June 27, 2012
June 26, 2012
Russia, 1915
Jan. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Monopolist Rate) =
руб 43.67 (USD$ 18.78)
Jan. 1915: 1 Ozt. Pt (Ural Bulk: Ore @.999) = руб 52.62 (USD$ 22.63)
Jan. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Small Lot) =
руб 58.33 (USD$ 25.08)
Jan. 1915: 1 Ozt. Pt (Ural Spot: Ore @.999) = руб 70.28 (USD$ 30.22)
Citation: Mining Journal (1915) Vol 99 No 16, p.720
Feb. 1915:
Feb. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Monopolist Rate) =
руб 58.86 (USD$ 26.41)
Feb. 1915: 1 Ozt. Pt (Ural Bulk: Ore @.999) = руб 70.92 (USD$ 31.82)
Mar. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Small Lot) =
руб 58.33 (USD$ 25.08)
Mar. 1915: 1 Ozt. Pt (Ural Spot: Ore @.999) = руб 70.28 (USD$ 30.22)
Apr. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Small Lot) =
руб 65.62 (USD$ 28.22)
Apr. 1915: 1 Ozt. Pt (Ural Spot: Ore @.999) = руб 79.06 (USD$ 34.)
April, 1915: 1 Troy Oz. Platinum (NYC: Ingot, .999) = руб 88.37 - 92.02 ($ 38.-40.)
Citation: Mining Journal (1915) Vol 99 No 16, p.720
May 1915: 1 Troy Oz. platina (Ural Spot: 83% Ore) = руб 59.79 (USD$ 24.06)
May 1915: 1 Troy Oz. Pt (Ural Spot: .999) = руб 72.04 ($ 29.)
May 1915: 1 Ozt. platina (Petrograd Spot: 83% Ore) = руб 63.61 (USD$ 25.70)
May 1915: 1 Troy Oz. Pt (Ural Spot: .999) = руб 76.64 ($ 30.96)
May, 1915: 1 Troy Oz. Platinum (NYC: Ingot, .999) = руб 95.30 ($ 38.50)
August 1915: 1 Troy Oz. platina (Ural Spot: 83% Ore) = руб 85.46 ($ 29.48)
August 1915: 1 Troy Oz. Pt (Ural Spot: .999) = руб 102.96 ($ 35.52)
August, 1915: 1 Troy Oz. Platinum (NYC: Ingot, .999) = руб 113.77 ($ 39.25)
As reported 7/1916:
Citation: The Americas, Vol. 2 No. 12; National City Bank of New York
руб 43.67 (USD$ 18.78)
Jan. 1915: 1 Ozt. Pt (Ural Bulk: Ore @.999) = руб 52.62 (USD$ 22.63)
Jan. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Small Lot) =
руб 58.33 (USD$ 25.08)
Jan. 1915: 1 Ozt. Pt (Ural Spot: Ore @.999) = руб 70.28 (USD$ 30.22)
Citation: Mining Journal (1915) Vol 99 No 16, p.720
Feb. 1915:
Feb. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Monopolist Rate) =
руб 58.86 (USD$ 26.41)
Feb. 1915: 1 Ozt. Pt (Ural Bulk: Ore @.999) = руб 70.92 (USD$ 31.82)
Mar. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Small Lot) =
руб 58.33 (USD$ 25.08)
Mar. 1915: 1 Ozt. Pt (Ural Spot: Ore @.999) = руб 70.28 (USD$ 30.22)
Apr. 1915: 1 Troy Oz. platina (Ural: 83% Ore, Small Lot) =
руб 65.62 (USD$ 28.22)
Apr. 1915: 1 Ozt. Pt (Ural Spot: Ore @.999) = руб 79.06 (USD$ 34.)
April, 1915: 1 Troy Oz. Platinum (NYC: Ingot, .999) = руб 88.37 - 92.02 ($ 38.-40.)
Citation: Mining Journal (1915) Vol 99 No 16, p.720
May 1915: 1 Troy Oz. platina (Ural Spot: 83% Ore) = руб 59.79 (USD$ 24.06)
May 1915: 1 Troy Oz. Pt (Ural Spot: .999) = руб 72.04 ($ 29.)
