May 18, 2010

France, 1830s: Platina Imports from the USA; Falling Russian Price

In the 1820s, the Paris Platinum price probably peaked in 1825.

c.1825: 1 Troy Ounce Platinum (imported, Russia)  Fr 30. (USD$ 2.96)
1838: 1 Troy Ounce Platinum (imported, Russia)  Fr 15. (USD$ 2.96)


Citation: La France industrielle, manufacturière, agricole et commerciale (1838) p.423

c.1830: 1 Troy Ounce platina? (imported)  Fr 15. (USD$ 2.87)

Citation: Manuel de l'armurier, du fourbisseur et de l'arquebusier: ou Traité complet ... By A. Paulin-Désormeaux (1832), p.200

Other sources decry the 'accounting fiction' of the official French tariff on platina, taxing the ore at much higher than it's true price/cost.  It is, however, interesting to note that 261kg. of platina were shipped from the USA in 1837.
 
1837: 1 Troy Ounce platina (imported, tariff rate?)  Fr 93.31 (USD$ 17.83) 

Citation: Manuel de l'armurier, du fourbisseur et de l'arquebusier: ou Traité complet ... By A. Paulin-Désormeaux (1832), p.200

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