Showing posts with label Chloride Salt. Show all posts
Showing posts with label Chloride Salt. Show all posts

July 23, 2014

France, 1848


c.1848/9: 1 Troy Ounce Platinum (SPb: Russian Ingot) = Fr 26.355 (6.8357 руб Kr)


c.1848/9: 1 Troy Oz. Platinum (NYC: Imported Ingot, Fine?) = (USD$ 7.50 - 8.33)
c.1848: 1 Troy Oz. Platinum (NYC: Semi-Mfg, Retail) ~ Fr 56.72 - 57.33 ($ 11.)

c.1848/9: 1 Troy Oz. Platinum (Paris: Semi-Mfg, Retail) = Fr. 37.324 (~$ 7.18)
c.1848/9: 1 Troy Oz. Pt Chloride (Paris: PtCl2, Ret.) = Fr. 31.104 (~$ 5.98)

As indicated, in 1848:
"Mr. Germer Bailliere believes it's useful to readers to insert at the end of this new edition a program of products and utensils necessary to repeat the experiments described therein. He was sent this by a House by honorably known for the purity of its products and dealing especially with everything that relates to the study of chemistry and physics." 

Citation: Chimie élémentaire avec ses principales applications aux arts... Apollinaire Bouchardat (1848) p.595


 
The 1849 Catalogue is identical, as above. (Whereas the 2nd French Edition was translated from the 10th English Edition, the 3rd French Edition was translated from the 18th English Edition.)

Citation: Manipulations électrotypiques ou Traité de galvanoplastie;  Charles V. Walker (1849) p.148




Citation: Société d'encouragement pour l'industrie nationale (1848)





 



1834-(1848)



1845-1850: SPb price



c. 1848/9: Demidoff gives platina nugget to Bruxelles (Belgium.)

Weight: 163.47 g. (~38.3 zolotnik)


June 2, 2012

Chlor-platinates

c.1859: Double Salt, at 28% purity



By fluid volume, there were 0.44 - 0.88 English Troy Grains pure Pt per Imperial fluid ounce of bichloride solution



 26.5% Pt

June 1, 2012

UK, 1859

Refiners undoubtedably reaped greater savings with discounted bulk purchases or contract prices far lower than 'common prices.'  In 1859, Platinum still sold at the same 1850 wholesale price, strongly suggesting source- and spot-price stability.

Assuming a Price/Weight set by Specific Gravity of 21.5, a kilogram of Russian scrap, large bulk, cost £ 24.90 -26.00 and sold £ 40., a 62% markup.

1859: 1 Troy Ounce Pt (SPb, Bulk Ore) = £ 0.7737 - £ 0.8086 
1859: 1 Ozt. platina (SPb, Bulk Ore) = £ 0.745 - £ 0.760 

1859: 1 Ozt Platinum (SPb, Bulk Refined) ~ £ 0.9283 - 0.9701
1859: 1 Ozt. Platinum (SPb, Same, Cash-Rate) ~ £ 0.8947 - 0.9127

1859: 1 Ozt. Platinum (UK Mkt: Scrap?) =                          £ 1.25 (USD$ 6.13)
1859: 1 Ozt. Platinum (UK Mkt: Producer?) =                   £ 1.50 (USD$ 7.35)

1859/60: 1 Ozt. Platinum (Intrinsic, Bulk) =                     £ 1.35 (USD$ 6.62)
1859/60: 1 Ozt. Gold (Intrinsic, Common) =                     £ 3.66 (USD$ 17.92)
April 1860: 1 Ozt. Platinum (Refined, Retail) =               £ 1.60 (USD$ 7.11) 

Oct.? 1860: 1 Ozt. Platinum (UK Mkt: Assumed) = £ 1.35 ($ 6.57)

March, 1859: 
1859: 1 Ozt platina (Cartagena Export, 84% ore @ SG 21.5) = £ 0.8653

 
January, 1859:

Citation : The Photographic News; ed. W. Crookes. Vol. 1/7/1859 p.214
 


1859/60: retail price

Citation : The Chemical news, Vols. 1-2 (1860) p.216

a 2"x6" (12 sq. in, 24 sq. in of surface) sheet Platinum cost ~£ 0.35 (~0.22 Ozt) 47% of the Grove-Styled 20-Cell described by Wylde.  Each Cell would presumably hold .6 sq. in. (1.2 sq. in. surface) Platinum, about 5.3 Grains Troy per Cell.

