Russia, 1867

The Poud-Rate for Paris-delivery of Russian-refined Platinum @ 3,100 руб was 189.25 руб /Kg. for refined ingot; Paris delivery raised the price 25%.

The Funt-Rate for SPb Russian platina (~83%) @ 1,680.8 руб was 102.61 руб/Kg. of ore.

The Funt-Rate for SPb Russian Platinum @ 2,500 руб was 152.62 руб/Kg. of Platinum Sponge/Ingot.

- Paris Delivery is ascertained to be 15 руб Kr./Фунт; 36.63 руб Kr./Kg.; 1.14 руб Kr.
- St. Petersburg Refining Cost is ascertained to be 475 руб Kr./пуд; 11.87 руб Kr./Фунт; 28.99 руб Kr./Kg.; 0.902 руб Kr.

1867: 1 Troy Ounce Platinum (Paris: Ru Pt .999) = 5.89 руб Kr.
= US Gold $ 4.41; USD$ 6.107

Where the "livre"/Фунт (=13.166 English Troy Ounces)

1867: 1 Troy Oz. platina (SPb: ~83% ore, Whols.) = 3.1915 руб Kr.
= $ 2.39; USD$ 3.31 

1867: 1 Troy Oz. Pt (SPb: Ore @ .999, Whols.) = 3.845 руб Kr.
= $ 2.88; USD$ 3.99
 
1867: 1 Troy Oz. Platinum (SPb: Semi-Mfg, Whols.) = 4.75 руб Kr. (~ Fr. 19.)
=$ 3.56; USD$ 4.93

1867: 1 Troy Oz. Iridosmine (SPb: 74% Ir) = 6.1977 руб Kr.
= $ 4.64; USD$ 6.43 

1867: 1 Troy Oz. Ir (SPb: Ore @ .999, Whols.) =  8.38 руб Kr.
= $ 6.27; USD$ 8.69

1860: 1 Troy Oz. Iridosmine (Paris: Ural Ore 74%, Ret.)  = 19.163 руб Kr.  (Fr 75.76)
1860: 1 Troy Oz. Ir (Paris: Ural Ore .999, Ret.) ~ 25.90 руб Kr.

1867: 1 Troy Oz. Platinum-Black (SPb: Residue, Whols.) = 0.7291 руб Kr.

1869: 1 Troy Oz. Platinum-Black (Germany: Residue, Ret.) = 17.86 руб Kr.

Citation: Paris Universal Exposition, 1867: Report upon the Precious Metals... ; William Phipps Blake, Reports of the US Commissioners (1869)





1867, Russian (~83%?) ore production: 2,259.69 Kgs/ 72,650.64 Ozt.

Citation: A Treatise on Chemistry: Metals; Henry Enfield Roscoe, Carl Schorlemmer (1879)


Citation: California Journal of Mines and Geology, Vol. 3? (1883) p.20


Iridosmine purity


St. Petersburg Rumor (June 1867) of Russian Platinum coinage; reported  : 

France, 1867

DSQ

Where $ 1. = Fr. 5.1625 (Gold) and USD$ 1. = Fr. 3.835 - 3.598 (Avg. USD$ = Fr. 3.735)


Demidoff's Poud-Rate for Paris-delivery Russian Platinum @ 3,100 руб was 189.25 руб /Kg.
(Sept.: Fr 643. - 648.) per kilogram of refined ingot.  Paris delivery raised the price 25%.

1867: 1 Troy Ounce Platinum (Paris: Ru Pt .999) = Fr. 20. - 20.16 (~USD$ 5.735)

At the SPb Mint, the Funt-Rate for Russian platina @ 1,680.8 руб/Poud was 102.61 руб/Kg.
(Sept.: Fr 348.54 - 351.40) per kilogram of ore.

1867: 1 Ozt. Pt (SPb: Ru Pt .999) = Fr. 10.84 - 10.93 (~USD$ 2.91)

At the SPb Mint, the Funt-Rate for SPb Russian Pt @ .999 = 2,025 руб/Poud was 123.63 руб/Kg. (Sept.: Fr 419.93 - 423.38) per kilogram of ore.  

