January 28, 2013

UK, 1901: Numismatic Value of Pt Roubles

From February, 1898, the 1828 3-Rouble FDC rose 55%, from £ 1.13 but there was no rhyme or reason to Spink's prices based on mintage; old stock was simply reduced relative to new. 

Where the estimated difference between EF-45 and VF-35  £ 0.50, a cull 3-Rouble of 10.3 g (@ 96% purity ~ 9.88 g) estimated @£ 1.00 (USD$ 4.87) valued by weight far too low: 

August, 1901: 1 Troy Ounce Platinum (Numismatic) = £ 3.1456 (USD$ 15.33)

Late 1901: 1 Troy Oz. Platinum (US mkt, ingot) ~ £ 4.11- 4.32
Late 1901: 1 Troy Oz. Platinum (scrap, US Retail) ~ £ 4.474

1901: 1 Troy Oz. Gold ('standard' .9167) = £ 3.8521 (USD$ 18.77)
1901: 1 Troy Oz. Gold (Fine, mkt) = £ 4.2022 (USD$ 20.48)

The Russian Half-Imperiale (7.5 Roubles 5.999 g) was rated as currency £ 0.775 (1897) but sold in Spink's Catalogue in VF-35 for £ 0.875, a 12.90% premium over currency.

1901: 1 Troy Oz. Gold (Mint, foreign coin .999) = £ 4.02 (USD$ 19.58)

1901: 1 Troy Oz. Gold (Coin, Numismatic) = £ 4.5367 (USD$ 22.11)

1901: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 14.12
1901: 1 Troy Ounce Platinum (ingot) = USD$ 18.20 - 21.

Citation: The Numismatic Circular and Catalogue of Coins, Tokens ..., Vol. 9 ;  Spink & Son p.4807 (August, 1901)





c.1901: 1 Troy Oz. Platinum (retail) = £ 4.00 (USD$ 19.49)

Citation: Wilson's Photographic Magazine, Vol.39 p.157



Citation: Stability of international exchange: Report on the introduction of the gold ...(1903)



5/2005: Pt Spot @
Goldberg Auctions Sale 31, Lot 1980 (Tuesday, May 31, 2005):  a Platinum 3 Rubles 1842-SPB (Fr-160; Bitkin-91; Sev-637; Cr-177. PCGS graded MS-62; The Dr. Robert D. Hesselgesser Collection.

Estimated Value $1,250 - 1,500. Realized $2,645.

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