May 13, 2011

France, 1790 - 1793

Jeannetty was paid L.T. 10.542/Ozt sometime around 1793.  Assuming his platina was 70% Pt and without calculating the refining cost, 

1793: 1 Troy Ounce platina (ore) = L.T. 10.542
1793: 1 Troy Oz. Pt (.999 Ore) = L.T. 15.06


The French Government purchased 75.038 Kgs of platina for Fr. 8,895

1791-1793: 1 Troy Ounce platina (ore) = L.T. 3.687
 
Assuming a par value 'Franc'/Livre, the French government price paid for platina 1791-93 was rather low:

1791: 1 Troy Ounce platina (ore) = Fr 8.13 (USD$ 1.60)
1792: 1 Troy Ounce platina (ore) = Fr 9.14 (USD$ 1.50)
1793: 1 Troy Ounce platina (ore) = Fr 7.88 (USD$ 1.69) 


Citation: Oeuvres, Vol. 6; Antoine Laurent Lavoisier, France. Ministère de l'éducation nationale (18  ) p.679


















See French Weights:
1) 23/9/1791: "7 Marcs, 6 Onces, 6 Gros" =  61.74 Ozt or Fr 8.13/Ozt.
2) 5/1/1792: 28 Marcs = 220.383 Ozt, etc. or Fr 9.15/Ozt.
3) Date? : 13 Marcs = 102.3 Ozt, etc. or Fr 6.61/Ozt.
4) Date? : 31 Marcs = 244.062 Ozt, etc. or Fr 12.23/Ozt.
5) 25/5/1793 : 226.375 Marcs = 1781.345 Ozt, etc. or Fr 1.5247/Ozt. 


Paid at different rates, the average price paid to Janetty was Fr 10.55/Ozt.




"real or apprehensive; at the same time, everything bought by foreigners, or which can be bought by them, has risen greatly; for instance, the cloth of Abbeville, a French commodity, has risen from 30 livres to 42 livres the aulne"

In 1790, at "45 L.T./Ell" and 1 Livre = £ 0.0365 1 English Yard of 'Peignon' cost 37.098 - 39.57 L.T. (=£ 1.354 - 1.44)  

In May 1794, when '24 Livres' cost Fr 50. - 55., an Ell of 'Peignon' cost 3 Louis (£ 2.85)
1 English Yard of 'Peignon' cost Fr 123.66 - 131.90 (=£ 2.35) ; Fr 56.14 = £ 1.




Had the May 1794 Paris Price of manufactured Platinum likewise risen 62.63% from 1790,

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