January 14, 2014

1791

According to an August 1791 Letter of Seguin, the French were accumulating "100 Livres" 
(48.95 Kgs = 1,573.8 Ozt) platina for the construction of weights & measures in Platinum.

Where 1 Paris Marc = 244.753 Grammes = 7.869 Ozt cost L.T. 64,

1791: 1 Troy Ounce platina (trade: Gengembre's ore) = L.T. 8.13

Citation: Oeuvres, Vol. 6; Antoine Laurent Lavoisier, France. Ministère de l'éducation nationale (18  ) p.679






Uncertain: assuming per libra, c.1790-5? : 1 Troy Ounce platina (Choco source) = £0.1690




Germany, 1791: 8 days travel from Paris.  Leipzig Price.

Garbling the name "Rio San Juan del Choco"  platina was sold at an exceedingly high rate; where 5 Rthlr was a Louis d'Or, platina cost a Pound Sterling per ounce Troy.  This very high cited price - almost certainly a retail price - was more than 3x higher than Jeannety's bulk-rate platina cost, charged for the weight-standards. 
 
November, 1791: Platina was 3x as expensive in Leipzig as London and the price would fall more than 2/3rds by 1819


Leipzig. Mineralogy and even more so Chemistry lovers are hereby made ​​aware that at the best platina to get is from America and called "Platina del Pinto" and "del Shouo" ; an ounce will cost up to Rthlr 6.

Christian Friedr. Laminir.

Late December, 1791: 1 Troy Oz. platina (ore, retail) = Rthl 6.38 (£ 1.02; Fr 25.50 - 27.) ~ Fr 41.63; £1.038; M 13.19



~Three Dutch or German Ducats ; 19 Hamburg Marks


 Although not specified as such, Priestly's price-weight is entirely consistent with platina ore at avirdupois.  Where 8 ounces avd = 7.292 English Troy Ounces,


"Richard Knight and His Production of Malleable Platinum"(PMR Vol. 29, #1, 1985; p. 30)

Priestley was also sufficiently interested in platinum to purchase a modest amount; his claim for compensation after the destruction of his house and laboratory on July 14, 1791 includes the item “Half a pound of platinum £ 2 8 s. 0 d.”

c.1791: 1 Troy Ounce of platina (ore) = £0.33
c.1790: 1 Troy Ounce of Platinum (Paris mfg.) ~ "a bit less than Gold."

"Price of Platinumware depends, as in gold and silver, according to the difficulty and type of work, it is somewhat lower than that of gold."

Citation: Naturgeschichte und Technologie: für Lehrer in Schulen und für Liebhaber ...Carl Philipp Funke p.371 (Wien & Prag, 1792) p.373







 
1790, 2 Escudos, Madrid Mint

Ponterio & Associates, November 16, 2011 Baltimore Auction, Lot # 22472
Sold for $632.50

1807, 2 Escudos, Madrid Mint  Stack's - The Vermeule, Ward, and Mexico Maxico Collections, January 11, 2010 Lot # ? : 
Sold for $690.


 







1791-3: USD$ 1. = L.T. 5.25

 

1790-94 Exchange Rate

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