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 Ozt. 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

 

DSQ

c.March 1850

March, 1850: 1 Ozt. Platinum (SPb Bulk, Mkt)= 6.836 руб (USD$ )

 

Colombia, 1825 -1850

http://books.google.com/books?id=j4EzAQAAIAAJ&pg=PA157&dq=arroba+colombia&hl=en&sa=X&ei=UCPXUZaFNvfH4AOLtoHgBw&ved=0CDcQ6AEwAA#v=onepage&q=price%20&f=false



c.1822:
Reported in the early 1830s, Colombian Gold mines were "neglected in the more general search for platina" during the (early) 1820s.  Citing Cochrane (c.1824) elsewhere;

Citation: An Accompaniment to Mitchell's Map of the World, on Mercator's Projection...; Samuel Augustus Mitchell (1846) p.272
 

1825:
1825:  1 kg. US Flour @ =  S$ 0.72 -1.01/kg.



1825:  1 kg. (local) Beef @ Chocó (whols.)=  S$ 0.5435




Citation: An Encyclopaedia of Geography Vol 4, Hugh Murray (1834) p.1406
 

1837:  1 kg. (local) Beef @ Bogotá (whols.)=  S$ 0.08 - 0.09
1837:  1 kg. (local) Mutton @ Bogotá (retail)=  S$ 0.06
1837:  1 Fowl @ Bogotá (retail)=  S$ 0.01 - 0.15
1837:  1 Turkey @ Bogotá (retail)=  S$ 0.03 - 0.06
1837:  1 Liter Madeira @ Bogotá (retail)=  S$ 2.113
1837:  1 Liter brandy @ Bogotá (retail)=  S$ 1.8489
1837:  1 Liter English Porter @ Bogotá (retail)=  S$ 0.7042
1837:  1 kg. (local) Beef @ Bogotá (retail)=  S$ 0.1359
1837:  1 kg. (local) Mutton @ Bogotá (retail)=  S$ 0.1020
1837:  1 Dozen Eggs @ Bogotá (retail)=  S$ 0.1875
1837:  1 kg. Tea @ Bogotá (retail)=  S$ 6.5217
  
1837: 


Transport:






1837: 1 pair locally-made 'Wellington' boots = S$ 10.
1837: 1 pair locally-made poor-quality boots = S$ 2.







1822:  1 kg. Salt @ Zipaquira= S$ 0.065



Puerto Nare?
1837:  1 Dozen Eggs @ Nare (retail)=  S$ 0.25




 





Export Values, 1837:





1845: 
Where Wheat @ 13.5% moisture = 60 lbs. avd. = 27.2155 kg = $S 3.375, 
1845: 1 kg 'best wheat' @ Bogota = S$ 0.1240 (£ 0.0248)
1845: 1 lb avd. 'best wheat' @ Bogota = S$ 0.0565  (£ 0.0113)




c.1847? 
c. 1847:  1 kg. Rice @ Chocó  ~S$ 0.3478


c. 1847:  1 kg. Potatoes @ Chocó  S$ 0.4348



 


c.1850: Colombian Balsams







Bogota  to New York/Philadelphia: ~3,000 miles by sea & land routes
(2,510 miles)

 

Germany, c.1850: Platinum Battery

Where 1 Loth = 0.4867 Troy Ounce and 1 Pfund (Cologne mark) = 16.49 Troy Ounces

1 Thaler = USD$ 0.68  a single battery contained 0.69 Troy ounces of Platinum, or 81% - 87% of the entire battery cost.

1850: 1 Troy Ounce (semi-mfg, retail?) = Thl 12.33 -14.39 (USD$ 8.42 - 9.82)

1849: 1 Troy Oz. Platinum (semi-mfg: Sheet &Wire, mkt) = Fl 18.78 (USD$ 7.42)

1851: 1 Troy Oz. Platinum (Saxony: Semi-Mfg, Retail) = Thlr. 14.36


Citation: Oswald Marbachs' Physikalisches Lexikon, Vol. 1; Gotthard Oswald Marbach (1851) pp.

