May 22, 2013

Germany, 1899

1899: 1 Troy Ounce Platinum (mkt) = ℳ 69.983

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)

1899:  
1899: 1 Troy Oz. platina (82.5% Russian ore) = 46.14 (USD$ 11.)
1899: 1 Troy Oz. Pt (Refining Cost) = 1.244 (USD$ 0.30, Fr 1.52, £ 0.0483)
1899: 1 Troy Oz. Russian platina, refined = ℳ 55.93 (USD$ 13.33)
1899: 1 Troy Oz. Pt Refiner Profit (First Base Price Cost) = ℳ 6.58 (USD$ 1.43)
1899: 1 Troy Oz. Platinum (semi-mfg; whols/ret) = 63.76 (USD$ 15.19)

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

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