June 6, 2011

Germany, 1864: PGMs

Presumably, Heraeus was marketing to the Continent and the French PGM market.  Scrap was presumably taken in exchange for manufacturers only, a loss-leader for the business.

1864: 1 Troy Oz. Platinum (refined, unmanufactured) = Fr 31.10 (~USD$ 15.61)
1864: 1 Ozt. Platinum (refined, unmfg.) = Thl 8.29 (~USD$ 12.84)

1864: 1 Ozt. Platinum (Scrap/ bought) ~ Fr 24.88 (~USD$ 12.49)
1864: 1 Ozt. Platinum (Scrap/ bought) = Thl 6.64 (~USD$ 10.27)
1864: 1 Ozt. Palladium (pure) = Fr 186.60 (~USD$ 93.66)
1864: 1 Ozt. Iridium (pure) = Fr 124.40 (~USD$ 62.44)
1864: 1 Ozt. Rhodium (pure) = Fr 279.90 (~USD$ 140.5)
1864: 1 Ozt. Ruthenium (pure) = Fr 373.20 (~USD$ 187.32)

Citation: Journal für praktische Chemie, Vol. 91-92; Otto Linné Erdmann, Chemische Gesellschaft in der Deutschen Demokratischen Republik (1864) p. 256



Assuming a commercial weight Bavarian Loth weighing 0.5627 Ozt, 

1864: 1 Ozt. Platinum (Mfg.) ~ Fl. 17.77 (~USD$ )





1863: 1 Ozt. Platinum (refined, mkt) = Thl 9.33 (~ USD$ 10.64)

c.1863

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