March 15, 2014

Russia, 1850

'Bulk Scrap' was the Poud Rate of ~16.4 Kg; the Kilogram Rate is seen to be ~18.5% higher.

1849: 1 Ozt. Platinum (Coin @ StPb, .970) = Fr 26.593 (USD$ 5.00)

1850: 1 Troy Oz. Platinum (SPb: Bulk Scrap ~.970 Fine)= 5.84 руб (Fr. 22.34)
1850: 1 Ozt. Pt (SPb: Bulk Scrap ~.999 Fine)= 5.757 руб (Fr. 23.03)

Assuming the prior Russian Mint Refining Rate (1836) of Fr. 2.734 per Ozt:
1850: 1 Ozt. Platinum (SPb: Base Cost ~.999 Fine) = 6.44 руб (Fr. 25.76; USD$ 5.13)

Assuming the Paris 'Wet Refining' Rate (for profit, 1857) of Fr. 7.88 per Ozt:
1850: 1 Ozt. Platinum (Paris: Producer Base +Profit) = 7.70 руб (Fr. 30.807; USD$ 6.14)


1850: 1 Troy Oz. Platinum (Bulk Scrap, SPb Mkt Price)= 5.84 руб (USD$ 4.45)

Citation: Journal of the Society of Chemical Industry, Vol.  23; Society of Chemical Industry (Great Britain) 5/31/1904 p.568

No comments:

Post a Comment