July 30, 2011

Russia, 1839

1831: 1 Troy Oz. Platinum (refined, mkt) = 21.87 руб (Banco) 
1831: 1 Troy Oz. Platinum (refined, mkt) = 6.08 руб (Silver Rouble)
1839 1 Troy Oz. Platinum (official Russian Rate) = 17.90 руб (Banco)
1839: 1 Troy Oz. Platinum (official Russian Rate) = 17.97 руб (Silver Rouble?)

1839: 1 Troy Oz. Platinum (intrinsic; mkt) = 14.93 руб Banco

1839: 1 Troy Oz. Platinum (intrinsic; mkt) = 4.07 руб (Silver Rouble)

1839: 1 Troy Oz. Platinum (intrinsic; Paris) = Fr 16.27 (USD$ 3.17)
1839: 1 Troy Oz. Silver (intrinsic; Paris) = Fr 4.91 (USD$ 0.88)

The Russian Funt was 13.166 English Troy Ounces.

Translation:

Gradually but ever more so, the price of platina decreased and was, by 1839, Fr 16. per once (poids de marc.) ; (1 Russian Livre = 409.511 Grams, 1 once p.d.m. = 30.594 grams; furthermore, Fr 51.968 and 12.995 Silver Rubles = 1 Vereins-mark Fine Silver = 233.5489 Grammes) ; from that, the Russian Livre of Platinum cost (53.55 Silver Roubles) and the intrinsic value of the Platinum-Ducat is 135.39 Kopeks silver, resulting in a seignorage of 1 Silver Rouble, 64.61 Kopecks per 3 Roubles = 54.87 per cent. against the value of 3 Roubles. The cost of minting should, because of the difficult treatment, about 16 percent that amount.

The Platinum-Ducat is worth: after the numerical value of 3 rubles: 3 Rix. 6 Sgr. 11'52 preufs Pf. 5 fl = 39'36 kr. in 24% fl feet, and after the current internal value of 1 R. Kop 35'39: 1 Rix. 13 Sgr. 9'09 preufs Pf. 2 fl = 33'15 kr. in 24% fl feet.


If we add the value of 1 once p. d. m. at Fr 16, then the value of an association according to the above conditions Platina Mark Rix 32. 28 Sgr. 5'12 preufs Pf. Fl = 57 39'49 kr. in 24% fl feet. - If you take the value of a club fine gold cord to 219 Rix. preufs. = 383 fl 15 kr. in 24% fl feet, fine silver to 14 Rix. or 24% of fl: 1 mark so fine gold worth as much as 6'647Mark Platina and 15'643 f. Mark Silver, and 1 Mark Platina as much as 2'353 Mark f. silver.


But as the Piatinamünzen gradually into the public coffers, where they were accepted in payment of taxes, more and more accumulated: as prescribed by a ukase of 22 Should be June 1845, that marked no Platinum Coin ncreasingly present in all Rent estates over the other changes from six months after which time the acceptance for payment of public funds and to confuse is prohibited, by the way, individuals can, if later zirkulirt of this coin yet them according to mutual agreement to accept .- It follows that no legal value Piatinamünze since 1846 and is now more to be regarded only as a commodity.



1831, 1839:
Citation: Handbuch der münz- wechsel- mass- und gewichts-kunde, oder Erklärung der ...Eduard Döring (1841) p. 402


The market price of Russian platinum metal was found in 1839 in Paris from 15 to 16 francs per ounce poids de marc, while the same was previously against 30 francs for the same ounces This gives (52 francs ~ 13 silver rubles expected) at the price of 15 francs: 50 rubles 19.5 kopeks silver, and at the price of 16 francs: - 53 rubles 54 kopecks silver for the Russian pound platinum metal, so this latter prices in silver with the expense of 10 rubles 77 kopecks silver rubles 31 kopecks a total of 64 pounds of silver, the Russian, consequently, for this metal in the Solotnik 2:45 Platinadukaten, close enough to the actual true worth of a ruble 62.6 kopeks silver, or for fully expected: 1 ruble 63 kopeks, which collects the profit on this coin 37 kopeks to 1 ruble silver coins, thus to 45.66 per cent to 54.1885 Ruhel or silver on the junk Platinamünze; Meanwhile, the. Government adopted a far high platinum value of this is to say nothing while. 

1839: 1 Troy Oz. Platinum (Russian; Paris mkt) = Fr 16.27 (3.4492 сер. руб.)
1839: 1 Troy Oz. Platinum (Russian; Paris mkt) = Fr 15.24 (3.2309 сер. руб.)

Where the Фунт is calculated as 13.166 Ozt, a discrepancy occurs:

1839: 1 Troy Oz. Platinum (Russian intrinsic; Paris mkt) = Fr 16.27 = 4.07 сер. руб.
1839: 1 Troy Oz. Platinum (Russian intrinsic; Paris mkt) = Fr 15.24 = 3.81 сер. руб.