Citation:  Grundzüge der Mineralogie für Schule und Haus; Gustav Leonhard p.34

Germany, 1850: Price List

1849: 1 Troy Oz. Platinum (German Ask: Scrap) = Thlr 9.05 ; Fl. 13.57   

Where the Pfund = 32 Loths = 7,680 Gran (467.74 Grams; 15.04 Troy Ounces.) The Mark Pfund = 15.03 Troy Ounces and the Gulden/Florin was worth USD$ 0.395, Gold was 5x Platinum, which was ~ 3x more than Silver.

Incidentally, this was a common price expression as late as the 1870s. Platinum prices were certainly less stable than this republished price implies.

c.1862

1858:

1856:

 

Apparently, a simple translation and not actual market price.
 
1849: 1 Troy Oz. Platinum ('avg price' some years?) = Thlr 8.73 (USD$ 5.96)

c.1850:

Citation:Elemente der Electro-Metallurgie: Deutsch bearbeitet nach der 3ter engl ... Alfred Smee (1851) p.218

UK, c.1852: Palladium Starts to Rise; Other PGMs

c.1851: 1 Troy Ounce Platinum £ 1.50 (USD$ )
1850/1: 1 Ozt. Palladium £ 1.05 - 1.25 (USD$ 5.16 - 6.14) 
1854:  1 Ozt. Palladium £ 1.50 (USD$ 7.32) 

Citation: Gold-mining and assaying: a scientific guide for Australian emigrants By John Arthur Phillips (1852)
 

Citation: The People's medical journal, and family physician, Volumes 1-4 (1851) p.160

c. 1850 and 1862:

Citation: Metallurgy: the art of extracting metals from their ores, Vol. 2, By John Percy (1864) p.

The price for platina gains suitable to the pen-trade  (whether sold as Osmium, Iridium or Rhodium) varied widely from the 1830s - 1850s.

c.1851: 1 Ozt. Iridium ('Better' Ore: Whols.) = £ 6. - 8.  (USD$ 29.45 - 39.28)

Citation: Records of the School of Mines and of science applied to the arts By Royal School of Mines (GB) 1852, p.143

c. 1851

c.1852:  British companies buying up Gold & platina mines.

Russia, 1866: Low Price in Roubles

1866: 1 Troy Ounce Platinum (mkt: sponge, whols.) = Fr 14.2143 - 17.0758 ($2.843-3.415)

1866: 1 Troy Oz. Platinum (mkt) = 3.554-4.269 руб Silver ($ 2.66- 3.20)

1867: 1 Troy Oz. Platinum (Paris) = 5.89 руб ; Fr. 23.55= US Gold $ 4.41; USD$ 6.107

"According to reliable sources, the price per kg. of purified Russian platinum in 1865 was 501 francs and in 1866 from only 457 to 549 francs."

Spink & Son : The Numismatic Circular, Vol. 15, May 1907 p. 9885: 

"Nach zuverlässigen Quellen betrug der Kilopreis des gereinigten russischen Platins im Jahre 1865 501 Francs und 1866 gar nur 457 bis 549 Francs."

Citation: Bulletin de statistique et de législation comparée, Vol. 56 (1904) p.644

 
The 1866 Low is also cited in French Francs here.

1846: 1 Troy Ounce Platinum: 6.64 руб

1850: 1 Ozt. Platinum: 5.83 руб

1851: 1 Ozt. Platinum: 5.84 руб 

1859: 1 Ozt. Platinum: 5.58 руб

1860: 1 Ozt. Platinum: 4.28 руб

1866: 1 Ozt. Platinum: 3.56 руб    



At the Poud Rate of 1,877 руб Kr.

1866: 1 Ozt. Pt (SPb, Bulk Ore @SG 21.5) = 3.5641 руб Kr.
1866: 1 Ozt. Pt (+Assumed Refined Cost руб Kr. 1.1156) = 4.68 руб Kr.

