October 2, 2014

France, 1912



1912: 1 Troy Ounce platina (Ore, 80%) ~Fr 186.62 (ℳ 149.30)
1912: 1 Troy Oz. Platinum (Mkt) ~Fr 233.27 (ℳ 186.62)
 
1912: 1 Troy Oz Gold (Mkt) = ℳ 87.09
 
In 1912, the price for 1 g of platinum was  approximately Fr. 7.50. Considering further that the crude platina, which is obtained in the {residue?}, only contains approximately 80% pure platinum, so 1 g of crude platina has a value of .80 x Fr. 7.50. = Fr. 6, or 4.80, while the value for 1 gram Gold only amounts to  2.80.


Citation: Die Lagerstätten der nutzbaren Mineralien und Gesteine nach Form..., Vol. 2; Franz Beyschlag, Paul Krusch (1913) p.702


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