May 13, 2014

France, 1813

Spring (c. April) 1813: 

c. March 1813: 1 Troy Oz. Platinum (Wire/Sheet, Retail) = Fr 30.50
c. March 1813: 1 Troy Oz. Platinum (Mfg, Retail) = Fr 34.56

In einigen französischen Druck- und Färberei - Manufakturen soll mau sich zu den benadelten und fein gezeichneten Formen des Platinadrahtes bedienen. In dem Magazin des Hrn. Jeanetty in Paris sind zu diesem Behufe sowohl blech & draht, die unze zu 30 Franken zu haben.*

Available at Mr. Jeanetty's Paris storehouse in Paris are both sheet & wire, for Fr. 30. per Once.

Citation: Journal für Chemie und Physik, Vol. 9; Johann Salomo Christoph Schweigger (1812) p.112
 

June/July? 1813: 1 Troy Oz. Platinum (Wire/Sheet, Retail) = Fr 27.93?
July? 1813: 1 Troy Oz. Platinum (Mfg, Retail) = Fr 31.103


Citation: Annales de chimie ou Recueil de mémoires concernant la chimie et ..., Vol. 85; Antoine Lavoisier, Louis-Bernard Guyton de Morveau (1813) p.6



Janetty had a near monopoly, prior to a large importation in 1813:


Citation: Bulletin de la Société d'encouragement pour l'industrie nationale (1888) p.425





USA, 1815: US Coin

c.1815:
Bollman provided Philadelphia (and other USA?) chemists the Platinum Chloride Salt

 




To actually produce Platinum coinage, the US Mint at Philadelphia would have had to purchase bulk platina at market-rates.  For context, to produce a negligible 20,000 $1 Platinum Coins at the Experimental Coin's Weight would have required in 14,362 Ozt (446.72 Kgs) Platinum or ~ 638 Kgs of ~70% Ore.  To produce 40,000-80,000 $2.50 coins would have required 1,276 - 2,553 Kgs: an impossible quantity, given the actual Colombian yield.

(The Pattern was likely produced from useless residue on hand at no further cost/loss to the Mint, slag from Colombian Gold.  It is unknown how much Platinum accumulated at the US Mint, or what the secondary market was for however many ounces per year.)


1814: 1 Troy Ounce Platinum (Small Producer Cost, $15./lb avd) = $1.02857


1814: Intrinsic Value of the 1814 Pt Coin, Small Producer rate: $ 0.7386
1814: Intrinsic Value of the 1814 Pt Coin, $ 0. (Fr. ) 


Weight: 344.7 Grains Troy (0.718 Ozt ; 22.3362 Gr)
Specific gravity: 20.9
Diameter: 32.6 mm.


The 1860 intrinsic value shows:

1860: 1 Troy Oz. Platinum (Scrap: US Coin, intrinsic) = USD$ 7.66


Citation: A Description of Ancient and Modern Coins; United States Bureau of the Mint, James Ross Snowden (1860)






 Charles Link acquired the coin for $138,000 at the Heritage Auctions Chicago auction in August 2011




May 1, 2014

Russia, 1916

DSQ

1916: 1 Troy Oz. Platinum (Ru, Export Avg.) = USD$ 68.90

June? 1916: 1 Ozt. Platinum (Ru, Export Avg.) = USD$ 68.90

June, 1916: 1 Ozt. platina (Ru Export: 83% Ore @ .999) = руб 435.45 ($ 39.14)

June, 1916: 1 Troy Oz. Pt (Ural Spot: .999) = руб 435.45 ($ )

June, 1916: 1 Troy Oz. Platinum (NYC: Ingot, .999) =  руб 256.16 ($ 78.13)


January 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 204.83 ($ 61.10)
January 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 246.78 ($ 73.61)

February 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 203.13 ($ 62.625)

February 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 244.74 ($ 75.45)

March 1916: 1 Troy Oz. platina (Ural: 83% Ore) = 
 руб 198.89 ($ 63.15)
March 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 239.62 ($ 76.08)

April 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 205.48 ($ 63.70)

April 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 247.57 ($ 76.75)

May 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 214.37 ($ 65.92)

May 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 258.28 ($ 79.42)

June 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 209.23 ($ 63.92)

June 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 252.09 ($ 77.01)

July 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 209.16 ($ 
63.92)
July 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 252.0 ($ 77.01)

August 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 207.17 (
$ 66.45)
August 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 249.60 ($ 80.06)

September 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 204.46 ($ 66.45)

September 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 246.34 ($ 80.06)

October 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 228.97 ($ 71.44)

October 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 275.87 ($ 86.07)

