The Spring 1828 the retail Price of Platinum was the Price-of-Gold, but the reported Paris Price had suddenly
dropped by half. The Platinum Price kept falling through 1830, but that
appears to have been a recent Low (by 1835.)
Where 1 Loth = 14.613 - 15.04 Grams or 1 Pfund 467.78 - 468.53 Grams
1827?: 1 Troy Ounce Gold (Mkt) ~Fl 46.81 - Fl 46.83
1827?: 1 Troy Ounce Platinum (Market, estimation) ~< Fl 23. ; Rthlr 12.83
Platina is much higher in value than silver and yet almost half that of gold. Gold is more than 15 times as expensive as silver, usually on the Loth, 22 Fl., the Pfund to 704 Fl.
c.1827?: Manuscript not dated after 1827.
31 January 1827: Intended Colombian Platinum rate (June 1826) reported nearly six month later in Germany. The S$ was Rthlr. 1.374: 1 Onza was Rthlr. 8.244; where 1 Onza was 28.765 Grams (0.924816237 English Troy Ounce) :
1826: 1 Troy Oz Pt (Colombian Hypo.) = S$ 6.4878 (Rthlr. 8.65)
Where the Cologne Marc (233.856 g.; 7.52 ozt.) was $9.7253 in Peso Duro, 1 Troy Oz. Silver (in Prussia) = S$ 1.293;
Platinum Coinage. In Colombia, the export of raw platina has been banned and this metal will now be minted there. The parting of one Unze can be difficult, so pronounced at 12 Gran lighter by Mark-weight than an Unze of Silver or Gold, to cover seigniorage, and worth 6 Pesos.
October,1827: February 1827 Paris Price for refined metal (Fr. 898.58/Kg) and an undated platina price for Chocó (likely, Cochrane's) is suspect and out-of-date.
In Nuremburg, February 1827 (Fl. 1 = Fr. 2.12-2.20)
1827: 1 Troy Oz. Platinum (Paris Mkt) = Fl 12.50-12.97 ; Rthlr. 6.873 - 7.15
The Messrs. Cuoq, Couturier and Co. in Paris have the largest bar of a platinum delivered, that has been yet made to date: it weighs 2,910 Once (89.03 Kgs) and is worth Fr. 80,000. It was 15 years ago they introduced a great quantity to market and brought down the price by half.
Dubious compendium data.
Where 1 Preuss. Thaler = Fl 1.722167 and 1 Loth = 0.4701568 Ozt.,
Jan.-Mar. 1827: 1 Troy Oz. Pt (Paris Mkt) = Thlr 13.83 (Fl. 23.81)
Oct. 1827: 1 Troy Oz. Pt (Paris Mkt) = Thlr 11.70 - 10.64 (Fl. 20.20 - 18.37)
News of the massive platina yield for the first half of 1827 reached Bavaria in late November. News from St. Petersburg to Central Europe, ~20 days.
Where 1 Loth = 14.613 - 15.04 Grams or 1 Pfund 467.78 - 468.53 Grams
1827?: 1 Troy Ounce Gold (Mkt) ~Fl 46.81 - Fl 46.83
1827?: 1 Troy Ounce Platinum (Market, estimation) ~< Fl 23. ; Rthlr 12.83
Platina is much higher in value than silver and yet almost half that of gold. Gold is more than 15 times as expensive as silver, usually on the Loth, 22 Fl., the Pfund to 704 Fl.
c.1827?: Manuscript not dated after 1827.
Citation: Umrisse zur Landes-, Volks- und Staats-Kunde von Bayern: Zum Gebrauche...Friedrich Wilhelm Walther (1833) p.249
31 January 1827: Intended Colombian Platinum rate (June 1826) reported nearly six month later in Germany. The S$ was Rthlr. 1.374: 1 Onza was Rthlr. 8.244; where 1 Onza was 28.765 Grams (0.924816237 English Troy Ounce) :
1826: 1 Troy Oz Pt (Colombian Hypo.) = S$ 6.4878 (Rthlr. 8.65)
Where the Cologne Marc (233.856 g.; 7.52 ozt.) was $9.7253 in Peso Duro, 1 Troy Oz. Silver (in Prussia) = S$ 1.293;
Platinum Coinage. In Colombia, the export of raw platina has been banned and this metal will now be minted there. The parting of one Unze can be difficult, so pronounced at 12 Gran lighter by Mark-weight than an Unze of Silver or Gold, to cover seigniorage, and worth 6 Pesos.
October,1827: February 1827 Paris Price for refined metal (Fr. 898.58/Kg) and an undated platina price for Chocó (likely, Cochrane's) is suspect and out-of-date.
In Nuremburg, February 1827 (Fl. 1 = Fr. 2.12-2.20)
1827: 1 Troy Oz. Platinum (Paris Mkt) = Fl 12.50-12.97 ; Rthlr. 6.873 - 7.15
The Messrs. Cuoq, Couturier and Co. in Paris have the largest bar of a platinum delivered, that has been yet made to date: it weighs 2,910 Once (89.03 Kgs) and is worth Fr. 80,000. It was 15 years ago they introduced a great quantity to market and brought down the price by half.
Dubious compendium data.
Where 1 Preuss. Thaler = Fl 1.722167 and 1 Loth = 0.4701568 Ozt.,
Jan.-Mar. 1827: 1 Troy Oz. Pt (Paris Mkt) = Thlr 13.83 (Fl. 23.81)
Oct. 1827: 1 Troy Oz. Pt (Paris Mkt) = Thlr 11.70 - 10.64 (Fl. 20.20 - 18.37)
News of the massive platina yield for the first half of 1827 reached Bavaria in late November. News from St. Petersburg to Central Europe, ~20 days.
Citation: J.C. Nelkenbrecher's Allgemeines Taschenbuch der Münz-: Maass- () p.129
Where 1 English Troy Ounce weighs 2.12695 Loth, so 1 Loth = 0.4701568 Ozt ; 14.6235108 Grams. Therefore, 1 Kilogram = 68.38303 Loth
No comments:
Post a Comment