Very Thin Sheets:  ~£ 0.029167 per sq. in. Pt and 54.86 Sq In. Pt (109.71 Sq. In.) per Ozt.  

Citation: The magic of science, a manual of easy scientific experiments; James Wylde (1859)
 

The counterfeit US Eagles of the 1850s were mention  in 1918.

Citation : Mechanics Magazine ; John I Knight, Henry Lacey (1860) p.363

1859: 1 Troy Oz. Chlor-platinate (salt, unknown purity) = £ 1.20 (USD$ 5.88)

Citation: The Photographic Journal, Vol. 5 1859

April 1, 2011

France, 1844: Chapuis & Military Item Expenditure

1844: 1 Troy Ounce Platinum (Russian Ingot: European Mkts) = Fr 26.684
 
c.1843: 1 Troy Oz. Platinum (mfg, producer) = Fr  31.1 (USD$ 5.88)


1845:  1 Troy Oz. Platinum (semi-mfg., whols.)  = Fr. 40.43 - 46.65 (USD$ 7.99 - 9.) 

December 1844: Nicolas Louis Vauquelin's Catalogue (?)



1844/5: 1 Troy Ounce platina (Ore 75%, Retail) = Fr 24.88 (USD$ 4.41)
1844/5: 1 Ozt. Pt (Ore @.999, Ret.) = Fr 33.18 (USD$ 6.01) 
1844/5: 1 Ozt. Platinum (Refined, Retail) = Fr 34.21 (USD$ 6.20)



1844/5: 1 Ozt. Osmiridium (Ore, Retail) = Fr 46.66 (USD$ 8.45)



1844/5: 1 Ozt. Platinous Chloride (PtCl2, Ret.) = Fr 31.103 (USD$ 5.88)




June, 1844: Desmoutis, Morin & Chapuis Still (Capacity: 200 Liters; Cost: Fr 40,000.). At Fr 31.1/oz., Platinum still costing Fr 40,000 weighed about 1,286 troy ounces.
The volume is the same as the 1820 Cuoq & Couturier still.



1 Kilogram Platinum = Thlr. 254.90 (= Fr. 892.) plus workmanship (~ Fr. 100)

The manufacture per kilogram processed Platinum is calculated at present Fr. 1,000. (the Loth kölnisch to Thlr 3.7243, nearly 4.5 times the price of fine Silver) with moderate addition on the workmanship.

1845: 1 Ozt. Platinum (Manufactured, Bulk) = Fr 31.103 (USD$ 5.88)

Citation: Mittheilungen des Gewerbevereins für das Königreich Hannover, Parts 35-43; Gewerbe-Verein für das Königreich Hannover (1845) p.118


c. 1844, perhaps earlier:
The purity of the ore (annual avg? 5,916 English Troy Ounces) processed in the Seine Department was 65.61; this would account for somewhere between 1/10th and 1/20th the annual Russian production.

1844/5: 1 Ozt. platina (Ore 70%, Cartagena?) = Fr 10.11 (USD$ 1.83)
1844/5: 1 Ozt. Pt (Ore @.999) = Fr 14.42 (USD$ 2.61)
1844/5: 1 Ozt. Pt (Producer Cost, .999) ~ Fr 14.42 (USD$ 2.61) 
 
1844/5: 1 Ozt. Pt (Paris: Refined Sponge) = Fr 28. (USD$ 5.07) 

Citation: Leçons de chimie élémentaire: appliquées aux arts industriels; Jean Girardin (1846) p.498


Russian production of platina, in English Troy Ounces



At the New York Exhibition of 1853:



According to the French military expenditure price list, Platinum was 3x more expensive than Silver and about 1/4 the price of Gold.  