November 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 267.53 ($ 80.59)

November 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 322.33 ($ 97.10)

December 1916: 1 Troy Oz. platina (Ural: 83% Ore) =  руб 232.23 ($ 69.15)


December 1916: 1 Troy Oz. Pt (Ural: Ingot, .999) =  руб 279.80 ($ 83.31)


As reported 7/1916:

Citation: The Americas, Vol. 2 No. 12; National City Bank of New York












mmmmm


April 22, 2014

France, 1887


1886: 1 Troy Oz. Platinum (Mkt) = Fr. 40.43


October, 1886: 1 Ozt. platina (SPb: Ore, Mkt) = Fr. 21.10 (8.924 руб)   
October, 1886: 1 Ozt. Pt (SPb: 82% Ore, .999) = Fr. 25.74 (10.884 руб) 

1887: 1 Troy Ounce platina (Ekat.: Cost ~74.8%) = Fr. 8.80 (USD$ 1.675)
1887: 1 Ozt. platina (Ekat.: Spot ~74.8%) = Fr. 20.09 (USD$ 3.824)

1887: 1 Ozt. Pt (Ekat.: Spot, .999 Pt) = Fr. 26.86 (USD$ 5.11)
1887: 1 Ozt. Platinum (SPb: Mkt) ~ Fr. 31.31 - 34.12 (14.25 руб; USD$ 8.29)

1887: 1 Ozt. Platinum (NY: Import, Semi-Mfg.) = Fr. 40.90 (USD$ 7.7840)
1887: 1 Ozt. Platinum (NYC: Import, Semi-Mfg./Wire) = Fr. 40.99 (USD$ 7.80)
1887: 1 Ozt. Platinum (London: Semi-Mfg, Trade) = Fr. 43.75 (~ £ 1.75)  


In 1860/1, a 21 gr Platinum capsule cost Fr. 30.60 (Fr. 35.32/Ozt.) In June 1887 (perhaps 1882!) a 21 gr Platinum capsule cost Fr. 59.25/Ozt.  Assuming the labor Fr. 8.50 (+Fr 1. or nearly 16.50% over the 1860 Labor Cost), Platinum should have been Fr. 1.50/g.

1887?: 1 Ozt. Platinum (Semi-Mfg, Retail)  = Fr  46.66 (USD$ 8.88)
1887?: 1 Ozt. Platinum (Mfg, Retail)  ~ Fr 56.15 (USD$ 10.69) 

1887: 1 Ozt. Platinum (USA: Mfg., NYC Trade) ~ Fr. 50.45 - 60. (USD$ 9.60 - 12.00)

Citation: Notice sur les instruments de précision construits par J. Salleron, Vol. 2, J. Salleron 1861, pp.143-4








October 1887: Prototypes - Additional Expense, Fr 16,341

Prototypes (meters and kilograms) are drawn Iridio-Platinum. The metal is provided by the firm Johnson, Matthey and Co. of London, which alone, it seems, can provide the necessary amount of Platinum. The instruments are completed by the French Section, which delivers them to the international office, located at the Pavilion de Breteuil. After the necessary tests, the office receives them permanently, from any location.  To date, foreign states have requested 40 kilogram weights and 30 rulers. The 40 kgs are nearly complete. The 30 rulers were delivered to the French section, which continues completion. It is estimated that required prototypes shall be distributed in 1888; so it is at this time that the price will be refunded to the French Government, which governs all expenses.  The appropriation is justified and your commission proposes adoption.



Scrap was accepted at Fr 900./Kg. The Kilogramme Standard cost Frcs. 2,150. each; the Metre Standard weighed 3.50 Kgs and cost Fr. 9,500./ea. but sold for Frcs. 9,600.

1873: 1 Troy Oz. Platinum (Scrap, Credit) = Fr. 27.99
1873-87: 1 Ozt. Platinum (Cost: Mfg, Bulk) = Fr. 66.87
1873-87: 1 Ozt. Platinum (Cost: Mfg, Bulk) = Fr. 84.42
1873-87: 1 Ozt. Platinum (Price: Mfg, Bulk) = Fr. 85.31
1887: 1 Ozt. Platinum (Total Cost, Bulk Mfg) = Fr. 81.73


This work, begun in 1873, did not cease to be continued since but was found delayed by various incidents independent of the willingness of members of the French Section.  Types prepared after laborious operations were not judged acceptable to the Internalional Commission, the work had to be entirely redone; however, it is nearing its end, and the firm of Mathey and Co., with which the Ministry has dealt for making rules and directions to be making masses of meters and kilograms, standards, will shortly have delivered the work in its entirety; additional operations are performed and we can foresee the very next time standards will be presented at the International Bureau of Weights and Measures installed Pavilion Breteuil and responsible for making the final comparisons before final acceptance.

