May 22, 2013

Germany, 1897

Reporting late 1896 prices from April 1897 Russian journal. 

1896/7: 1 Troy Ounce platina (Russian ore, 84.5%) = 27.99
1896/7: 1 Troy Oz Pt (at purity) = 33.13
1896:1 Troy Oz. Pt (Ru Refiner Cost) ~ 1.25 (1.92 руб)
1896: 1 Troy Oz Pt (Producer's Cost) ~ 34.38

Citation: Journal of the Society of Chemical Industry, Vol. 16 (4/1897) ; Society of Chemical Industry (Great Britain), 1897. 



January, 1897: 1 Troy Ounce Platinum (mkt) = ℳ 51.632
Summer, 1897: 1 Troy Ounce Platinum (mkt) ~ ℳ 53.50

At the turn of the year 1895 Platinum cost 1,555 Marks per kilogram. In the spring of 1896 it was already 1,620; by January 1897 it cost 1,660. In the summer of the same year (1897) it was in the 1,700s.  In the Spring of 1898 in the 1,800's, in September 2,000. - and today it costs 2,250 Mark . 

Citation: Die Zukunft. Herausgeber: M. Harden, Vol. 27  Maximilian Felix Ernst HARDEN (1899)


1897: 1 Troy Ounce platina (Russian ore) = 34.87-36.515 (USD$ 8.33-8.73)
1897: 1 Troy Oz. Pt (Refining Cost) = 1.244 (USD$ 0.30)
1897: 1 Troy Oz. Pt (Producer Cost)  = 47.73-49.93 (USD$ 11.40-11.95)

1897: 1 Troy Oz. Platinum (semi-mfg; whols) = 54.43 (USD$ 13.01)
 1897: 1 Troy Oz. Pt Refiner Profit  = ℳ 6.70 (USD$ 1.60)

Citation: Die Metalle: Geschichte, Vorkommen und Gewinnung, nebst ausführlicher ...Bernhard Neumann p.363

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