Showing posts with label Russian Price. Show all posts
Showing posts with label Russian Price. Show all posts

May 22, 2013

Germany, 1899

December 1895: 1 Ozt. Platinum (Mkt.) = ℳ 48.37
c.April 1896: 1 Ozt. Platinum (Mkt.) = ℳ 50.39
January 1897: 1 Ozt. Platinum (Mkt.) = ℳ 51.63
c.July 1897: 1 Ozt. Platinum (Mkt.) = ~ℳ 53.34
c.April 1898: 1 Ozt. Platinum (Mkt) = ~ℳ 56.45
September 1898: 1 Ozt. Platinum (Mkt.) = ℳ 62.21

April/May 1899: 1 Troy Ounce Platinum (Mkt.) = ℳ 69.983 ($ 16.67)
April 1899: 1 Ozt. Platinum (UK Producer, London Spot) =  (£ 3.50)  




At the turn of the year 1895 Platinum cost 1,555 Marks per kilogram. In the spring of 1896 it was already 1,620; by January 1897 it cost 1,660. In the summer of the same year (1897) it was in the 1,700s.  In the Spring of 1898 in the 1,800's, in September 2,000. - and today it costs 2,250 Mark. 

Citation: Die Zukunft. Herausgeber: M. Harden, Vol. 27  Maximilian Felix Ernst HARDEN (1899)

1899:  
1899: 1 Ozt. platina (82.5% Russian Ore) = ℳ 46.14 (USD$ 11.)
1899: 1 Ozt. Pt (Refining Cost) = ℳ 1.244 (USD$ 0.30, Fr 1.52, £ 0.0483)
1899: 1 Ozt. Russian platina, refined = ℳ 55.93 (USD$ 13.33)
1899: 1 Ozt. Pt Refiner Profit (First Base Price Cost) = ℳ 6.58 (USD$ 1.43)
1899: 1 Ozt. Platinum (Semi-Mfg; Whols./Ret.) = ℳ 63.76 (USD$ 15.19)

Citation: Die Metalle: Geschichte, Vorkommen und Gewinnung, nebst ausführlicher ...Bernhard Neumann p.363

Germany, 1897

Reporting late 1896 prices from April 1897 Russian journal. 

1896/7: 1 Troy Ounce platina (Russian ore, 84.5%) = ℳ 27.99
1896/7: 1 Ozt Pt (at purity) = ℳ 33.13
1896:1 Ozt. Pt (Ru Refiner Cost) ~ ℳ 1.25 (1.92 руб)
1896: 1 Ozt. Pt (Producer's Cost) ~ ℳ 34.38

Citation: Journal of the Society of Chemical Industry, Vol. 16 (4/1897) ; Society of Chemical Industry (Great Britain), 1897. 



January 1897: 1 Ozt. Platinum (Mkt) = ℳ 51.63
c.July 1897: 1 Ozt. Platinum (mkt) = ~ℳ 53.34

At the turn of the year 1895 Platinum cost 1,555 Marks per kilogram. In the spring of 1896 it was already 1,620; by January 1897 it cost 1,660. In the summer of the same year (1897) it was in the 1,700s.  In the Spring of 1898 in the 1,800's, in September 2,000. - and today it costs 2,250 Mark. 

Citation: Die Zukunft. Herausgeber: M. Harden, Vol. 27  Maximilian Felix Ernst HARDEN (1899)




1897: 1 Troy Ounce platina (Russian ore) = ℳ 34.87-36.515 (USD$ 8.33-8.73)
1897: 1 Troy Oz. Pt (Refining Cost) = ℳ 1.244 (USD$ 0.30)
1897: 1 Troy Oz. Pt (Producer Cost)  = ℳ 47.73-49.93 (USD$ 11.40-11.95)

1897: 1 Troy Oz. Platinum (semi-mfg; whols) = ℳ 54.43 (USD$ 13.01)
 1897: 1 Troy Oz. Pt Refiner Profit  = ℳ 6.70 (USD$ 1.60)

Citation: Die Metalle: Geschichte, Vorkommen und Gewinnung, nebst ausführlicher ...Bernhard Neumann p.363

May 8, 2013

Russia, 1918: Platinum Production, 19th C.


In 1918, if Gold was caculated at 4.5 Roubles per zolotnik

1918: 1 Troy Ounce Gold = 11.93 руб

Important summary of Russian Platinum production, 1824 -1917

Citation: The Journal of Industrial and Engineering Chemistry, Vol. 10 ; American Chemical Society p.921






Also:




October 10, 2012

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

September 3, 2010

Russia/Germany, 1869-1906

Although several late 19th Century sources cite 1866 for an absolute Low for Platinum prices (in Russia), the paper Rouble price appears to have been lower in 1869-72.

c.1869: 1 Troy Ounce Platinum (ore)  = 3.04 руб (USD$ 2.28) 
1866: 1 Troy Ounce Platinum: 3.56 руб (USD$ 2.67)








Citation: La Russie industrielle: étude sur l'Éxposition de Nijni-Novgorod; Maurice Verstraete,  p.293




Written in 1909? 
Presumably referring to 1869 and not converted from another currency:
c.1869: 1 Troy Ounce Platinum (refined)  = £ 0.93 - 1.09 (USD$ 6. - 7.)
c.1908: 1 Troy Ounce Platinum (refined? whols)  = £ 4.98 (USD$ 24.24) 

Citation: The deposits of the useful minerals & rocks By Franz Heinrich August Beyschlag, Johan Herman Lie Vogt, Paul Krusch (1914) p.345

April 26, 2010

Germany, Russia: Platina Prices Over Time

Citation: Journal of the Society of Chemical Industry, Volume 23 By Society of Chemical Industry (Great Britain)1904, pp.567-8.