Russia, 1895

1894/5: 1 Troy Oz. platina (Ural Contract: 83% ore) = 13.292 руб
1894/5: 1 Troy Oz. Pt (Contract @ .999) = 16.01 руб
1894/5: 1 Troy Oz. Platinum (SPb, Refined Cost) ~ 17.0 руб

March? 1896: 1 Troy Oz. platina (Ural Contract: 83% ore) = 15.19 руб
March? 1896: 1 Troy Oz. Pt (Contract @ .999) = 18.30 руб
March? 1896: 1 Troy Oz. Platinum (SPb, Refined Cost) = 19.25 руб




1895: 1 Troy Oz. platina (Ural Contract: 83% ore) =13.29 руб
1895: 1 Troy Oz. Pt (Contract @ .999) =16.01 руб
1895: Russian Refiner's Cost @208 руб/Poud = 0.395 руб 
1895: 1 Troy Oz. Platinum (SPb: Refined Poud) =16.409 руб

Citation: The Mineral Industry, Vol. 7 (1899) p.570



Where 1 Poud of (79%) Pt platina ore sold for 7,300 руб, so 1 Poud (.999) Pt = 9,240.51 руб and 1 Poud Platinum 

In Germany, 1 Kg Platinum cost 707.68 руб.


1895: 1 Troy Oz. platina (79% ore, SPb) = 13.29 -13.86 руб (USD$ 7.02 -7.32)
1895: 1 Troy Oz. platina (at purity) = 16.825-17.546 руб (USD$ 8.89 -9.27)

1895: 1 Troy Oz. Pt (refining cost) = 0.95 руб (Fr. 2.58)
1895: 1 Troy Oz. Pt (refining) = 1.92 -2.64 руб (Fr. 071 - 0.97; USD$ 0.14-0.19)

1895: 1 Troy Oz. Platinum (Paris ingot) = 19.46 руб (Fr 52.88)
1895: 1 Troy Oz. Platinum (Paris mkt) = 34.35 руб (Fr 93.31)
1895: 1 Troy Oz. Platinum (Paris retail) = 42.93 руб (Fr 116.64)


December, 1895: 1 Troy Oz. platina (SPb, mkt) = 13.67 руб
(=USD$ 7.12;  Fr 37.15; £1.46)

1895: 1 Troy Oz. platina (SPb, mkt) = 12.88 руб
(=USD$ 6.71;  Fr 35.; £1.378)

1895: 1 Troy Oz. platina (SPb, mkt) = 12.53 руб
 (=USD$ 6.52; Fr  34.05;  £1.34)

1895: 1 Troy Oz. Platinum (SPb, refined: mkt) ~ 30.4461 руб (USD$ 15.85)

Citation: Recueil Consulaire Contenant les Rapports Commerciaux des Agents..., Vol. 95 Belgium (1897) p. 357


Citation: The Mineral Industry, Vol. 6


1895:
Citation: The Chemical Trade Journal and Oil, Paint and Colour Review, Vol. 22 (1898) p.122


c.1895/6:
Citation: Le Marche financier en 1897 p.671


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





October, 1895:  


1895: 1 Troy Oz. platina (SPb: 79% ore) ~ 15 руб (USD$ 3.0 - 3.35)
October, 1895: 1 Troy Oz. platina (SPb: 79% ore) = 20 руб (USD$ 7.78)
1895: 1 Troy Oz. Platinum (SPb: .999) ~ 30.45 руб (USD$ 15.85)
 
Citation: The Mineral Industry, Vol. 6, p.544





 

c.1895: St. Petersburg platina Spot-Price

c.1898: 1 Troy Ounce Platinum (Global Mkt) = 33.72 руб Kr. (USD$ 17.33)

Where the Poud was руб 7,300 (Au?):
c.1897??: 1 Ozt platina (Ural contract, Ore) = 13.86 руб Kr. (USD$ 7.125)
c.1897??: 1 Ozt Pt (Ural: .999 Ore) = 18.52 руб Kr. (USD$ 9.525)
c.1897??: --Refining Cost: 1 Ozt Pt (Ural: .999) = 1.21 руб Kr. (USD$ 0.6217)
c.1897??: 1 Ozt Platinum (Ural: .999 Refined) = 19.74 руб Kr. (USD$ 10.15)

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

Russia, 1891

1891: 1 Troy Oz. platina (Ural Contract: 83% ore) =13.29 руб
1891: 1 Troy Oz. Pt (Contract @ .999) =16.01 руб
1891: Russian Refiner's Cost @212 руб/Poud = 0.4025 руб 
1891: 1 Troy Oz. Platinum (SPb: Refined Poud) =16.417 руб 

Citation: The Mineral Industry, Vol. 7 (1899) p.570





June, 1890: 1 Troy Oz. platina (SPb, mkt) = 23.74 руб (USD$ 16.18)
December, 1891: 1 Troy Oz. platina (SPb, mkt) = 11.96 руб (USD$ 5.87)

December, 1893: 1 Troy Oz. platina (SPb, mkt) = 9.12 руб (USD$ 4.48)
1893: 1 Troy Oz. platina (Ekaterinburg) = 8.68 руб (USD$ 4.26)

December, 1895: 1 Troy Oz. platina (SPb, mkt) = 13.67 руб (USD$ 4.98)