1867: 1 Ozt. Pt (SPb: Ru Pt .999) = Fr. 13.06 - 13.17 (~USD$ 3.51)

Assuming SPB refining cost руб 12./Funt (Fr. 3.11/Ozt), the Funt-Rate for SPb Russian Pt @ .999 = 2,505 руб

1867: 1 Ozt. Platinum (SPb: Ru Pt .999) = Fr. 16.16 - 16.29 (~USD$ 4.34)

1867: 1 Troy Ounce Platinum (Paris: Ru Pt .999) = Fr. 23.55  (~USD$ 6.30)
( 5.89 руб = US Gold $ 4.41; USD$ 6.107)

At the SPb Mint, the Funt-Rate for SPb Russian Platinum @ 2,500 руб/Poud was 152.62 руб/Kg. (Fr 610.48) per kilogram of Platinum Sponge/Ingot.

1867: 1 Ozt. Platinum (Paris: Ru Pt .999) = 5.89 руб ; Fr. 23.55
= US Gold $ 4.41; USD$ 6.107

Where the "livre"/Фунт (=13.166 English Troy Ounces)

1867: 1 Ozt. platina (SPb: ~83% ore, Whols.) = 3.1915 руб (~ Fr. 12.77)
= $ 2.39; USD$ 3.31 
1867: 1 Ozt. Pt (SPb: Ore @ .999, Whols.) = 3.8452 руб (~ Fr. 15.39)
= $ 2.88; USD$ 3.99

1867: 1 Ozt. Platinum (SPb: Semi-Mfg, Whols.) = 4.75 руб (~ Fr. 19.)
=$ 3.56; USD$ 4.93

1867: 1 Ozt. Iridosmine (SPb: PGMs, Whols.) = 6.20 руб (~ Fr. 24.79)
1867: 1 Ozt. Platinum Black (SPb: PGMs, Whols.) = 0.7291 руб (~ Fr. 2.92)

Citation: Paris Universal Exposition, 1867: Report upon the Precious Metals... ; William Phipps Blake, Reports of the US Commissioners (1869)

1858: 1 Ozt. platinum (Ore @ Choco, Whols.) = Fr 21.77  (USD $ 4.25)

1859: 1 Ozt. Platinum (Mfg, Trade)  = Fr  31.10 - 38.88 (USD$ 5.98 - 7.47)

1867: 1 Ozt. Platinum (Mfg, Trade)  = Fr 34.29  (USD$ 9.18)

1867: 1 Ozt. Platinum (Mfg, Whols./Retail)  = Fr 46.65  (USD$ 12.48)

1867: 1 Ozt. Platinum (Mfg, Whols./Ret.)  =  Fr 62.20 (USD$ 16.65)

1866: 1 Ozt. Platinum (wholesale, unmanufactured, St. Pb?) = Fr 13.84 - 14.

The 1862 Ingot produced in collaboration by Johnson, Matthey/ Deville &Debray actually weighed 3,215 Ozt ; almost precisely 2 Zoll-Centners (von Wagner's error: +⅓)

 *) At the International Exhibition of 1862, the firm Johnson, Matthey u &Co. in London exhibited a massive, 2 1/3 Centner heavy block of pure Platinum (in value of FFr. 85,000.), completely fusing platinum according to the refining process by Deville and Debray, the largest mass in history.  

**) A Concentrating Still  for Sulfuric acid (from Matthey) for daily concentration of 8 tons (= 160 Ctr.) Sulfuric acid costs at Johnson Matthey & Co. FFr. 62,500; a boiler for 5 tons (= 100 Ctr.) FFr. 41,000. The latter required to boiler has a platinum metal value of Fr. 27,500.

Citation: Die chemische Technologie: als Leitfaden bei Vorlesungen an Universitäten, technischen Lehranstalten, sowie zum Selbstunterricht; Johann Rudolf von Wagner (1868) p.101

Labor Price Indicated



2.33 Zoll-Centner = 257.17 Lbs avd. ~3,750 Ozt




Godart and Labordenave manufacture, tableware

 1867: 1 Ozt. Platinum (Mfg, Trade)  = Fr 36.29  (USD$ 9.71)

soldered platinum tips for lightning rod which cost only 1/3 of the price of gold (~Fr 106.82: Fr 35.61), platinum fruit knife with silver handle (weighing 36 gr. in platinum, costing 42 Fr.), platinum-plated copper crucibles (by weights for around half the price of platinum dishes)

Citation: Bericht über die Welt-Ausstellung zu Paris im Jahre ..., Volumes 2-3; Volume 6  Universal Exhibition (1867, Paris) p.264

Platinum instruments were twice the price of Silver and half the Price of Gold.

