May 16, 2010

France, c.1833 - 1846: Palladium's Price Crashing

Apparently referencing very dated prices (in "LE MAGASIN PITTORESQUE - Livraison n°020" of 1836) an Paris price of Palladium circa 1832 may be ascertained:

Fr 8,000./kg. = Fr 248.83/oz.; 40 x Fr 6.25/oz (minted silver) = Fr. 244,
therefore 10 x Fr 24./oz  (Platinum).

c. 1832: 1 Troy Oz. Platinum (refined, retail) = Fr 24.32 (USD$ 4.74) 
c. 1832/3 (?) : 1 Troy Oz. Palladium (mkt) ~ Fr 249 (USD$ 48.)  
1845: 1 Troy Oz. Palladium (semi-refined, unmfg) = Fr 199.04 (USD$ 38.34)  
1846: 1 Troy Ounce Palladium (refined) = Fr  139.95 (USD$ 26.69)   

Citation: Encyclopédie Canadienne, Volume 1,  edited by Michel Bibaud, 1842-3, p.369

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