Germany, 1876

1876: 1 Troy Ounce Platinum (Paris: Scrap) ~ ℳ  16.24  (Fr 20.30)
1876: 1 Troy Oz. Platinum (Paris: Mkt., Ingot) = ℳ 19.906 (Fr 24.883)
1876: 1 Troy Oz. Platinum (Paris: Mfg.) = ℳ  20.68  (Fr 25.86)
1876: 1 Troy Oz. Platinum (Paris: Mfg., Ret.) = ℳ 32.896  (Fr )
 
1876: 1 Troy Oz. Platinum (UK: Scrap, Bid) ~ ℳ  20.644  (~ £ 1.00) 
1876: 1 Troy Oz. Platinum (UK: Mfg, Ret.) = ℳ  51.61 - 77.42 (£ 2.50 - 3.75)


1876: 1 Troy Ounce Platinum (Mfg, Bulk) = ℳ  24.883 (USD$ )

Citation: Handbuch der chemischen Technologie: Neue Folge, Vol. 12;  Georges Lunge et al. (1903) p.785

USA, 1874-76: Importer's Prices Fall to Currency Rates (SS White Catalogue)

From The Scientific American, August 8 1874:
Q. What Is the coat of a strip of platinum, such as Is used in a Grove battery? 

A. It depends upon the size of cell. Platinum Is worth about 28 cents per gramme, or between 2 and 3 cents a grain.
1874: 1 Troy Ounce of Platinum (market) = USD$ 8.71
1874: 1 Troy Ounce of Platinum (retail) = USD$ 14.40 

A major vendor of Platinum, S.S. White Co. had a (specie) price reduction in 1875, then another to currency rates (Greenbacks) in 1876.  

The wholesale premium for pure Silver was >75% ; for pure Gold the wholesale premium was

1877: 1 Troy Ounce of Platinum (semi-mfg, sheet, retail) = USD$ 11.88

1874: 1 Troy Oz. Platinum (semi-mfg, sheet, whols.) = USD$ 8.50 / $9.52

1874: 1 Troy Oz. Silver (market price, Fine) = USD$ 1.27 / $ 1.43

1874: 1 Troy Oz. Silver (pure, whols.) = USD$ 2. / $2.24
1874: 1 Troy Oz. Gold (official price, Fine) = USD$  20.67 / $24.18
1874: 1 Troy Oz.Gold (pure, whols.) = USD$ 22.40 / $ 25.09 

1875: 1 Troy Oz. Platinum (semi-mfg, sheet, whols.) = USD$ 8.50 / $9.77

1875: 1 Troy Oz. Silver (pure, whols.) = USD$ 2. / $2.30

1875: 1 Troy Oz. Gold (pure, whols.) = USD$ 22.40 / $ 25.74

1876: 1 Troy Oz. Platinum (semi-mfg, sheet, whols.) = USD$ 8.50

1876: 1 Troy Oz. Silver (pure, whols.) = USD$ 2. / $ 2.30

1876: 1 Troy Oz. Gold (pure, whols.) = USD$ 22.40  / $ 25.76

Citation: The Dental Cosmos, A Monthly Record of Dental Science,  By James A. White (1874) p.690
 



Citation: The Dental Cosmos, A Monthly Record of Dental Science,  By James A. White (1876) p. 709

Citation: Samuel S. White Catalogue of Dental Instruments and Equipment,  Samuel Stockton White, Audrey B. Davis (1876) p. 269

 

France, 1876: Metal Prices

Where a false 20 Franc coin had 0.1867 ozt Fine Au,

1876: 1 Troy Ounce Platinum (Scrap, Bid?) = Fr 20.30 (USD$ 3.93)



Faure &Kessler Platinum Boiler appears to have cost 50% more in England than at the assumed 'Paris Rate' (Fr. 45,000 vs. Fr. 30,000) advertised in Vienna 1873. 

1876: 1 Ozt. Platinum (Mfg:) = Fr 62.50 - 93.75   
(6/76: $ 12.06 - 18.09; USD$ 13.85 - 20.77)  

Citation: Chemist and Druggist: The Newsweekly for Pharmacy, Vol. 18 7/15/1876, p.272







1876: 1 Ozt. Platinum (Mfg: Base Cost, Returned) = Fr 31.10  (USD$ 6. - 6.89)
 
Citation: Moniteur scientifique du docteur Quesneville, No.609 (Sept 1892), p.663:


The manufactured bulk price of a Platinum still is assumed Fr. 831.25/kg.


1876: 1 Ozt. Platinum (Mkt: Ingot) = Fr 24.883 ($ 4.80 USD$ 5.35) 



Compare the accuracy of the estimations to a 1878 Paris Catalogue.