1839: 1 Troy Oz. Platinum (Russian intrinsic; Paris mkt) = Fr 16.27 = 4.8865 сер. руб.
1839: 1 Troy Oz. Platinum (Russian intrinsic; Paris mkt) = Fr 15.24 = 4.6304 сер. руб.

1839: 1 Troy Oz. Pt (Seignourage?) = 0.818 сер. руб. (Fr. 3.27) 
1839: 1 Troy Oz. Pt (Refiner Cost) = 0.818 сер. руб. (Fr. 3.27) 


1831: 1 Troy Oz. Platinum (mkt) = 21.8743 руб Banco = Fr. 19.7788
1839: 1 Troy Oz. Platinum (mkt) = 13.797 руб Banco = Fr. 16.27

1831: 1 Troy Oz. Platinum (mkt) = 5.882 - 6.0762 руб Silver
1839: 1 Troy Oz. Platinum (mkt) =                3.710 руб Silver

1839: 1 Troy Oz. Platinum (Coin, 3 per Ozt, intrinsic) ~4.0673 руб Silver
1839: 1 Troy Oz. Pt (Mint Cost)  ~0.7912 руб Silver = Fr. 0.933 ; £ 0.0378



"Der Marktpreis des russischen Platinmetalls ward in 1839 in Paris zu 15 bis 16 Francs für die Unze poids de marc gestellt, während derselbe früher gegen 30 Francs für dieselbe Unze stand. Dies gibt (52 Francs  ~ 13 Silberrubel gerechnet) bei dem Preise von 15 Francs: 50.195 Rubel Silber und bei dem Preise von 16 Francs: = 53.54 Rubel Silber für das russische Pfund Platinmetall; also zu diesem letztern Preise in Silber mit den Unkosten von 10.77 Rubel Silber, zusammen 64.31 Rubel Silber das russische Pfund, folglich für 2.4271 Solotnik dieses Metalls in dem Platinadukaten, nahe genug den eigentlichen wahren Werth von 1.626 Rubel  Silber, oder für voll gerechnet: 1.63 Rubel, wonach der Gewinn auf diese Münze sich auf 1.37 Rubel Silbergeld, folglich auf 43.66 Procent oder auf 54.1885 Rubel Silber auf das Pfund Platinmünze erhebt; indessen hat die Regierung einen weit höhern Platinwerth dabei angenommen, wogegen weiter nichts zu sagen ist.

Ein Herr Sobolewsky gab vor ungefähr 10 Jahren an, dass man in Russland bei dem Bearbeiten einem Pfunde geschmiedeter Platina an 29 Rubel (in Bankassignationen) wegen Unkosten rechne, welches gegen die vorhin bemerkten 38.76 Rubel oder ca. 39 Rubel noch fast um 10 Rubel (Papiergeld) niedriger zu stehen käme, wie auch leicht denkbar Ist, da sich der Prozess bei der Bearbeitung zur Ausprägung seit 1829 immer mehr vervollkommnet haben soll."

"In 1839, the Paris market price for Russian Platinum was Francs 15.-16. per once poids de marc, whereas previously it had been Fr. 30.  (Assuming Fr. 52 = 13 сер. руб.) this gives the respective prices of Fr. 15: =50.195 сер. руб. and at Fr. 16 : = 53.54 сер. руб. per Russian Pound {Фунт} Platinum, plus the expense of 10.77  сер. руб., to a total of 64.31 сер. руб. per Фунт; consequently, the 2.4271 Solotnik intrinsic to the Platinum Ducat {3 Rouble Coin} is close enough to the actual true value of 1.626 сер. руб, or for fully expected: 1.63 Roubles according to which the profit {seignourage?} on this coin rises to 1.37 сер. руб., thus 43.66 per cent, and hence to 54.1885 сер. руб. {per Фунт} on Platinum coinage; however, the government adopted a far higher value on platinum, and there's nothing more to be said about that.

A Herr Sobolewsky stated about 10 years ago {20!}, that the expense of forging Platinum in Russia cost up to 29 Banco Roubles per Фунт (1831 асс. руб. = ), which compared the previously noticed 38.76 rubles, or about 39 rubles to almost 10 rubles (Paper money) would amount to less, as is also easily conceivable that the process in the processing of expression since 1829 more and more to have perfected.



Citation: Vollständiges tasehenbuch der münz- maass- und gewichts ..., Vol. 2; Christian Noback, Friedrich Eduard Noback p.907







German Price?
 



July 1839:
  


1838 Platina yield: 121.953 Poud = 4,878.1 Funt = 64,225.8 Ozt. = 1,997.6 Kgs.
1839 Platina yield: 91.9123 Poud = 3,676.5 Funt = 48,405 Ozt. = 1,505.5 Kgs.
1840 Platina yield: 94 Poud = 21,359.9 Funt = 49,505 Ozt. = 1,539.77 Kgs.

Citation: Commercial Statistics;  John MacGregor (1844) p.755


 


1839: Platinum batteries, powering a paddle-boat had 64 batteries w/ 1,152 sq. in. = 18 sq. in. per battery.




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