May 1915: 1 Ozt. platina (Petrograd Spot: 83% Ore) = руб 63.61 (USD$ 25.70)
May 1915: 1 Troy Oz. Pt (Ural Spot: .999) = руб 76.64 ($ 30.96)
May, 1915: 1 Troy Oz. Platinum (NYC: Ingot, .999) = руб 95.30 ($ 38.50)
August 1915: 1 Troy Oz. platina (Ural Spot: 83% Ore) = руб 85.46 ($ 29.48)
August 1915: 1 Troy Oz. Pt (Ural Spot: .999) = руб 102.96 ($ 35.52)
August, 1915: 1 Troy Oz. Platinum (NYC: Ingot, .999) = руб 113.77 ($ 39.25)
As reported 7/1916:
Citation: The Americas, Vol. 2 No. 12; National City Bank of New York
September, 1915: 1 Troy Oz. platina (Ural Spot, 83%) = $ 28. - 29.
September, 1915: 1 Troy Oz. Pt (Ural Spot, @ .999) = $ 33.73 - 34.94
June 22, 2012
Russia, 1887
1887: 1 Troy Ounce platina (Ural Cost ~74.8%) = 3.70 - 4.03 руб Kr (Fr. 8.86)
1887: 1 Troy Oz platina (Ural Spot ~74.8%) = 8.39 - 9.14 руб Kr (Fr. 20.09)
In 1887, the yield was almost 4,000 kilograms of platinum; the cost was Fr. 283./kg and the sale price was Fr. 646./kg.
Citation: Traité des gîtes minéraux et métallifères: recherche, étude... Vol. 2; Edmond Fuchs, Louis Launay (1893) p.999
1887: Where the Poud was 526.64 English Troy Ounces, the total export (exceeding official annual production) of 229 Poud = 120,600 Ozt. At the official export rate/1887 exchange:
1887: 1 Kilogram Ore ~74.8% = 304.85 руб Kr (£ 27.06, ℳ 552.3)
1887: 1 Kg. Pt .999 = 407.55 руб Kr (£ 36.17, ℳ 738.4)
1887: 1 Troy Oz. platina (SPb: Export) = 9.482 руб Kr
.... (£ 0.8415, USD$ , ℳ 17.18)
1887: 1 Troy Oz. Pt (SPb: Export) = 12.676 руб Kr (USD$ )
.... (£ 1.125, USD$ , ℳ 22.97)
1887: Pt Export = 310 Poud = 12,400 Funt = 163,260 Ozt.= 5,077.95 Kgs.
.... Pt (.999) Yld = 171.3 Poud = 6,851.7 Funt = 90,210 Ozt.= 2,805.8 Kgs.
"Report for the Year 1888, Trade of the District Taganrog"
Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15
1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб
Where the 1890-4 contract price was 8,000 руб Kr. per Poud at intrinsic value of platina (80%) the actual Spot 80% ore was 6,400 руб Kr. per Poud.
1890: 1 Troy Ounce platina (Ural Spot, 80%) = 8.7497 руб Ag
1890: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.9372 руб Ag
1891: 1 Troy Ounce platina (Ural Spot, 80%) = 8.0206 руб Ag
1891: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.0257 руб Ag
1892: 1 Troy Ounce platina (Ural Spot, 80%) = 7.6560 руб Ag
1892: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.57 руб Ag
1893: 1 Troy Ounce platina (Ural Spot, 80%) = 7.8991 руб Ag
1893: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.8738 руб Ag
1894: 1 Troy Ounce platina (Ural Spot, 80%) = 8.1421 руб Ag
1894: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.1776 руб Ag
From Berlin in 1890:
The discrepancy may be explained by intrinsic value.
1887: 1 Troy Ounce platina (Ekat, Cost) ~ Fr 8.86 (USD$ 1.70)
1887: 1 Troy Ounce platina (Ekat, Sale) ~ Fr 20.06 (USD$ 3.86)
1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб (USD$ 8.29)
1887:
Apparently, Fine Pt (at a rate between Fr. 31.32 - 34.12)
1887: Where the Pood was 526.64 English Troy Ounces, 310 Poud = 163,258.4 Ozt.