Citation: Journal of the Society of Chemical Industry, Vol. 23  Society of Chemical Industry, GB (1904) p.568

USA, 1840s: Erratic Platinum Rise

The formal de-monetization of the Platinum Rouble (and the subsequent breakdown of  Russian mining operations) triggered global price fluctuations that lately effected US prices. As production ceased, supplies briefly became strained c. 1847,  indicated by higher US prices.  Most platina probably came via the Caribbean.

US tariffs on refined Platinum products encouraged fledgling US refiners.

(Subsequent editions repeat this data and the forex tables above it.)
1845:  1 Troy Ounce Platinum (Russian sponge/ingot @ Europe) ~ USD$ 4.
1846/7: 1 Troy Ounce Platinum (ingot, whols.)  = USD$ 7.50 - 8.33 
1846/7: 1 Troy Ounce Platinum (est. refined)  = USD$ 8.82 - 9.80


See Also:

c.1842: 1 Troy Ounce platina = USD$ 4. 
1848:  1 Troy Ounce of Platinum (refined, US whols.) = $ 10.0
1849: Troy Ounce of platina (ore, market) = $ 6.80 
1850: 1 Troy Ounce platina (ore, domestic )  = USD$ 6.10 

Citation: Manual of mineralogy: including observations on mines, rocks, reduction of ... By James Dwight Dana (1850) p.387

The allusion to high Platinum prices suggests that the US price was trending higher, regardless of other markets and because of battery & telegraph industrial demand.

1847:

1846: The Tariff of 1846 was 30% on manufactured Platinum goods


c.1845: Dr. Hare was working platina in Pennsylvania


Cost of Refining Gold, Silver:




c. 1845/6: Platinum Coin as Counterfeit Gold

Citation: Adulterations of Various Substances Used in Medicine and the Arts (1846)


1844/5: Rouble Rate, in Silver

USA, 1850: Platinum Imports & Ore Price

In 1850, the total value of imported Platinum & platina was USD$ 207,400. A US Customs agent a New York certified that no platina ore was imported, though $12,183. of unmanufactured platina was recorded.

However, "Native" Platinum was sold from NY catalogues; it originated in Colombia, Russia or outside the USA. And the Malvern Works were refining & producing for dentists after 1842; it's most likely an undisclosed amount of platina was shipping to Philadelphia.

Wells' textbook mentions manufactured Platinum retailed at $18. - 20. in the mid 1850s; these imported goods had been tariffed accordingly.

In 1853, the State Geologist of California reported the "commercial value" of crude platina was "about one-half the price of Gold" (crude Gold, selling as low as $16./oz.)

Platinum imports may have increased in 1851 after the discovery of California Gold and the utility of processing Au in Platinum stills.

1850: 1 Troy Ounce Platinum (Semi-Mfg & ore, Import) = USD$ 6.10

1850: 1 Ozt. Platinum (Mfg. Retail) "absurdly high" ; ~ double UK price $9.82 ?
c. 1851: 1 Ozt. platina (Ore, Mkt.) = USD$ 5.
1851: 1 Ozt. Platinum (Mfg. Ret.) = USD$ 15.
c. 1852: 1 Ozt. platina (Ore, Ret.) ~ USD$ 8.

Citation: Annual report of the Commissioner of the General Land Office to the ..., Part 1, United States. General Land Office, United States. Dept. of the Interior (1867) p.223
 

c.1851

c.1840? : Italian Bonolli exported a large quantity to Europe, depresses price

Citation: The Republic of Colombia: An Account of the Country, Etc...  Francis Loraine Petre (1906)
 

Citation: Étude sur les mines d'or et d'argent de la Colombie; Vicente Restrepo (1908; 1891) p.51

Cost of Shipping CA platina, SF to London: 









After all costs estimated, Bulk Gold was exported to London for 10.94% Profit, @ $ 0.098/Ozt.



 
After all costs, Gold exported to London @2.50% was a Shipping Cost of $ 0.40/Ozt.