June 22, 2012

Russia, 1887

1887: 1 Troy Ounce platina (Ural Cost ~74.8%) = 3.70 - 4.03 руб Kr (Fr. 8.86)
1887: 1 Troy Oz platina (Ural Spot ~74.8%) = 8.39 - 9.14 руб Kr (Fr. 20.09) 

In 1887, the yield was almost 4,000 kilograms of platinum; the cost was Fr. 283./kg and the sale price was Fr. 646./kg.

Citation: Traité des gîtes minéraux et métallifères: recherche, étude... Vol. 2;  Edmond Fuchs, Louis Launay (1893) p.999





1887: Where the Poud was 526.64 English Troy Ounces, the total export (exceeding official annual production) of 229 Poud = 120,600 Ozt.  At the official export rate/1887 exchange

1887: 1 Kilogram Ore ~74.8% = 304.85 руб Kr (£ 27.06, ℳ 552.3)
1887: 1 Kg. Pt .999 = 407.55 руб Kr (£ 36.17, 738.4)
 
1887: 1 Troy Oz. platina (SPb: Export) = 9.482 руб Kr 
.... (£ 0.8415, USD$ , 17.18)

1887: 1 Troy Oz. Pt (SPb: Export) = 12.676 руб Kr (USD$ )
.... (£ 1.125, USD$ , 22.97)

1887: Pt Export = 310 Poud = 12,400 Funt = 163,260 Ozt.= 5,077.95 Kgs.
.... Pt (.999) Yld = 171.3 Poud = 6,851.7 Funt = 90,210 Ozt.= 2,805.8 Kgs. 

"Report for the Year 1888, Trade of the District Taganrog"

Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15




1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб
Where the 1890-4 contract price was 8,000 руб Kr. per Poud at intrinsic value of platina (80%) the actual Spot 80% ore was 6,400 руб Kr. per Poud.

1890: 1 Troy Ounce platina (Ural Spot, 80%) = 8.7497 руб Ag
1890: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.9372 руб Ag
1891: 1 Troy Ounce platina (Ural Spot, 80%) = 8.0206 руб Ag
1891: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.0257 руб Ag
1892: 1 Troy Ounce platina (Ural Spot, 80%) = 7.6560 руб Ag
1892: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.57 руб Ag
1893: 1 Troy Ounce platina (Ural Spot, 80%) = 7.8991 руб Ag
1893: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.8738 руб Ag
1894: 1 Troy Ounce platina (Ural Spot, 80%) = 8.1421 руб Ag
1894: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.1776 руб Ag

From Berlin in 1890:

 


The discrepancy may be explained by intrinsic value.

1887: 1 Troy Ounce platina (Ekat, Cost) ~ Fr 8.86 (USD$ 1.70)

1887: 1 Troy Ounce platina (Ekat, Sale) ~ Fr 20.06 (USD$ 3.86)

1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб (USD$ 8.29)


1887:

 
Apparently, Fine Pt (at a rate between Fr. 31.32 - 34.12)




 


1887: Where the Pood was 526.64 English Troy Ounces, 310 Poud = 163,258.4 Ozt.
1888: Where the Pood was 526.64 English Troy Ounces, 229 Poud = 120,600 Ozt.

1887: 1 Troy Oz. platina (SPb: contract, export) = 9.482 руб Kr (USD$ 5.30)
1888: 1 Troy Oz. platina (SPb: contract, export) = 9.917 руб Kr (USD$ 5.395)

"Report for the Year 1888, Trade of the District Taganrog
"Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15

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