1888: Where the Pood was 526.64 English Troy Ounces, 229 Poud = 120,600 Ozt.
1887: 1 Troy Oz. platina (SPb: contract, export) = 9.482 руб Kr (USD$ 5.30)
1888: 1 Troy Oz. platina (SPb: contract, export) = 9.917 руб Kr (USD$ 5.395)
"Report for the Year 1888, Trade of the District Taganrog
"Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15
1887: 1 Troy Oz platina (Ural Spot ~74.8%) = 8.39 - 9.14 руб Kr (Fr. 20.09)
In 1887, the yield was almost 4,000 kilograms of platinum; the cost was Fr. 283./kg and the sale price was Fr. 646./kg.
Citation: Traité des gîtes minéraux et métallifères: recherche, étude... Vol. 2; Edmond Fuchs, Louis Launay (1893) p.999
1887: Where the Poud was 526.64 English Troy Ounces, the total export (exceeding official annual production) of 229 Poud = 120,600 Ozt. At the official export rate/1887 exchange:
1887: 1 Kilogram Ore ~74.8% = 304.85 руб Kr (£ 27.06, ℳ 552.3)
1887: 1 Kg. Pt .999 = 407.55 руб Kr (£ 36.17, ℳ 738.4)
1887: 1 Troy Oz. platina (SPb: Export) = 9.482 руб Kr
.... (£ 0.8415, USD$ , ℳ 17.18)
1887: 1 Troy Oz. Pt (SPb: Export) = 12.676 руб Kr (USD$ )
.... (£ 1.125, USD$ , ℳ 22.97)
1887: Pt Export = 310 Poud = 12,400 Funt = 163,260 Ozt.= 5,077.95 Kgs.
.... Pt (.999) Yld = 171.3 Poud = 6,851.7 Funt = 90,210 Ozt.= 2,805.8 Kgs.
"Report for the Year 1888, Trade of the District Taganrog"
Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15
1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб
Where the 1890-4 contract price was 8,000 руб Kr. per Poud at intrinsic value of platina (80%) the actual Spot 80% ore was 6,400 руб Kr. per Poud.
1890: 1 Troy Ounce platina (Ural Spot, 80%) = 8.7497 руб Ag
1890: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.9372 руб Ag
1891: 1 Troy Ounce platina (Ural Spot, 80%) = 8.0206 руб Ag
1891: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.0257 руб Ag
1892: 1 Troy Ounce platina (Ural Spot, 80%) = 7.6560 руб Ag
1892: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.57 руб Ag
1893: 1 Troy Ounce platina (Ural Spot, 80%) = 7.8991 руб Ag
1893: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.8738 руб Ag
1894: 1 Troy Ounce platina (Ural Spot, 80%) = 8.1421 руб Ag
1894: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.1776 руб Ag
From Berlin in 1890:
The discrepancy may be explained by intrinsic value.
1887: 1 Troy Ounce platina (Ekat, Cost) ~ Fr 8.86 (USD$ 1.70)
1887: 1 Troy Ounce platina (Ekat, Sale) ~ Fr 20.06 (USD$ 3.86)
1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб (USD$ 8.29)
1887:
Apparently, Fine Pt (at a rate between Fr. 31.32 - 34.12)
1887: Where the Pood was 526.64 English Troy Ounces, 310 Poud = 163,258.4 Ozt.
1888: Where the Pood was 526.64 English Troy Ounces, 229 Poud = 120,600 Ozt.
1887: 1 Troy Oz. platina (SPb: contract, export) = 9.482 руб Kr (USD$ 5.30)
1888: 1 Troy Oz. platina (SPb: contract, export) = 9.917 руб Kr (USD$ 5.395)
"Report for the Year 1888, Trade of the District Taganrog
"Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15
Russia, 1897
c.1898: 1 Troy Ounce Platinum (Mkt: Paris, London Refined) = 33.72 руб Kr.
