November 20, 2012

UK, 1801

In February 1801, Richard Knight sold 800 Troy Ounces of platina to Messrs. Wollaston & Tennant for 4s./ozt., nearly double the average bulk-rate   

The London Price appears to more than double the estimated Cartagena wholesale price  (S$7./libra.) This was more than 25% higher than Wollaston's average price paid.

1801: 1 Troy Ounce platina (Knight's resale, mkt?)  = £ 0.20 (S$ 1.2225)

October, 1801: 1 Troy Oz. platina (specimen rate @ Choco)  = S$ 0.5408 (£ 0.1217)
1801: 1 Troy Oz. platina (Cartagena Mkt) ~ S$ 0.4731  0.0774)











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