On Platina.

Web Name: On Platina.

WebSite: http://noblemetals.blogspot.com

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On Platina.

November 27, 2018

The actual Black Market Export Price is unstated here, but probably 50-100% over the set rate.

1 Libra = 460.020416 Grams = 14.79 Ozt = 1.01417145 Lbs avd.

Sept, 1832: 1 Troy Ounce platina (@ Choco, Specific Gravity 22) = C$ 0.5409

"Mi parecer es, que se deje libre la esportacion de la platina á los mismos mineros:que se ponga el precio de ocho pesos á cada libra: que se prohiba á los particulares la sompra de ella, i se verà abundar este metal, porque entónces los mineros tendrán utilidad en lavarla i escejarla, como hacen con el oro."

"My opinion is let the export of the platina by the same miners be free; that the price be fixed per Libra at eight pesos; that private business in its trade be forbidden to individuals, and this metal will be abundant, because then the miners will have utility in washing it and cleaning it, as they do with gold. "

Citation: Gaceta Oficial de Nueva Grenada, Supplement, No.51, 9/20/1832, p1




No comments: November 26, 2018 Posted byNo comments: April 5, 2018 alue' of Platinum should be either 'Market, Unmfg.' or 'Scrap, Retail Bid'; this 1878 estimate was correct.

The New York exchange rate (Sight) at the end of January 1919 was USD $1. = Fr. 5.4625

It appears the Paris Market for Platinum was 30.65% higher than the US Gov't price for ingot. That is consistent with a recent numismatic premium for US Gold coin in NYC.

September 1878: 1 Ozt. Platinum (Paris: Mkt) = Fr 37.32 (USD$ 7.23)

1878: 1 Troy Oz. Gold = Fr.106.90 (USD$ )
1878: 1 Ozt. Platinum = Fr. 35.60 (USD$ )

1/20/1919: 1 Ozt. Platinum =Fr. 641.40 - 748.30 (USD$ 117.42 - 137.)
January 1919: 1 Ozt. Platinum (Ingot @ US Govt) = USD$ 104.85

Citation: L'intermediaire des chercheurs et curieux. (Jan.20-30,1919) No. LXXIX, No.1494, p.69
"Monnaies de platine (LXXVII; LXXVIII). - En 1877 a Cherchel et l'année suivante à Orléansville il y avait en circulation des pièces de 20 frs. en platine doré a l'effigie de Napoléon III. Les premières portaient la marque de Paris (1860); les secondes étaient au coin de l'Hôtel des monnaies de Strasbourg (1866). Le journal de pharmacie et de chimie d'avril 1878 a publié une note à ce sujet. La valeur du platine n'était alors que le tiers de celle du l'or. Elle est, aujourd'hui, 6 ou 7 fois plus élevée. B. A."

In Dec. 1918 in NYC, the numismatic premium for recent US Gold coin was 30%:





No comments: July 30, 2017 Posted byNo comments: July 20, 2017 Posted byNo comments: March 5, 2017 Inductionsapparate, the Chemitz Retail Unit Price was 10. / ℳ 20. higher than Berlin, ~6.5% to 16.65% higher.

Stöhrer's Inductionsapparate ... 75. ... 115. ... ℳ 140. (=Thlr. 25. ... Thlr. 38.33 ... Thlr. 46.66)





Stöhrer's Inductionsapparate (Berlin Price, 1872)





1878: 1 Ozt. Platinum (German Mfg.,Trade Bulk; Boiler) = 31.10
1878: 1 Ozt. Platinum (London Mfg.,Trade Bulk; Boiler) = 31.10
1878: 1 Ozt. Platinum (French Mfg.,Trade Bulk; Boiler) = 29.16

The boiler had previously used at a weight of

70-80 kg, Production of 7,500 kg, Cost 75,000 Mark,
59-62 kg, Production of 6,000 kg, Cost 60,000 Mark,
38-40 kg, Production of 3,000 kg, Cost 38,000 Mark,
27-30 kg, Production of 2,000 kg, Cost 27 000 Mark,
19 -20 kg Production of 1,000 kg, Cost 19,000 Mark,

On the other hand, Paris can provide a 32 kg apparatus without cooler, Production 6,000 kg, Cost 30,000 Mark, and London offers a 16 kg apparatus without cooler, Production 5,000 kg, Cost 16,000 Mark.

Citation: Chemie-Arbeit in Werk und Labor, Vol. 1 4/1878 p.144





No comments: December 14, 2016 in the 1832 Batka Catalogue suggest stable retail prices. Platinum-ware was ~6x more expensive than Silver-ware.

Taking the Unze (2x Loth @16.07719 Gr. =) @32.1544 Grams; (106.) Sheet and Wire,

1838: 1 Ozt. Platinum (Prag: Semi-Mfg) = Fl. 14.51 ( 1.5158)
($ 7.07-7.29; Avg. $7.17; 7.00)

Abfälle zum Auflösen 11 fl. die Unze (Scrap Sold for Fl. 11./Unze)

1837: 1 Ozt. Platinum (Scrap: Sold) = Fl. 10.64 (5.47/ $5.34) ( 1.1115)
1838: 1 Ozt. Platinum (Scrap: Sold) = Fl. 10.64 ($5.1926; 1.1115)
($ 5.18-5.35; 5.26/ $5.13)

(1069.) Crucibles, of every type and mode, Fl. .50/Gram
1838: 1 Ozt. Platinum (Mfg : Crucible, Ret.) = Fl. 15.5517($7.589; 1.6246)
(USD$ 7.39-7.63; 7.69/ $7.50)

Citation: Annalen der Pharmacie, Vol. 27 (1838), pp.





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