May 18, 2010

France, 1840

In 1825, Platinum rose to ~Fr 64 in Paris, but as a traded imported commodity at the Price of Gold elsewhere. 

By 1840 the Price of Platinum had fallen 50-60%.

1840: 1 Troy Ounce Gold (Market) = Fr 106.93 (USD$ 20.62)
1840: 1 Troy Ounce Platinum (Mkt) ~ Fr 21. - 32. (USD$ 4.- 7.)
1840: 1 Troy Ounce Silver (Mkt) = Fr 6.91 (USD$ 1.34)


Citation: Encyclopédie du commerçant. Dictionnaire du commerce et des marchandises ; Guillaumin( 1840) p.165








Citation: Encyclopédie du commerçant. Dictionnaire du commerce et des marchandises ; Guillaumin( 1840) p.1764


c.1839: 1 Ozt. Platinum (Semi-Mfg, Bulk ) = Fr 26.41 (USD$ 5.15)
c.1839: 1 Ozt. Platinum (Mfg, Bulk) = Fr 30.48 (USD$ 5.94)
  The price of many of their products is to 26-30 Fr (7-8 Thaler.) per Once (p.d.m.) of two Loths.

Citation: Allgemeines Organ für Handel und Gewerbe und damit verwandte ..., Vol. 6 (April 1840) p.165

From 1820 (?) - 1840, the Paris market price of Platinum notably rose +40%. It's unclear exactly when the refined semi-manufactured retail price was Fr 20.32.

c. 1820: 1 Troy Ounce Platinum in Paris (refined, mkt) = Fr 20. (USD$ 3.61)

1839: 1 Troy Oz. platina (Russian ingot) ~ Fr 15. - 16. (USD$ 3. - 3.20)
c.1840/1: 1 Troy Oz. platina ~ Fr 6. (USD$ 1.20)

c.1842: 1 Troy Oz. Platinum (Refined, Mkt) = Fr 20.32 (USD$ 3.92)

c.1840: Referring to Platinum coinage discussions of 1815, and noting the withdrawal of the Russian Platinum coinage (1840.) Another reference to Platinum valued at the Price of Gold (before 1800?), perhaps to telescope manufacture?

Citation: Notions elementaires des sciences naturelles et physiques, cours ..., Vol.3; Charles Morren (1843)


c.1843

Citation: Éléments de l'économie politique; Joseph Garnier (1846) p.140


c.1839/40: Referring to Russia's Platinum coinage in the present tense. The reference to periods of lower Platinum prices likely refers to 1830-1 and 1815-20 (although this young chemist would have known this only by hearsay.)

c.1820?: 1 Ozt Platinum (Semi-Mfg, Bulk) = Fr 20.31 (USD$ 3.67)
c.1840: 1 Ozt Platinum (Semi-Mfg, Bulk) = Fr 28.44 (USD$ 5.50)

Citation: Cours élémentaire de chimie générale, inorganique, théorique et ..., Vol. 2; Paulin Louyet (1842), p778

Circa 1843?: reprinting old data!
Citation: Les curieuses origines des inventions et découvertes ; Ernest Soulangel (1846) p.

Citation: Vollständiges Taschenbuch der Münz-, Maass- und Gewichts-Verhältnisse ... ; Christian Noback, et al (1850) p.907

The Specific Gravity of refined Platinum Sponge 20.33, unrefined
Platinum Sponge 21.53, rolled Platinum 22.06, melted Platinum 20.98

 








mmmmmm mmmm

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