April 29, 2010

France, c.1814: Refined Price Level Drops by >56%

After 1812 and probably in 1813/4, the refined Price of Platinum in Paris fell by at least 56%. 

1816: 1 Troy Ounce Platinum (manufactured)  = Fr 18.29 (USD$ 4.)
1816: 1 Troy Ounce Platinum (refined)  = Fr 15.24 (USD$ 3.34)


Citation: Bulletin de la Societe D'Encouragement, 1817, p.33-5.




"The price of this metal has fallen by half."
c.1817
Citation: Traité élémentaire de pharmacie théorique: d'après l'état actuel de la chimie; By Joseph Bienaimé Caventou (1819) p.696

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