(USD$ 17.33)
c.1897: 1 Ozt platina (Ural contract: Ore) = 13.86 руб Kr.
Where the Poud was руб 7,300 (Au?)
1877: 1 Ozt. Au (Export: Ore ?)= 13.863 руб Kr. (USD$ 10.78-10.83)
1877: 1 Ozt. platina (Export: Ore, 74.8%)= 4.558 руб Kr. (USD$ 3.51-3.56)
1877: 1 Ozt. Pt (Export: Pt, Intrinsic .999) = 6.093 руб Kr. (USD$ 4.69-4.76)
Die Kosten für die zu errichtende Platinraffinerie würden sich leicht aus dem Preise für Platin decken, indem Rub. 1000 von jedem verkauften Pud Platin dazu bestimmt werden, was im ersten Jahre Rub. 200,000-260,000 ausmachen würde. Im Auslande zahlt man pro 1 Pud raffiniertes Platin Rub. 17,760, während das Rohplatin Rub. 7,300 kostet. Das Raffiniren eines Pudes kostet Rub. 425; rechnet man noch dazu die Ausgaben für Verbesserung an den technischen Einrichtungen und Verwaltung 50 Proc. der obigen Summe, so würden zu der Zeit, wo der Preis auf Rohplatin Rub. 7300 pro Pud betrug, für den Ankauf von Rohplatin 17,760 - (425 + 212), mithin Rub. 17,123 verfügbar bleiben und die Productionskosten für 1 Jahr bei einer Verarbeitung von 200-250 Pud jährlich Rub. 127,000 — 159,000 betragen.
In 1877, the price rose to Rub. 2400, because the offer was low, and the buyer was afraid the occurrence of Concurrenten. This is still very low prices made it possible to exploit the platinum richest localities at the Issa, and consequently this was also a year only to a very limited yield, 1867-1869 6-7 Poud, 1870-1877. The cost of the platinum refinery to be built would easily be covered by profit on the price of Platinum, determined at Rub. 1,000. per Poud, which in the first year would amount to Rub. 200,000. to 260,000. Abroad, you pay Rub. 17,760. per Poud refined platinum, while the crude platina costs Rub. 7,300. The refining of a Poud costs Rub. 425; we still expect expenditure on improvement of technical devices and management to be 50% of the above sum, so when the price of crude platinum was Rub. 7,300 per Poud, for the purchase of crude platinum 17,760 - (425 + 212), thus Rub. 17,123 remain available and the annual cost of production for processing 200-250 poods annually would be Rub. 127,000-159,000.
Citation : Handelsblatt der Chemiker-Zeitung Vol 22, No. 58 (1898) Walther Adolf Roth p.588
1897: 1 Troy Oz. platina (Ural Contract: 83% ore) =13.29 руб
1897: 1 Troy Oz. Pt (Contract @ .999) =16.01 руб
1897: Russian Refiner's Cost @205 руб/Poud = 0.3893 руб
1897: 1 Troy Oz. Platinum (SPb: Refined Poud) =16.403 руб
Citation: The Mineral Industry, Vol. 7 (1899) p.570
Platina earned 1/3rd the Price of Gold, for the starateli of the Urals. Stolen platina may have sold ~ double the low rate offered by concessionaires.
As late as 1897, Russia did not refine but rather exported nearly all the raw ore abroad.
Apparently, a discounted bulk (poud) rate. At the USD$ price cited ($7.75-8.75/Ozt) 1 Poud platina cost 7,925 - 8,948 руб; hypothetically, at a higher commercial rate (484 - 546 руб x 10%) 1 Kg. platina cost 532 - 601 руб
1897: 1 Troy Ounce platina (Ural Producer: 75%) = 1.54 руб (USD$ 3.)
1897: 1 Troy Oz. Pt (Ural Producer: .999) = 2.06 руб (USD$ 4.)