Citation: L. Mathieu, fabricant d'instruments de chirurgie &c;  L. Mathieu (1867)
 





At Trade-Retail, intrinsic Platinum was 4.286x the Price of Commercial Silver.  The manufacturing price was additional ("façon en sus" = additional charge, unstated.) 

1867: 1 Ozt. Platinum (Semi-Mfg, Trade-Retail)  = Fr 46.66 (USD$ 12.49)
1867: 1 Ozt. Silver (Semi-Mfg, Trade-Retail)  = Fr 10.886 (USD$ 2.91)  

Citation: Catalogue et prix des instruments de physique, de chimie, d'optique, de ... M Breton (1867), pp.

1867: 1 Ozt. platina (ore, whols.)  = 2.67 руб (Gold $ 2.00 Gold; $2.77) 

1867: 1 Ozt. Platinum (semi-mfg, whols.)  = 3.97 руб (Gold $ 2.98; $ 4.12)

Citation: Catalogue special de la section russe la l"exposition universelle ..., Vol. 1 (1867) (1867), p. 129

1867:  1 Ingot = 13,000 Francs

Possibly dated UK price, dubious.

Citation: Leçons élémentaires de chimie, Part 2;  Faustino Giovita Mariano Malaguti (1868) p.573

"Le platine coûte à peu près 27 francs les 31 grammes"

Belgium:

Resale of an 1861 Platinum Boiler (28.26 Kgs, 908.6 Ozt) by Vander Elst, a sulphuric acid manufacturer.




Paris Exhibition, 1867: Ruthenium Ingot, 2kgs

1867: 1 Ozt. Ruthenium (Paris: Rh .999) = Fr. 622.07

July, 1867: French Platinum Coinage idea rejected.

1867: 1 Ozt. Platinum (Theoretical Coinage Value)  < Fr 31.10
 


Platinum Foreign Manufactures, 20% Tariff

Germany, 1867

Where the Loth was 14.40 g., the Quentchen ~1.6g., the Berlin Chemist's retail price for Chlor-Platinate had fallen -17.53%


1862: 1 Ounce Troy Chlor-Gold (Photo. Chemical, Retail) = Thlr. 25.9196
1862: 1 Ozt. Chlor-Platin (Photo. Chemical, Ret.) = Thlr. 9.72 

1867: 1 Ozt. Troy Chlor-Gold (Photo. Chemical, Ret.) = Thlr. 23.38
1867: 1 Ozt. Chlor-Platin (Photo. Chemical, Ret.) = Thlr. 8.02 
1867: 1 Ozt. Chlor-Palladium (Photo. Chemical, Ret.) = Thlr. 8.02





At Fl. 24.50 Fuss:

Citation: Repertorium für physikalische Technik für mathematische und ..., Vol. 3 (1867)




Where the 1867 Paris-delivery Poud-rate (16.38 Kg) wholesale price for Ural-refined Platinum ingot was 189.25 руб /Kg., (Fl 235.77; Thlr. 176.87)  

1867: 1 Troy Oz. Platinum (Paris: SPb Refined, Bulk) = Fl. 7.33 (Thlr. 5.50)   
1867: 1 Troy Oz. Platinum (UK: Scrap, Retail) ~ £ 1.00 (USD$ 6.88)  
1867: 1 Troy Oz. Platinum (USA: Trade: Plate) = $ 6. (USD$ 8.29) 
1867: 1 Troy Oz. Platinum (France: Mfg, Ret.) = Fl. 22.30

Assuming the weight of the Meter in Platinum to be ~2.5 Kg, the total weight of Platinum manufactured should not have greatly exceeded ~112.53 Ozt.  Manufacture was estimated to be 25% of the Price.  The standards should have weighed 5.43 Kgs?


1866: 1 Troy Oz. Platinum (Sheet & Wire) = Fl 14.31 (Thlr. 8.18)

1867: 1 Troy Oz. Platinum (Bavaria: Mfg) ~ Fl. 26.66 (Thlr. 15.23)  
1867: 1 Troy Oz. Platinum (Bavaria: Refined, Bulk) ~ Fl. 22.22  (Thlr. 12.70)

1869: 1 Troy Oz. Platinum (Wire & Foil: Semi-Mfg, Ret.) ~ Fl. 16.33 (Thlr. 9.33)
1869: 1 Troy Oz. Platinum (Basic Mfg, Ret.) ~ Fl. 17.24 (Thlr. 9.85)

  

Er bat daher Steinheil, ihm seine Preisvorstellungen zu nennen. Zugleich wie es aber darauf hin, dass der Landtag voraussichtlich für die herstellung je einer genauen kopie des meters und des kilogramms aus platin nicht höher als gefahr 3,000 Fl. ansetzen werde, wobei der Metallewerth des Platin auf circa 2,500 Fl. zu veranschlagen.