1876: 1 Ozt. Platinum (Mfg, Ret.) = Fr. 41.12 ($ 7.94; USD$ 8.85)
1876: 1 Ozt. Palladium (Refined) = Fr. 232.87 ($ 44.96; USD$ 50.13)
1876: 1 Ozt. Osmium (refined) = Fr 116.01 ($ 22.39; USD$ 24.97)
1876: 1 Ozt. Iridium (refined) = Fr 113.31 ($ 21.87; USD$ 24.38)
1876: 1 Ozt. Ruthenium (refined) = Fr 499.52 ($ 96.41; USD$ 107.50)
1876: 1 Ozt. Rhodium (refined) = Fr 249.76 ($48.20; USD$ 53.75)

* @USD$ 1.115


1876: 1 Troy Oz. Platinum (SPb: French mfg) = Fr 47.57 - 53.45

1876: 1 Ozt. Platinum (Estimate) = (USD$ 6. - 6.89)
1876: 1 Troy Oz. platina (ore, Paris?) = Fr 28. ($ 5.40; USD$ 6.02)


Dated reference? Citation: Handbuch der Mineralogie; Friedrich August Quenstedt (1877)

UK, 1876: Counterfeit Gold Coins

1876: 1 Troy Oz. Platinum (Mkt) = £ 0.7529

Citation: Report of Her Majesty's Commissioners for the Paris Universal Exhibition Vol.2 p.131
 



1876: 1 Troy Oz. Platinum (Intrinsic/Mkt) = £ 1.25

Citation: Chemist and Druggist: The Newsweekly for Pharmacy, Vol. 18 6/15/1876, p.183


1876: 1 Ozt. Platinum (Mfg, Retail) = £ 2.50 - 3.75 (USD$ 13.55 - 20.33)

1876: 1 Ozt. platina (London, commercial) ~ £ 1.03 (USD$ 5.57)
1876: 1 Ozt. platina (85%, global mkt?) ~ £ 0.85 (USD$ 4.75)
1876: 1 Ozt. Platinum (intrinsic) ~ £ 1.00 (USD$ 5.59)

1876: 1 Ozt. Standard Gold = £ 3.8938 (USD$ 21.77)
1876: 1 Ozt. Pure Gold = £ 4.2458 (USD$ 23.)

c.1870-6:

Citation: The Bankers' magazine, Vol. 36 (1876) p.1003

As reported in April 1876, the estimated manufactured cost of a Gold-plated Platinum coin was 28% the Gold rate, or 1:3.57 Gold/Platinum.  If the swindle involved aforementioned Franc counterfeits, and adjusting standard Gold to ~.945 Platinum with alloy:

~30,888 Troy Ounces of Counterfeit metal = 29,189 Troy Ounces Pure Platinum
£ 120,000. @ £ 4.2458 = ~ 28,263 English Troy Ounces Pure Gold
£ 33,600. @ £ 1.15 = ~ 29,189 English Troy Ounces Platinum

1876: 1 Troy Oz. Platinum (Spanish counterfeit, intrinsic) = £ 1.15
..... Per Troy Oz. Pt (Spanish mfg COST) = £ 0.15
..... Estimated ancillary costs, to all accomplices ~ £ 1.00

Citation: Reports from Her Majesty's consuls on the manufactures, commerce ..., Vol. 19; Foreign Office, p. 1621


By the 1890s, counterfeit Gold in Platinum was scarcely 0.001% of the total Gold coinage.

Citation: The Economist, Vol. 49, Pt 2, 8/8/1891, p.1016

UK, 1876: PGMs Compared

1876: 1 Troy Ounce Platinum (mfg, retail) = £ 2.50 - 3.75 (USD$ 13.55 - 20.33)

1874: 1 Troy Ounce Platinum (mkt) = £ 1.74 (USD$ 9.43) 
1884: 1 Troy Ounce Platinum (mkt) = £ 1.47 (USD$ 7.11) 

1884: 1 Troy Ounce Platinum Scrap (refined, scrap, retail)  = £ 1.10 (USD$ 5.34)
c.1884: 1 Troy Oz Platinum (refined ingot) = £1.59
c.1884: 1 Troy Oz Platinum (refined, manufactured, retail) = £1.80


 
1874/1884 Comparison

c. 187?

