Circa 1820, the similarity of Paris & London prices appears to indicate a stable market for refined Continental Platinum, but that period was ending.
In Pound Sterling, the Price of Gold stabilized in London to the 1800 level.
In Pound Sterling, the Price of Gold stabilized in London to the 1800 level.
c.1821: 1 Troy Ounce Platinum (refined) ~ Fr 25. - 27. (£ 1.05 - 1.15)
c.1821: 1 Troy Oz. Platinum (scrap) = £ 0.6441 (USD$ 3.08)
c.1821: 1 Troy Oz. Platinum (scrap) = £ 0.6441 (USD$ 3.08)
The Russian assumed rate may have dated to 1821, prior to the cornered market or price-hike that mysteriously began in 1822. It is by no means certain Platinum traded wholesale at this rate in 1821/2.
c.1821: 1 Troy Oz. coined Platinum = 9.31 Silver руб = 37.24 Banco руб
~£ 1.55
~£ 1.55
Citation: The Gentleman's magazine, Volume 143 By John Nichols (1828) p.482
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