He therefore asked Steinheil to give him his asking price.  At the same time as but point out that the parliament is expected for manufacturing each an exact copy of the meters and kilogram of Platinum will begin, to be not excessively higher than Fl. 3,000, with the value of the Platinum metals to be approximately estimated Fl. 2,500.

1867: 
1 Troy Ounce Platinum (bulk, whols.) = Fl. 77.76 (Fr. 164.08)

Citation: Die Mass- und Gewichtsreformen in Deutschland im 19. Jahrhundert ... (2010) p.58

UK, 1867: Scrap Price

1867: 1 Troy Ounce Platinum (Semi-Mfg, Retail) = £ 1.60 (USD$ 11.00)
1866/7: 1 Troy Oz. Platinum (Scrap, Bid) = £ 1.00 (USD$ 6.88)

PLATINA WIRE—I pay 32s. per ounce for plate or wire, but only get 20s. allowed for cuttings, or short lengths of wire. The process of remelting and working platina into larger pieces, for sale, is very costly and troublesome, and causes the great difference between the two prices—THOS. FLETCHER. 
 
Citation: English Mechanic and Mirror of Science and Art, Vol. 4 (3/22/1867) p.437


In 1866/7, Johnson & Matthey were still importing Platinum from the St. Petersburg Mint, at a rate of £ 13.20 per Pound Troy, £ 35.4/kg ; £ 16./lbs. avd. 

1867: 1 Ozt. Platinum (Customs rate) = £ 1.10 (USD$ 7.57)



In London 1865, Platinum scrap sold at 25% discount to the market or common price.

1865: 1 Ozt. Platinum (Refined, Whols.) = £ 1.24 (USD$ 9.57) 

1865: 1 Ozt. Platinum (Semi-mfg., Ret.) = £ 1.60 (USD$ 12.30)

1865: 1 Ozt. Platinum (Mfg., Ret.) = £ 2.40 (USD$ 18.46)
 
1866/7: 1 Troy Oz. Platinum (Scrap, Retail) ~ £ 1.00 (USD$ 6.88)  


1866/7:


It would be erroneous to presume the -24% difference in the Grove's Battery unit price was entirely due to a Platinum Price Drop - too many factors might otherwise account for Griffin's higher retail price.

1865: Single-Cell Grove's Battery = £ 0.66
1867: Single-Cell Grove's Battery = £ 0.50

c.1862/7 
Where 1 Ingot (£ 1,100) would compose 1 5-Ton Boiler (£ 1,640) the mfg cost was £ 540.
The ingot appears to have been 931 Ozt. (28.957 Kgs.)

1867: 1 Troy Oz. Platinum (Bulk) = £ 1.1815 (USD$ 9.09) 
1867: 1 Troy Oz. Platinum (Mfg., Still) = £ 1.762 (USD$ 13.55)




Paris: Exposition universelle d'art et d'industrie de 1867


Dentist Ward offered complete set of teeth on Platinized Silver, £ 6.; on Platina, £ 9.; on Gold  £ 12.

Citation: The Charities' record and philanthropic messenger (Dec. 31, 1867) p.75

USA, 1867: SS White Dental Catalogue Prices

1867: 1 Troy Ounce Pt (Paris: SPb Refined, Bulk .980) = $ 4.41 (USD$ 6.11) 
1867: 1 Ozt. Pt (NYC: Import Cost by Mail, Bulk .980) ~ $ 4.63 (USD$ 6.41) 
1867: 1 Ozt. Pt (NYC: Import, Bulk Rate +25%) ~ $ 5.79 (USD$ 8.01)

1866: 1 Troy Oz. Platinum (UK: Semi-Mfg, Retail) = $ 8.05 (Au) ; USD$ 11.35 (£ 1.65)
1867:  1 Ozt. Platinum (UK: Scrap, Sold) ~ $4.90 (USD$ 6.77)

1867: 1 Troy Oz. Platinum (Germany: Semi-Mfg, Ret.) ~$ 6.72; USD$ 9.29 (Thl 9.33)
1867: 1 Troy Oz. Platinum (NYC: Ger. Imp: Semi-Mfg, Retail Rate) ~$ 10.27 (USD$ 14.22)
 
1867: 1 Ozt. Platinum (Sponge: Trade) = $ 10.86 (USD$ 15.)
1867: 1 Ozt. Platinum (Plate: Trade) ~ $ 11.40 (USD$ 15.75)    

The Russian Price at Paris, quoted by Demidoff, was for a Poud-weight (~526 Ozt.)