1897: 1 Troy Oz. platina (Ural Producer: 83.5%) = 1.93 руб (USD$ 3.75)
1897: 1 Troy Oz. Pt (Ural Producer: .999) = 2.31 руб (USD$ 4.49)
1897: 1 Troy Oz. platina (Ural: 'Theft Platina') = 3 руб (USD$ 5.84)
1897: 1 Troy Oz. Pt (Ural Producer: .999) = 3.59 руб (USD$ 6.99)
1897: 1 Troy Oz. platina (Ural: 'Theft Platina') = 4 руб (USD$ 7.78)
1897: 1 Troy Oz. Pt (Ural Producer: .999) = 4.79 руб (USD$ 9.32)
1897: 1 Troy Oz. platina (Ural Spot: 75%) = 15.049 руб (USD$ 7.75)
1897: 1 Troy Oz Pt (Ural Spot: .999) = 20.47 руб (USD$ 10.52)
1897: 1 Troy Oz. platina (Ural Spot: 83%) = 16.99 руб (USD$ 8.75)
1897: 1 Troy Oz Pt (Ural Spot: .999) = 20.45 руб (USD$ 10.54)
1897: 1 Troy Oz Platinum (SPb: refined) = 30.78 руб (USD$ 15.85)
Citation: The Mineral Industry, Vol. 6 (1897) pp.550-552
1897: 1 Troy Oz. platina (Crown Sale: 73.5%) = 15.55 руб (USD$ 7.99)
1897: 1 Troy Oz Pt (Crown Sale: .999) = 21.16 руб (USD$ 10.88; £ 2.116)
1897: 1 Troy Oz. platina (Crown Sale: 83%) = 18.66 руб (USD$ 9.59)
1897: 1 Troy Oz Pt (Crown Sale: .999) = 22.48 руб (USD$ 11.56; £ 2.248)
Citation: La Russie à la fin du 19e siècle; W. de Kovalevsky, Arthur Raffalovich p. 320
1897: 1 Troy Oz. Pt (Contract, .999) = 16.30 руб (Fr 43.74; USD$ 5.99)
June 1897:
Citation: La Revue Scientifique, Vol. 60 (June 1897) p.30
1897: 1 Troy Oz. Platinum (NYC: 83% ingot, whols.) = $ 12.34
1897: 1 Troy Oz. Pt (NYC: Ingot, .999) ~ $ 14.87
1896/7: 1 Troy Oz. Platinum (NYC: Refined) = $ 14.
1897/8: 1 Troy Oz. Platinum (NYC: Refined) = $ 15. - 16.
1897:
c.1897: 1 Troy Oz. platina (Ural Contract: 83% ore) =15.552 руб
c.1897: 1 Troy Oz. Pt (Contract @ .999) = 18.74 руб
c.1897/8?: 1 Troy Oz. platina (Ural Contract: 83% ore) =18.66 руб
c.1897/8?: 1 Troy Oz. Pt (Contract @ .999) = 22.484 руб
George F. Kunz
Kunz: Alluvial Gold Cost, c.1897
Russia, 1896
1896: 1 Troy Oz. platina (Ural Contract: 83% ore) = руб 10.63 (USD$ 5.47)
1896: 1 Troy Oz. Pt (Contract @ .999) = руб 12.81 (USD$ 6.59)
Citation: The Colliery Engineer, Vol. 30 (Feb. 1910) p.400
c.1896? where the Ural Spot (Ore, at purity) was $ 258.07/kg
c.1896?: 1 Ozt. platina (Ural : 83% ore) = USD$ 6.66 (12.9467 руб)
c.1896?: 1 Ozt. Pt (Ural : Ore, .999) = USD$ 8.03 (15.60 руб)
Ciation: Iron Age, Vol. 61 p. 1/20/1898 p.16
circa Oct. 1896? Fr. 1,300/Kg. = ~ руб Kr. 484.51; £ 51.54 (руб Kr. 480. - 486.25)
1896: 1 Troy Oz. platina (SPb: Mkt) = 15.07 руб (Fr 40.435; £ 1.60; USD$ 5.92
Probably, "руб Kr. 8,000/Poud":
1896: 1 Troy Oz. platina (SPb: 83%, Mkt) = 15.19 руб (USD$ 7.82)
1896: 1 Troy Oz. Pt (SPb: .999, Mkt) = 18.30 руб (USD$ 9.42)
Citation: Revue scientifique, Vol. 6 No. 24 p.766 (12/1896) p.766
1896: 1 Troy Oz. platina (Ural Contract: 83% ore) = 13.29 руб (USD$ 6.84)
1896: 1 Troy Oz. Pt (Contract @ .999) = 16.01 руб (USD$ 8.24)
1896: Russian Refiner's Cost @205 руб/Poud = 0.3893 руб (USD$ 0.20)
1896: 1 Troy Oz. Platinum (SPb: Ingot, Poud-Rate) = 16.403 руб (USD$ 8.44)
Citation: The Mineral Industry, Vol. 7 (1899) p.570
By 1896, the NY Platinum price was about double the St. Petersburg Price.