Expenses must be reimbursed by the States to which standards are remitted; but it is the Government of the Republic shall make advance. Already, extraordinary appropriations were for this purpose, at various times, the Ministry of Trade; it is necessary that his administration soon be able to pay the new accounts that will be provided by different suppliers, and it is essential to ask for a date, for this purpose, the budget for the 1887 financial year the opening an extraordinary credit 1. Messrs. Mathey and Co have a supply 30 meters in Iridio-Platinum, each weighing on average 3.500 kgs; metal prices have been fixed by them at past market price, at Fr. 2,000/kg., the expenditure on this account amounted to Frcs. 210,000.

In addition, it is due to them for the manufacture, rightly, Frcs. 2,500 each ruler = Frcs. 75,000 
They also delivered 40 kilograms worth at Frcs. 2,000, each = Frcs. 80,000 
The manufacture is set at Frcs. 150 per kilogram, or = Frcs. 6,000 
Finally, it is appropriate to take account of their waste, which can be evaluated = Frcs. 4,000. 
To ensure uniform composition of the alloy, samples were provided on various occasions, analyzed in Paris, by Mr. Debray of the Institute, and in Brussels by Mr. Stas; it must be allocated for the metal and used a fixed sum of = Frcs. 6,000





Suspect translation from the German, with forex errors?


1887: 1 Troy Oz. Platinum (Cost: Mfg, Bulk) = Fr. 40.43



Hasenclever's Table, Rhineland price?

Citation: Die Chemische Industrie, 1892 Vol. 15 (1892) p.70




1888: 1 Troy Oz Platinum (Bav.: Alloy; Bulk) = Fr. 40.3438 (ℳ 32.845)




France, 1905


Suspect US prices

March, 1905: 1 Troy Ounce Platinum = Fr 115.08

Citation: Revue de métallurgie, Vol. 4 (1907) p.347




1905: 1 Ozt. Platinum = Fr 101.09 - 102.64 (USD$ 19.74 - 20.05)

Citation: Traité de chimie minérale, Volume 5 ; Henri Moissan, Marcel Guichard (1906), p.453


January 1905: 1 Ozt. Platinum (Mkt.)  = Fr 102.64 (USD$ ) 

Citation: Angewandte Chemie: Vol. 21 - Page 2597


??: 1 Ozt. Platinum (Mkt.)  = Fr 97.04 (USD$ )   
 November 1905: 1 Ozt. Platinum (Mkt.)  = Fr 105.75 (USD$ )   

November, 1905:






1904/5?: 1 Ozt. Platinum (Mfg.)  = Fr 72.575 (USD$ ) 
  
Citation: Les industries céramiques: Fascicule premier. Argiles et kaolins. Leon Lefêvre (1906) p.43

April 4, 2014

Canada, 1892

c. March, 1892: 1 Troy Ounce platina (BC: Pt 69.3% - 72% Ore) ~ USD$ 5.50
c. 3/1892: 1 Troy Oz. Pt (BC: Ore, .999) ~ USD$ 7.64 - 7.94

Citation: Journal of the Society of Chemical Industry, Vol. 11, p.470
 

Canada: Lyman, Sons & Co. (a pharmaceutical supply house in Montreal) 

December? 1892/3?: 1 Ozt Platinum (QC: Wire, Retail) = CAD$ 10.262


April 3, 2014

Germany, 1876

1876: 1 Troy Ounce Platinum (Paris: Scrap) ~ ℳ  16.24  (Fr 20.30)
1876: 1 Troy Oz. Platinum (Paris: Mkt., Ingot) = ℳ 19.906 (Fr 24.883)
1876: 1 Troy Oz. Platinum (Paris: Mfg.) = ℳ  20.68  (Fr 25.86)
1876: 1 Troy Oz. Platinum (Paris: Mfg., Ret.) = ℳ 32.896  (Fr )
 
1876: 1 Troy Oz. Platinum (UK: Scrap, Bid) ~ ℳ  20.644  (~ £ 1.00
1876: 1 Troy Oz. Platinum (UK: Mfg, Ret.) = ℳ  51.61 - 77.42 (£ 2.50 - 3.75)


1876: 1 Troy Ounce Platinum (Mfg, Bulk) = ℳ  24.883 (USD$ )

Citation: Handbuch der chemischen Technologie: Neue Folge, Vol. 12;  Georges Lunge et al. (1903) p.785