UK, 1898: Numismatic value of Early 19th C. Russian Coin & Medal

DSQ

1898: 1 Troy Oz. Platinum (NYC: Ingot, Mkt Avg.) = £ 2.64 (USD$ 12.79)


August 1898: 1 Troy Oz. Platinum (Mkt) = £ 2.50 - 2.80
September 1898: 1 Troy Oz. Platinum (Mkt) = £ 2.80

Citation: The Electrical Review, Vol. 43 pp.



































c.1897/8: 1 Troy Ounce Platinum (Scrap) = £ 1.99 

Citation: The Electrical Journal, Vol. 41 6/3/1898 p.189


1898: 1 Ozt. Platinum (Ingot, Mkt) = £ 3.675
 
Citation: Engineering and Mining Journal, Vol. 83 6/1/1907 p.1040





c. February 1898: Platinum Price Range?


April, 1898: Platinum Still



Where the estimated value of Platinum was half the Price of Dental Gold,

Where the February 1898 estimated value of a 3-Platinum coin (10.35 Grams, .975 Pure Pt) was £ 1.1250, 

February 1898: 1 Troy Oz. Platinum (Coin, Numismatic) = £ 3.38

1898: 1 Troy Oz. Platinum (Mkt: Intrinsic) = £ 3.0 (USD$ 14.56) 

circa December 31, 1898:




1898: 1 Troy Oz. Platinum (Mkt: Intrinsic) = £ 3.68 (USD$ 17.84) 


 
Factoring London refining cost (£ 0.0625):

1898: 1 Troy Oz. platina (Australia: Ore, 76.9% Pt) = £ 1.6496 (USD$ 8.00)
1898: 1 Ozt. Pt (Australia: NSW Ore, .999 Pt) = £ 2.145 (USD$ 10.40) 
1898: 1 Ozt. Platinum (Australia: NSW Ore, .999 Pt) = £ 2.21 (USD$ 10.70)

Citation: The Wealth and Progress of New South Wales, 1898-9;Sir Timothy Augustine Coghlan  p.389



Dental Platinum Pin weight:  ~0.02274 g. = ~0.351 grain troy

Russia, 1899

Purportedly "fleur de coin" (Uncirculated) it's not clear these aren't Novodel re-issues and the price-quote appears to be the small-lot Producer Cost

1898: 1 Troy Oz. Platinum (SPb: Refined Funt-rate Cost) = 22.807 руб
1898: 1 Troy Oz. Platinum (SPb: Numismatic) = 22.572 руб (Fr 60.08)
 
August 1898/9: 1 Troy Oz. Platinum (SPb: Numismatic) = 22.52 руб (Fr 60.08)

Citation: Catalogue des monnaies russes de tous les princes: tsars et empereurs depuis 980 jusquʼà 1899 (1899)





Citation: The Colliery Engineer, Vol. 30 (1910) p.400



1899: 1 Troy Oz. platina (SPb, mkt) ~ 24.40 руб

Unclear original data source.

 
Citation: Archives des sciences physiques et naturelles, Vol. 15 1903

 

Late April 1899:

Presumably, by mid-April 1899 the Wholesale Ask in Russia had advanced £ 1.25 (USD$ ) over the January 1899 Price in St. Petersburg.  The Johnson-Matthey London Spot did not change so, in the same period.
 
Citation: Proceedings of the Chemical and Metallurgical Society of South Africa (1899) Vol. 2, p.896

 








1899: 1 Troy Ounce Platinum (SPb Spot: Refined) = USD$ 15.22
1899: 1 Troy Oz. Platinum (German Quote) = USD$ 15.19

Citation: Engineering and Mining Journal, Vol. 112, #12 ; American Institute of Mining Engineers (1921), p.478



French source, earlier production statistics:

Nov. 1899: 1 Troy Oz. platina (Ural Mining Labor Cost: 83% ore) =  9.4789 руб
Nov. 1899: 1 Troy Oz. Pt (Ural Mining Labor Cost: 83% ore) =  11.42 руб



1899: 1 Troy Oz. platina (SPb Spot: 83% ore) = 24.6846 руб
1899: 1 Troy Oz. Pt (SPb Refining Cost) = 0.3798 руб 
1899: 1 Troy Oz. Pt (SPb Spot: .999) ~ 29.74 руб