1895/6: 1 Troy Oz. Platinum (SPb, Spot) = 17.10 - 21. руб (USD$ 8.80 - 10.80)
1896: 1 Troy Oz. Pt (Contract @ .999) = руб 12.81 (USD$ 6.59)
Citation: The Colliery Engineer, Vol. 30 (Feb. 1910) p.400
c.1896? where the Ural Spot (Ore, at purity) was $ 258.07/kg
c.1896?: 1 Ozt. platina (Ural : 83% ore) = USD$ 6.66 (12.9467 руб)
c.1896?: 1 Ozt. Pt (Ural : Ore, .999) = USD$ 8.03 (15.60 руб)
Ciation: Iron Age, Vol. 61 p. 1/20/1898 p.16
circa Oct. 1896? Fr. 1,300/Kg. = ~ руб Kr. 484.51; £ 51.54 (руб Kr. 480. - 486.25)
1896: 1 Troy Oz. platina (SPb: Mkt) = 15.07 руб (Fr 40.435; £ 1.60; USD$ 5.92
Probably, "руб Kr. 8,000/Poud":
1896: 1 Troy Oz. platina (SPb: 83%, Mkt) = 15.19 руб (USD$ 7.82)
1896: 1 Troy Oz. Pt (SPb: .999, Mkt) = 18.30 руб (USD$ 9.42)
Citation: Revue scientifique, Vol. 6 No. 24 p.766 (12/1896) p.766
1896: 1 Troy Oz. platina (Ural Contract: 83% ore) = 13.29 руб (USD$ 6.84)
1896: 1 Troy Oz. Pt (Contract @ .999) = 16.01 руб (USD$ 8.24)
1896: Russian Refiner's Cost @205 руб/Poud = 0.3893 руб (USD$ 0.20)
1896: 1 Troy Oz. Platinum (SPb: Ingot, Poud-Rate) = 16.403 руб (USD$ 8.44)
Citation: The Mineral Industry, Vol. 7 (1899) p.570
By 1896, the NY Platinum price was about double the St. Petersburg Price.
1895/6: 1 Troy Oz. Platinum (SPb, Spot) = 17.10 - 21. руб (USD$ 8.80 - 10.80)
1896: 1 Troy Oz. Platinum (Russian Ingot @ NYC) = USD$ 12.00
1896: 1 Troy Ounce Platinum (Paris: .999 Mkt) = Fr 56. (USD$ 10.95)
1896: 1 Troy Oz. Platinum (NYC: semi-mfg, whols.) = USD$ 15.55 - 23.33
1895/6: Greatest likelihood (forex, date, etc.)
circa December 1896? Fr. 1,474/Kg. = 549.43 руб
1896: 1 Troy Oz. platina (SPb: Mkt) = 17.09 руб (USD$ 8.79)
1896: 1 Troy Oz. Pt (SPb: Mkt) = 20.59 руб (USD$ 10.60)
Citation: La Russie industrielle: étude sur l'Éxposition de Nijni-Novgorod; Maurice Verstraete, p.293
1896/7: 1 Troy Oz. Pt (France: Mkt) = руб (Fr. 34.99)
Citation: Revue scientifique, (10/1897) p.510
1896: 1 Troy Oz. Pt (France: Mkt) = руб (Fr. 45.56)
Citation: Le Marché financier, (1898)
Citation: The Colliery Engineer, Vol. 30 (1910) p.400
1896: 1 Troy Oz. Pt (NYC: SPb, Refined Sheet) ~ 30.53 руб
1896: Presumably, Russian Ingot at New York City
June 21, 2012
France, 1896
Where the scrap weight of Platinum counterfeit Fr 20 coin was ~0.2074 Ozt.
