997Q3

158.36

0.6531

63.95

0.6608

1997Q4

158.36

0.6853

54.09

0.7371

1998Q1

121.60

0.7533

55.13

0.6813

1998Q2

171.33

0.6745

56.13

0.7189

1998Q3

139.93

0.6320

53.76

0.7082

1998Q4

161.69

0.6923

55.17

0.6689

1999Q1

166.19

0.6193

55.70

0.6450

1999Q2

136.69

0.6145

61.33

0.6314

1999Q3

154.40

0.6742

58.38

0.6245

1999Q4

164.34

0.6968

57.03

0.6431

2000Q1

183.61

0.6350

62.61

0.5987

2000Q2

165.99

0.6231

71.48

0.5251

2000Q3

242.13

0.5839

63.53

0.6047

2000Q4

153.73

0.6177

58.55

0.5759

2001Q1

188.47

0.6038

62.32

0.5336

2001Q2

166.12

0.5522

62.94

0.5365

2001Q3

218.70

0.6391

61.57

0.5447

2001Q4

203.44

0.5205

63.30

0.5222

2002Q1

137.97

0.6519

60.78

0.5430

2002Q2

119.45

0.7066

56.15

0.5864

2002Q3

170.86

0.7466

50.92

0.6606

2002Q4

120.25

0.6760

52.05

0.6136

2003Q1

143.38

0.7163

49.66

0.6272

2003Q2

145.71

0.7290

54.27

0.5987

2003Q3

153.31

0.6225

54.27

0.6239

2003Q4

147.77

0.7003

49.61

0.6434

2004Q1

157.72

0.6737

46.33

0.6594

2004Q2

117.16

0.7111

51.00

0.6273

2004Q3

122.12

0.7299

50.12

0.6665

2004Q4

139.07

0.6332

45.59

0.6723

2005Q1

123.84

0.6715

47.40

0.6440

2005Q2

138.99

0.6563

42.49

0.6635

2005Q3

150.40

0.6430

42.51

0.6817

2005Q4

115.89

0.7361

39.26

0.7218

2006Q1

115.83

0.7791

40.37

0.6784

2006Q2

144.99

0.7021

39.92

0.7316

2006Q3

119.96

0.7531

37.88

0.7227

2006Q4

140.68

0.7243

38.51

0.6958

Price Per Gram in 2007 Dollars

1993Q3

800 750 700 650 600 550 500 450 400 350 300 250 200 150 100 50 0 1981Q1 1983Q4 1986Q3 1989Q2 1992Q1 19

Y

Column B

2007Q1

107.09

0.6947

41.89

0.6729

2007Q2

127.08

0.5855

47.73

0.5880

2007Q3

135.33

0.5809

52.91

0.5336

2007Q4

119.24

0.7213

50.22

0.5657

nnual and Quarterly Price per Gram and Expected Purity of Powder Cocaine 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 0 0 0 0 0 0 0 0 8 8 8 8 8 9 9 9 9 9 9 9 9 9 9 0 0 0 0 0 0 0 0 Year

Column B Column C

0.85 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00

3Q4 1986Q3 1989Q2 1992Q1 1994Q4 1997Q3 2000Q2 2003Q1 2005Q4 Year

Column B

Column C

Estimated Quarterly and Annual Price per Expected Pure Gram of Crack Cocaine (Constant 2007 Dollars) ANNUAL Period