1876: Republishing an English source (1875?) in Francs:

UK, 1876: Palladium Prices in Francs, Sterling

1876: 1 Troy Ounce Palladium Chloride (unmanufactured, retail)  = £ 6. (USD$ 30.48)
1876: 1 Troy Oz. Palladium Chloride (unmanufactured, retail)  = Fr 46.65 (USD$ 9.11)


1875: 1 Troy Oz. Palladium (refined) ~ USD$ 50.
1874: 1 Troy Oz. Palladium (refined) = USD$ 44.79 
1873: 1 Troy Oz. Palladium (refined) = USD$ 34.18 

Citation: The Photographic news: a weekly record of the progress of photography, Vol. 21(1877), p.30


c.1875:

c. 1875?  Unknown date? Mottershead & Co. of Manchester; Woverhampton: Mosley & Co., St. James Square

Russia, 1876: Manufactured Platinum Prices

Because the Russians were not refining and selling manufactured finished Platinum products, these were imported from London, Paris, and German houses.  Foreign exchange & duties may have been a factor in Russian "high prices,"which were still cheaper than UK retail or US retail several years earlier.

The Russian Pound (funt) = 13.17 English Troy Ounces or 0.4095 kg.  The Russian weight was the Zolotnik, less than 4 Grams = 7.2914432 Zolotnik = 1 Ozt.

1876: 1 Troy Oz. Platinum (SPb: Imported mfg) =  руб Kr. 15.09 -16.95 (£ 2.00)
.... (Fr 47.57 - 53.45; ) 


St. Petersburg: Mint Price, retail?

1867-77: 1 Troy Oz. platina (Ru ore, 74.8%) ~ £ 1.06 (USD$ 5.52)
1867-77: 1 Troy Oz. Pt (Ru, intrinsic) ~ £ 1.4216 (USD$ 7.40)

 

1876: 1 Troy Oz. of Platinum (SPb: Paris mfg) =  £ 2.14 (USD$ 11.59)

1877: 1 Troy Ounce Platinum (mfg, UK retail)  = £ 2.43 - 4.80 (USD$ 12.34 - 24.38)

1872: 1 Troy Ounce Platinum (mfg, USA retail)  = USD$ 14.00

Citation: The Chemical news and journal of industrial science..., Vol. 3,; Sir William Crookes (1877) p.88






Quoting £ 14. per English Troy Pound of platina at .999 Fine, @ руб 6.63/£ = руб 4,073.6/Poud, which is far too high; likely, this is a retail (not Bulk) rate for Russian ore delivered to or sold in UK, after middlemen, etc.

c.1872: 1 Ozt Platinum (UK: Bulk Ore/.999)  = £ 1.167
 

c.1872

 

1876: Pt Yield = 96.205 Poud = 3,848.2 Funt = 50,666 Ozt.= 1,575.9 Kgs. 

UK, 1873-85: Platinum Price Estimated to Silver

Citation: Extract from The new Werner twentieth century edition of the Encyclopaedia Britannica, Volume 19, 1907, p.

Where the market price of silver is known, the London price of platina may be hypothesized, thus:

1874: London Price of Silver = £ 0.2427 ..... Price of platina, Troy Oz. ≈ £ 0.9708
1875: Price of Silver, Troy Oz. = £ 0.2370 ..... Price of platina, Troy Oz. ≈ £ 1.0072
1876: Price of Silver, Troy Oz. = £ 0.2198 ..... Price of platina, Troy Oz. ≈ £ 0.9891
1877: Price of Silver, Troy Oz. = £ 0.2286 ..... Price of platina, Troy Oz. ≈ £ 1.0861
1878: Price of Silver, Troy Oz. = £ 0.2188 ..... Price of platina, Troy Oz. ≈ £ 1.0938
1879: Price of Silver, Troy Oz. = £ 0.2135 ..... Price of platina, Troy Oz. ≈ £ 1.1745
1880: Price of Silver, Troy Oz. = £ 0.2177 ..... Price of platina, Troy Oz. ≈ £ 1.3063
1881: Price of Silver, Troy Oz. = £ 0.2156 ..... Price of platina, Troy Oz. ≈ £ 1.4016
1882: Price of Silver, Troy Oz. = £ 0.2151 ..... Price of platina, Troy Oz. ≈ £ 1.5057
1883: Price of Silver, Troy Oz. = £ 0.2104 ..... Price of platina, Troy Oz. ≈ £ 1.5255
1884: Price of Silver, Troy Oz. = £ 0.2112 ..... Price of platina, Troy Oz. ≈ £ 1.6368
1885: Price of Silver, Troy Oz. = £ 0.2036 ..... Price of platina, Troy Oz. ≈ £ 1.6292

In London, Silver fell -16.1% and platina rose +67.8%.

c.1875:  1 Troy  Oz. platina  (ore)  = £  1. - 1.07 (USD$ 4.65 - 6.)