Citation: Recueil Consulaire Contenant les Rapports Commerciaux des Agents..., Vol. 95 Belgium (1897) p. 357


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


1891: 1 Troy Oz. platina (Russia, export: crude ingot?) ~ USD$ 5.6958

c.1890/1?
Citation: Journal of the Society of Chemical Industry, Vol. 11 June 1892 p.533

(US govt estimate, from Silver Rouble, @$0.10)
Citation: Monthly Summary of Commerce and Finance of the United States (1899) p. 2587

France, 1908

July, 1908: German advert in French journals, 'Dental Scrap Wanted'

July, 1908: 1 Troy Ounce Platinum (scrap, bought) = Fr 105.74 (USD$ 20.57)

Germany, 1890

1890: 1 Troy Ounce Gold (Mkt, Ingot) = ℳ 86.63
1890: 1 Troy Ounce Platinum (Manufactured) = ℳ 61.28

January, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 46.66
June, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 59.10
September, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 71.54
October, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 68.43
November, 1890: 1 Troy Ounce Platinum (Refined) = ℳ 65.32



Manufactured, bulk Platinum prices in German Marks, 1869-92:

Russia, 1890

1890: 1 Troy Oz. platina (Ural Contract: 83% ore) =13.29 руб 
1890: 1 Troy Oz. Pt (Contract @ .999) =16.01 руб
1890: Russian Refiner's Cost @212 руб/Poud = 0.4025 руб
1890: 1 Troy Oz. Platinum (SPb: Refined Poud) =16.417 руб

Citation: The Mineral Industry, Vol. 7 (1899) p.570



Where 1 Funt = 0.49 kg, 542.11 руб Kr., 

c. 1890?: 1 Troy Oz. Platinum (SPb mkt) = 16.86 руб Kr.





Where the 1890/1 market 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%) = 12.1524 руб Kr
1890 1 Troy Oz. Pt (Ural Spot, 100%) = 15.1905 руб Kr
1890: 1 Troy Oz. platina (Ural Spot, 80%) = 8.7497 руб Ag
1890: 1 Troy Oz. Pt (Ural Spot, 100%) = 10.9372 руб Ag
 

In 1890, the Russian Platinum Price Peak was explained by:
a) machinations of the Platinum syndicate (Russo-European monopolist producers)
b) scarcity of labor in the Urals (construction of the Trans-Siberian Railway)
c) forward contracts by Western speculator-caspitalists

Citation: Journal of the Society of Chemical Industry, Vol. 28 (11/29/1890)


Where the poud weighed 526.643 Troy Ounces @ Paper Rouble and Sight Rates

Early January, 1890: 1 Troy Oz. platina (SPb) = 4.75 - 5.13 руб
(USD$ 2.5634 - 2.99; USD$ )
May, 1890: 1 Troy Oz. platina (SPb, mkt) = 15.19 руб (USD$ 9.11)
June, 1890: 1 Troy Oz. platina (SPb, mkt) = 23.74 руб (USD$ 14.54)
December, 1891: 1 Troy Oz. platina (SPb, mkt) = 11.96 руб (USD$ 5.87)

From Berlin in 1890:


1889: The value of the Rouble against the Dollar increased 25%, a boon for Russian platina sellers and powerful incentive for export merchants.

Global, 1870s: Platinum Discontinued in Sulphuric Acid Production

1870s

USA, 1862

1862: 1 Troy Oz. Platinum (UK: Semi-mfg, Trade) = £ 1.35 ($ 6.58)

1861/2: 1 Troy Ounce Platinum (Wire: Wholesale) = £ 1.225 ($ 5.95; USD$ 5.95 - 6.06)
1862/3: 1 Troy Oz. Platinum (Wire: Wholesale) = £ 1.2087 ($ 5.89 ; USD$ 6.03 - 9.39) 
1862/3: 1 Troy Ounce Platinum (Wire: Wholesale) = £ 1.201 ($ 5.85 ; USD$ 6.76 - 9.39)



in August 1862, Platinum crucibles became more expensive, after the 1862 tariff hike.

Published prices appear consistent, but large premiums and Gold-rate inflation occurred 1862-4.

February, 1862:

1861/62: 1 Troy Oz. Silver-Platinum Alloy (French Import, Trade) = USD$ 6.50

1861/62: 1 Troy Ounce Gold (presumed, whols.) = USD$ 22.

Citation: New York Dental Journal, Vol.5 (March, 1862) p. 107

February, 1862: 1 Troy Oz. Silver-Platinum Alloy (Dental Trade) ~ $ 7. ; USD$ 7.25

Citation: Hettingers Dental News, Vol, 1-6 (February, 1862) p. 16

Citation: New York Dental Journal, Vol. 5 (July?1862) p.64

Platinum became war-materiel in 1862; scarcity was noted in the South.

Judging from European prices, the US Market Platinum Low may have occured in 1862/3?

Citation: Dental office and laboratory, Vol. 5, No. 3 (1891) p.

Where 879 Pounds Avd. is understood to be 12,818.75 Ozt,
 
1861/2: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2797




Where 11 Pounds Avd. is understood to be 160 Ozt,
 
1861/2: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2488 
 
Where 897 Pounds Avd. is understood to be 13,081 Ozt,
 
1861/2: 1 Ozt. Platinum (Plate: Whols., Import.) = $ 5.2818