0.1-2 Grams

1-15 Grams

> 15 Grams

1986

418.44

202.65

141.81

1987

387.59

167.52

96.05

1988

270.47

125.53

82.20

1989

245.01

111.40

76.64

1990

294.66

162.01

111.71

1991

224.48

123.75

83.41

1992

247.88

117.54

76.61

1993

207.89

113.10

75.25

1994

200.87

96.55

66.23

1995

212.86

100.84

67.65

1996

187.63

91.71

61.93

1997

226.35

102.36

66.59

1998

181.38

89.20

59.63

1999

235.70

100.34

67.68

2000

252.65

111.59

72.03

2001

226.64

101.46

69.55

2002

206.63

93.18

62.33

2003

187.48

85.98

54.50

2004

178.55

83.16

50.87

2005

159.20

72.23

47.15

2006

152.58

69.64

44.43

2007

167.15

74.24

48.84

QUARTERLY Period

0.1-2 Grams

1-15 Grams

> 15 Grams

1986Q1

510.66

200.44

132.89

1986Q2

394.51

186.58

183.69

1986Q3

421.74

185.04

121.32

1986Q4

347.90

238.55

97.17

1987Q1

576.97

215.36

102.74

1987Q2

365.42

173.09

109.66

1987Q3

377.04

146.38

72.18

1987Q4

228.72

135.25

77.83

1988Q1

260.89

108.75

89.01

1988Q2

257.47

118.99

76.15

1988Q3

268.64

142.99

71.18

1988Q4

292.56

131.38

73.55

1989Q1

274.90

113.79

69.34

1989Q2

260.54

105.50

68.75

1989Q3

233.04

110.14

65.67

1989Q4

211.79

116.17

85.27

Period

0.1-2 Grams

1-15 Grams

> 15 Grams

1990Q1

247.88

142.12

98.18

1990Q2

309.48

180.82

118.91

1990Q3

329.09

170.93

115.12

1990Q4

297.55

154.18

88.81

1991Q1

252.59

146.32

84.34

1991Q2

250.30

133.64

81.49

1991Q3

226.79

110.32

78.57

1991Q4

170.97

104.72

69.93

1992Q1

224.58

101.18

66.95

1992Q2

286.93

131.44

81.56

1992Q3

257.33

119.75

74.35

1992Q4

209.28

117.80

65.92

1993Q1

208.79

111.48

68.25

1993Q2

225.13

117.88

80.55

1993Q3

190.56

119.92

69.48

1993Q4

207.92

103.10

65.38

1994Q1

211.51

93.82

63.90

1994Q2

192.83

104.28

63.98

1994Q3

199.22

97.15

62.91

1994Q4

201.08

90.96

58.92

1995Q1

192.46

90.17

58.45

1995Q2

198.08

97.92

61.01

1995Q3

207.23

115.43

68.39

1995Q4

253.34

99.82

67.19

1996Q1

177.19

93.72

60.23

1996Q2

184.46

87.76

59.31

1996Q3

194.04

91.48

56.23

1996Q4

195.48

93.86

57.76

1997Q1

189.85

91.56

56.58

1997Q2

271.72

118.82

72.56

1997Q3

224.62

103.82

65.11

1997Q4

219.74

95.22

56.87

1998Q1

187.07

86.53

57.55

1998Q2

188.14

88.60

55.16

1998Q3

166.67

90.97

53.81

1998Q4

184.11

90.69

58.31

1999Q1

285.84

111.19

72.71

1999Q2

226.79

94.89

62.91

1999Q3

206.12

92.47

60.14

1999Q4

229.47

102.80

59.49

Period

0.1-2 Grams

1-15 Grams

> 15 Grams

2000Q1

236.89

112.51

72.54

2000Q2

272.21

109.90

71.29

2000Q3

253.23

113.24

66.84

2000Q4

247.29

110.70

61.03

2001Q1

245.86

106.43

65.53

2001Q2

213.97

104.45

67.38

2001Q3

218.85

95.52

62.40

2001Q4

228.72

99.42

67.09

2002Q1

228.93

92.18

62.08

2002Q2

199.68

100.95

62.01

2002Q3

187.91

93.92

56.95

2002Q4

211.22

85.66

54.16

2003Q1

226.25

86.49

51.42

2003Q2

179.81

84.36

50.77

2003Q3

177.64

83.71

51.45

2003Q4

167.95

89.35

51.96

2004Q1

210.85

81.47

47.01

2004Q2

166.76

87.65

47.29

2004Q3

166.20

81.84

49.86

2004Q4

170.85

81.66

47.75

2005Q1

157.37

70.38

45.25

2005Q2

160.95

72.85

44.70

2005Q3

172.36

76.70

44.66

2005Q4

154.23

68.98

43.70

2006Q1

146.50

69.21

42.79

2006Q2

174.55

71.90

41.81

2006Q3

152.06

72.09

42.15

2006Q4

137.73

65.34

40.84

2007Q1

150.92

71.59

41.91

2007Q2

170.42

80.12

47.79

2007Q3

176.65

76.82

48.87

2007Q4

167.30

68.44

45.18

Annual average estimates of U.S. retail cocaine price and purity, 1981-2007 700

1.00

Price Per Pure Gram in 2007 Dollars

650

0.90

600 550

0.80

500

0.70

450

0.60

400 350

0.50

300

0.40

250 200

0.30

150

0.20

100

0.10

50

0 0.00 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 20 20 20 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 Year Column B

Column C

1.00 0.90 0.80 0.70 0.60 0.50 0.40 0.30 0.20 0.10

0.00 0 20 6 07

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