Decomposition Apparatus (w/ Platinum) was Fr 12 ;


1844: 1 Troy Oz. Platinum (Mfg.)  = Fr 31.1 (USD$ 5.88) 
1844: 1 Troy Oz. Platinum (2nd?)  = Fr 24.88 (USD$ 4.70) 
1844: 1 Troy Oz. Platinum (Scrap, Bid)  = Fr 18.66 (USD$ 3.53) 

1844: 1 Troy Oz. Gold (mfg.)  = Fr 116.63 (USD$ 22.46)

1844: 1 Troy Oz. Silver (Mfg.)  = Fr 9.33 (USD$ 1.80) 
1844: 1 Troy Oz. Silver (2nd?)  = Fr 7.78 (USD$ 1.50) 
1844: 1 Troy Oz. Silver (Scrap, Bid)  = Fr 6.22 (USD$ 1.20) 


Citation: Journal militaire officiel (1845) pp.



October 31, 2010

USA, 1869: McAllister's Catalogue


1869: 1 Troy Ounce Platinum (UK: Wire, Retail) = $ 6.81 /USD$ 9.06 (£ 1.40)

1869: 1 Ozt. Platinum (Germany: Scrap, Ret.) =    (Thl 5.70; ℳ 14.256; ~ £ 0.86)
1869: 1 Ozt. Platinum (Germ.: Wire & Foil, Ret.) =     (Thl 9.33 ; ℳ 24.624 ~£ 1.40)  
1869: 1 Ozt. Platinum (Paris Mfg, Bulk rate) = $ 4.60 (Fr 23.33) 

In 1868/9, the Continental and English Prices for manufactured Platinum were nearly identical. 
   
1868: 1 Ozt. Platinum (German Market) ~ DM 17.885 (£ 1.33)  
1869: 1 Ozt. Platinum (UK Market) = £ 1.34 ($ 6.52 ; USD$ 8.67)

The price of semi-manufactured Platinum was considerably higher than Gold in McAllister's Catalogue (24th Ed.)  Platinum Strips were about 2x more expensive than pre-War prices; Grove's batteries 69% higher likewise.  (McQueen's 1859 Catalogue had shown identical prices to McAllister's 1855 Catalogue.) 

Codman & Shurtleff's Catalogue offered Platinum at ~30% less, circa 1870. In 1872, Platinum prices in NYC were yet half as much, suggesting wholesale (or specie) prices collapsed circa 1870.

1869: 1 Ozt. Platinum (Semi-Mfg, Cat.) = USD$ 24. ($18. in Gold)

Citation: A Priced and Illustrated Catalogue of Meteorological and Philosophical Instruments and School & Chemical Apparatus, Manufactured and Sold by W. Mitchell McAllister, 728 Chestnut St. Phila. PA :24th Ed. 1869  pp. 68








http://www.sil.si.edu/DigitalCollections/trade-literature/scientific-instruments/files/52542/imagepages/image12.htm

24th Edition. A priced and Illustrated Catalogue of Meteorological and Philosophical Instruments and School and Chemical Apparatus, Maufactured and Sold by W.Mitchell McAllister (1869), p.10
 
"Platina Points for Lightning Rods

847. Platina Points etc., No. 01, each ..... $5.00
848. ......................................................... $3.50  
849. ......................................................... $2.50 
850. ......................................................... $ 1.75
851. ......................................................... $ 1.50
852. ......................................................... $ 1.25

c. 1869? 1 Troy Oz. Platinum (semi-mfg, whols.) = $ 14. - 18.66 (USD$ 18.61 - 24.82)

Citation: "Descriptive and Illustrated Catalogue of Philosophical Instruments / Illustrated Catalogue of School Apparatus" H.B. & W.O. Chamberlain (c.1870) pp. 13; 24



Platinum Bichloride also witnessed rising price in the late 1860s.  The double salt was ~28% pure Pt; the fluid ounce ~0.5 English Troy Grains.


