August 12, 2010

Russia, 1866: Low Price in Roubles

1866: 1 Troy Ounce Platinum (mkt: sponge, whols.) = Fr 14.2143 - 17.0758 ($2.843-3.415)
1866: 1 Troy Oz. Platinum (mkt) = 3.554-4.269 руб Silver ($ 2.66- 3.20)
1867: 1 Troy Oz. Platinum (Paris) = 5.89 руб ; Fr. 23.55= US Gold $ 4.41; USD$ 6.107


"According to reliable sources, the price per kg. of purified Russian platinum in 1865 was 501 francs and in 1866 from only 457 to 549 francs."

Spink & Son : The Numismatic Circular, Vol. 15, May 1907 p. 9885: 
"Nach zuverlässigen Quellen betrug der Kilopreis des gereinigten russischen Platins im Jahre 1865 501 Francs und 1866 gar nur 457 bis 549 Francs."

Citation: Bulletin de statistique et de législation comparée, Vol. 56 (1904) p.644

 
The 1866 Low is also cited in French Francs here.

1846: 1 Troy Ounce Platinum: 6.64 руб
1850: 1 Ozt. Platinum: 5.83 руб
1851: 1 Ozt. Platinum: 5.84 руб 
1859: 1 Ozt. Platinum: 5.58 руб
1860: 1 Ozt. Platinum: 4.28 руб
1866: 1 Ozt. Platinum: 3.56 руб    



At the Poud Rate of 1,877 руб Kr.

1866: 1 Ozt. Pt (SPb, Bulk Ore @SG 21.5) = 3.5641 руб Kr.
1866: 1 Ozt. Pt (+Assumed Refined Cost руб Kr. 1.1156) = 4.68 руб Kr.



Citation: Journal of the Society of Chemical Industry, Vol. 23  Society of Chemical Industry, GB (1904) p.568

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