Russia, 1844

1844-51: 1 Troy Ounce Platinum (Mkt, retail) = (Fr 28.)

Citation: Industrie des métaux précieux ; Honoré Théodoric P.J. d' Albert (1854)



Where 1 Poud (officially: руб Kr. 4,746) had been calculated 137% higher than the Spot (руб Kr. 3,464) the Rouble Coins had depreciated almost 35%.

Assuming the Russian Platinum Yield at purity, the total value of Ru Pt product was 247,986 - 278,208 руб Kr ; platina Yield at 70%, total value was 173,590 - 194,795 руб Kr.

1844: 1 Troy Ounce Platinum (Russian Ingot: Mkt) = 6.58 руб Kr/ 6.48 руб Ag.

 
In 1827, Kancrin estimated the cost of Russian-produced Platinum @ 2.495 руб Banco per Zolotnik (= 0.67 руб Ag ) ; the coin-weight was 1.2360515 руб Pt per Zolotnik. 

1845: 1 Troy Oz. platina (Ru: Mkt) = 4.7527 - 5.3319 руб Kr. (USD$ 3.56 - 4.)
 

"With the introduction of platinum coins in 1828, the assumed metallic value was 1.236 руб per Zolotnik, or 4,746 Roubles per Poud.  As a result, this nominal value differs so greatly from the commercial value of the metal;  under such circumstances, in 1843 the Treasury took the question to council whether to continue minting Platinum coinage. In 1844 the difference was already calculated at 137% {3,464 Roubles per Poud} and in 1845, as  revealed that in the main markets (Paris, London, Hamburg) it was officially retracted that prices were fluctuating between of 2503-2808 Roubles per Poud. So instead of 1.236 руб per Zolotnik, the value was only 0.65- 0.74 руб and the government was induced, following on 9 February 1845 to meet the most supreme confirmed measures:"



Citation: Spink & Son , The Numismatic Circular, Vol. 15, May 1907 p. 9885:
"(Bei der Einführung der Platinmünze im Jahre 1828 wurde der Metallwert zu 4745 Rubel für das Pud angenommen. Im Jahre 1845 schwankten die Platinpreise auf den europäischen Hauptmärkten von 2503 bis 2808 Rubel für das Pud.)"

c.1844?

1828-44: 1 Troy Oz. Platinum (Russian Coin Rtae) = 9.01216 руб Ag
1844?: 1 Troy Oz. Platinum (SPb: Mkt) = 6.076203 руб Ag

  




Citation: The Journal of Industrial and Engineering Chemistry, Vol 10, 1918


1842 Platina Yield: 124.263 Poud = 4,970.5 Funt =   65,442 Ozt.    = 2,035.48 Kgs
1843 Platina Yield: 213.757 Poud =  8,550.3 Funt = 112,574 Ozt.    = 3,501.4 Kgs  
1844 Platina Yield: 99.0763 Poud = 3,963.05 Funt = 52,178 Ozt. = 1,622.92 Kgs
1845 Platina Yield: 47.24 Poud =      1,889.55 Funt = 24,878 Ozt. =  773.79 Kgs
1846 Platina Yield:   1.1754 Poud =        47.015 Funt =     619 Ozt.     = 19.253 Kgs  
1847 Platina Yield:   0.474 Poud =          18.9583 Funt =   249.61 Ozt. =  7.764 Kgs