1865: 1 Troy Ounce Platinum (28% salt, whols.) = $ 1.65 

1865: 1 Troy Oz. Platinum (28% salt, whols.) = $  5.88

$ 1.57 (USD$ 2.47)

1865: 1 Troy Oz. Platinum (semi-mfg, whols.) = $ 18.90 - 23.60

1868: 1 Fluid Oz. Platinum Chloride (PtCl2, Ret.) = $ 1. (USD$ 1.17)


1868: 1 Troy Oz. Platinum (PRESUMED refined, semi-mfg, whols.) ~ USD$

1869: 1 Fluid Oz. Platinum (solution, trade) = $ 2.0 (USD$ 2.66)
1869: 1 Troy Oz. Platinum (see above) = $18. (USD$ 24.)
1869: 1 Troy Oz. Platinum (avg. price; see below)  ~$10.40 (USD$ 13.83)
 
1872: 1 Fluid Oz. Platinum (solution, whols.) = $ 0.75 (USD$ 0.84)
1872: 1 Troy Oz. Platinum (semi-mfg, whols./ret.) = $10. - 16.80. (USD$ 11.17 - 18.77)




1868:

1869:

March, 1869: Tillotson's Advertisement, Chicago IL

Citation: Journal of the Telegraph, Vol. 2; (Mar. 1869 Supplement p.3) Western Union Telegraph Company



Like other PMs, the (dry) Platinic Salt was 10x the Price of Platinum in Solution (fluid.)

1872: 1 Fluid Oz. Platinum Chloride (PtCl2, Ret.) = USD$ 0.75
1872: 1 Troy Oz. Platinum Chloride (PtCl2, Ret.) = USD$ 7.50 (USD$8.78)
1872: 1 Troy Oz. Platinum (Semi-Mfg, Whols.) = USD$ 12. - 14.40

1872:

1868: 1 Troy Oz. Platinum (IV) Chloride (PtCl4) = £ 1.60 (USD$ 10.93)

1868?

1865-72: 1 Troy Oz. of Platinum (Semi-mfg, Retail) = $ 11.62 (USD$ 16.36)

Citation: Dental summary, Vol. 36 (1916) p.249
 




US Imports, $101,635.

US Imports:



Incorrect price-guess ("valued at $4.")  If the Platinum planchet was 3.5% Cu, 7.5 Grams Pt (@£ 1.40/Ozt = £ 0.3378) the retail market value of Platinum in the planchet would be ~£ 0.358; 36% the coin's purported value.  Scrap sold in London @ ~£ 1.00/Ozt; a Scrap-Ask for the planchet would be ~£ 0.26; 26% the coin's purported value. 

Estimating Tools and Risk-Cost (double the salary of a gold worker), an approximate First Cost-Basis for re-gilded Counterfeit Platinum can be guessed. "Value" to the counterfeiter should be understood as Profit (unknown); false coin was generally discounted through fencing and other accessory criminal operations.  "Value" at market is otherwise simply the intrinsic Market price of Platinum in a finished, refined state.

The counterfeit Napoleon in Platinum was estimated to be worth Fr. 4. in 1875.


1869: 1 Troy Oz. platina (NYC: 85% Ore?) = $ 4.00 (USD$ 5.33)
1869: 1 Troy Oz. Pt (CA: .999 Ore ) = $ 4.71 (USD$ 6.27)
1869: 1 Troy Oz Pt Labor = $ 0.60 (USD$ 0.80)
1869: 1 Troy Oz. Platinum (USA: First Base Cost) = $ 5.31 (USD$ 7.07) 
1869: 1 Troy Oz. Platinum (USA: +25% Profit) ~ $ 6.64 (USD$ 9.20)

1867: 1 Troy Oz. Pt (SPb: Ore @ .999) = $ 2.88; USD$ 3.99
1867: 1 Troy Oz. Pt (European Labor, Recycled Platinum) = $ 1.52; USD$ 2.11
1867: 1 Troy Oz. Pt (Counterfeiter Wage: US Labor, Goldworker x2) ~$ 3.40 
1867: 1 Troy Oz. Platinum (First Base Cost, Illicit) ~ $ 7.80 (USD$ 10.81)

1869: 1 Troy Ounce Platinum (Scrap?) = $ 4. (USD$ ) 
 
1870: 1 Troy Oz. Platinum (Trade: Semi-mfg) = $ 6. - 8. (USD$ 6.89 - 9.19) 
1870: 1 Troy Oz. Platinum (Counterfeiter Coin: Tool & Labor Cost?) ~$ 2.00  

1870: 1 Troy Oz. Platinum (First Cost, Illicit)~ $ 8.-10. (USD$ 11.08-13.85 )
  
Citation: The Numismatist: An Illustrated Monthly Magazine..., Vol. 34





Freight: (NYC-Brest) was $0.219428572/Ozt.