Citation: L'Oural, By Maurice Verstraete (1899), p. 199


1899: 1 Troy Oz. Platinum (SPb: Sponge) = 34.1786 руб
1899: 1 Troy Oz. Platinum (SPb: Sheet) = 37.976 руб
1899: 1 Troy Oz. Platinum (SPb: Mfg) = 49.37 руб (USD$

Citation: L'Oural, By Maurice Verstraete (1899), p. 203


1899-1909: 1 Troy Oz. platina (Ural Contract: +83% ore) = 21.56 руб
1899-1909: 1 Troy Oz. Pt (Ural Spot: .999) = 25.364 - 25.975 руб

Citation: L'Oural, By Maurice Verstraete (1899), pp.208

Russian Import Tariff on Platinumware, руб 2.2786/Ozt



 

UK, 1901: Numismatic Value of Pt Roubles

January 1901: 1 Ozt. Platinum (London: Ingot, Mkt) = £ 3.75 (USD$ )
January 1901: 1 Ozt. Platinum (London: Mfg, Retail) = £ 3.875 (USD$ )
January 1901: 1 Ozt. Platinum (London: Fine Mfg, Ret.) = £ 4. (USD$ )

Citation: Engineering and Mining Journal, p.68(Vol. 71 (1/12/1901)


Late January 1901: 1 Ozt. Platinum (London Retail) = £ 4.20 (USD$ )

Citation: Engineering and Mining Journal, p.152(Vol. 71 (2/2/1901)


May 1901: 1 Ozt. Platinum (London: Ingot, Mkt) = £ 4.22 (USD$ )
May 1901: 1 Ozt. Platinum (London: Mfg, Retail) = £ 4.36 (USD$ )
May 1901: 1 Ozt. Platinum (London: Fine Mfg, Ret.) = £ 4.51 (USD$ )

Citation: Engineering and Mining Journal, p.636 (Vol. 71 (5/18/1901)


From February, 1898, the 1828 3-Rouble FDC rose 55%, from £ 1.13 but there was no rhyme or reason to Spink's prices based on mintage; old stock was simply reduced relative to new. 

Where the estimated difference between EF-45 and VF-35  £ 0.50, a cull 3-Rouble of 10.3 g (@ 96% purity ~ 9.88 g) estimated @£ 1.00 (USD$ 4.87) valued by weight far too low: 

August, 1901: 1 Ozt. Platinum (Numismatic) = £ 3.1456 (USD$ 15.33)

Late 1901: 1 Ozt. Platinum (US mkt, ingot) ~ £ 4.11- 4.32
Late 1901: 1 Ozt. Platinum (scrap, US Retail) ~ £ 4.474

1901: 1 Ozt. Gold ('standard' .9167) = £ 3.8521 (USD$ 18.77)
1901: 1 Ozt. Gold (Fine, mkt) = £ 4.2022 (USD$ 20.48)

The Russian Half-Imperiale (7.5 Roubles 5.999 g) was rated as currency £ 0.775 (1897) but sold in Spink's Catalogue in VF-35 for £ 0.875, a 12.90% premium over currency.

1901: 1 Ozt. Gold (Mint, foreign coin .999) = £ 4.02 (USD$ 19.58)

1901: 1 Ozt. Gold (Coin, Numismatic) = £ 4.5367 (USD$ 22.11)

1901: 1 Ozt. platina (Russian ore, Spot) = USD$ 14.12
1901: 1 Ozt. Platinum (ingot) = USD$ 18.20 - 21.

Citation: The Numismatic Circular and Catalogue of Coins, Tokens ..., Vol. 9 ;  Spink & Son p.4807 (August, 1901)





c.1901: 1 Ozt. Platinum (retail) = £ 4.00 (USD$ 19.49)

Citation: Wilson's Photographic Magazine, Vol.39 p.157



Citation: Stability of international exchange: Report on the introduction of the gold ...(1903)



5/2005: Pt Spot @
Goldberg Auctions Sale 31, Lot 1980 (Tuesday, May 31, 2005):  a Platinum 3 Rubles 1842-SPB (Fr-160; Bitkin-91; Sev-637; Cr-177. PCGS graded MS-62; The Dr. Robert D. Hesselgesser Collection.

Estimated Value $1,250 - 1,500. Realized $2,645.