c.1896?: 1 Troy Ounce Platinum (Paris: Scrap, Bid) = Fr 38.57 (USD$ 7.52)
These counterfeit Fr. 20 coins of platinum are, of course, cut at the counters of major governments. The merchants then buy the metal for 8 francs.
Citation: Revue suisse de numismatique, Vol. 7 Ed. Paul Strœhlin, E. Demole (1898) p.417
1896: 1 Troy Oz. platina (Russian ore, @ Paris?) ~ Fr 46.66 (USD$ 9.03)
1896: 1 Troy Ounce Platinum (Paris Mkt) = Fr 56. (USD$ 10.95)
1896: 1 Troy Oz. Platinum (US Dealer, Whols.) ~Fr. 80.32 - 120.5 (USD$ 15.55 - 23.33)
1897: 1 Troy Oz. Platinum (Paris Mkt) = Fr 62.21 (USD$ 12.13)
Citation: Bulletin de statistique et de législation comparée, Vol. 28, Issue 2, Ministère de l'économie et des finances, p.639
Carbon!!!
1896: 1 Troy Ounce Platinum (Mfg: Light Filament) = Fr 2,488.28 - 3,732.42
.... ($ 481.55 - 722.33)
The most expensive product in the world. - If asked to identify which product made the most expensive in the world, it is difficult to imagine that these are the filaments of carbon that is used for incandescent lamps is however that says electric YÉtincelle. Most are manufactured in Paris and out of the hands of one man. This is the program that takes place the wholesale; but by delaying the price of his goods to the kilogram, we see that the lamp filaments of 20 candle-power worth 80,000 francs. kilogram, and lamps 3 candle-power 120,000 francs. These first have a diameter of 20 thousandths of a millimeter, and the other half and 4 mils.
Each other and are very much like hair, with the difference that, when touched, they do not bend. They are very resistant, but quite fragile when pressure transverse forces. This is because in the production of lamps, in one case a lot. Those lamps 3 candles are so light that it takes to get 3 million to the weight of one kilogram. Since the length of each is 0m, 10, the total length is 300 kilometers. The strand of platinum used in reticles glasses are much thinner, but they are manufactured with a ductile material instead of being with charcoal. The relatively prodigious price of these filaments is the multiplicity of manipulations to which they are subjected, and which are so delicate that the price of 120 francs per gram or 120 000 francs per kilogram is not exaggerated. The artist manufacturer does not employ workers, and it may be sufficient only to commands that happen to him in the most distant countries. This is certainly the most original and least known Parisian industries.
Citation: Cosmos: revue des sciences et de leurs applications, Vol. 36; Abbé Moigno (François Napoléon Marie) 4/24/1897 p.513
June 20, 2012
France, 1897
Citation: Dictionnaire du commerce, de l'industrie et de la banque; Yves Guyot p.1075
1875-1904: French Market for Refined Platinum, Gold & Silver per Kilogram
1897: 1 Troy Ounce Platinum (Paris: Refined, Mkt) = Fr 62.21 (USD$ 12.13)
1897: 1 Troy Ounce Gold (Paris: Refined, Mkt) = Fr 106.91 (USD$ 20.84)
1897: 1 Troy Ounce Silver (Paris: Refined, Mkt) = Fr 3.14 (USD$ 0.61)
Citation: Bulletin de statistique et de législation comparée, Vol. 28, Issue 2, Ministère de l'économie et des finances, p.639
c. 1897
Citation: Dictionnaire de l'industrie: matieres premières, machines et appareils ... Julien Lefèvre (1899) p.640
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