1867: 1 Troy Ounce Platinum (Paris: Bulk, Ru Pt .98) ~$ 4.41 (USD$ 6.107) 
1868: 1 Ozt. Platinum (Paris: Bulk, Ru Pt .98) = $4.50 (USD$ 5.98)

Citation: Economic geology of the United States: with briefer mention of foreign ... Ralph Stockman Tarr (1905), p.178

McAllister's Philadelphia Catalogue price is about 100% higher than the bulk importer's cost.  Prices presumably in currency. See Catalogue of Optical & Philosophical Instruments, for Sale Wholesale and Retail, William Y. McAllister (1867) p.116:
http://www.sil.si.edu/DigitalCollections/trade-literature/scientific-instruments/files/51739/imagepages/image116.htm  

May, 1867: 1 Ozt. Platinum (Foil & Wire) = USD $24. ($ 17.52)
 
S.S. White's Catalogue of Dental Materials, Furniture & Instruments, Etc. (1867) records a wholesale price familiar to pre-War years, but sold at a Gold Premium (p.28.)

1867: 1 Troy Ounce Silver (Trade: .999) = $ 2. (USD$ 2.763)
1867: 1 Ozt. Silver (Trade: Mfg .999) = $ 3. (USD$ 4.145)

July 1866?: 1 Ozt. Platinum (USA: Trade, Sponge) ~ $ 9.89 (USD$ 15.00)
July 1866?: 1 Ozt. Pt (USA: Remelting Cost) = $ 0.53 (USD$ 0.80) 

1867: 1 Ozt. "Platinum" (Trade: 60/40? Ag/Pt Alloy, Plate) = $ 6. (USD$ 8.29)

1867: 1 Ozt. "Platinum" (Trade: 40%? Pt Alloy, Cut) = $7. (USD$ 9.67)
1867: 1 Ozt. Platinum (Pt .999, Plate) = $ 10.50 (USD$ 14.51)

 
Citation: Catalogue of Dental Materials, Furniture, Instruments, etc. ;  Samuel S. White (January 1, 1867) p.28

1867: 1 Troy Oz. Gold (Trade: 20k) = $20. (USD$ 27.63)



Likely correct.

1867: 1 Ozt. Platinum (Sponge: Trade) = $ 10.86 (USD$ 15.)
1867: 1 Ozt. Platinum (Plate: Trade) = $ 11.40 (USD$ 15.75)  

 

1867 valuation: Gold 'twice the price of' (manfactured retail) Platinum

Citation: A manual of inorganic chemistry: arranged to facilitate the experimental ... ;Charles W. Eliot, Frank H. Storer (1867)


US Imports of Platinum: $ 91,157
"Indirect Trade"
UK: Unmfg, $47,917 ; Mfg, $ 53,266; Other Mfg, $291.
France: Unmfg, $1,310; Mfg, $11,045.
Germany (Hesse-Darmstadt): Unmfg, $978




December, 1867: Detroit pharmacist price, "Cash" (in Gold) selling chemicals and "the first trituration of platina"

1867: 1 Fluid Oz. Platinum Chloride (PtCl₂, Ret.) = $3.50 (USD$ 4.84)
1867: 1 Troy Ounce Homeopathic solution? (whols., unknown purity) = $ 6. (USD$ 8.29) 

Citation: American Observer Medical Monthly, Vol. 4, 1867; p.516

 

Bulk Shipping Coin (New York to London, ~243 Kgs) c.1866/7:  $ 0.023/Ozt

In the USA, 10,000 Mexican Dollars weighed a total of 8,660 Ozt; 7,815.65 Ozt (243.1 Kg) Fine Silver. The total cost of purchase, shipping, interest charged to England was $ 199.
 
1867: 1 Ozt. Silver .999 (New York, Bulk) = $1.175
1867: 1 Ozt. Silver .999 (London, Bulk, NY Shipped, Interest) = $1.1979

 

Freight, NYC-Brest:

1 Ozt = $ 0.21943