The Lore of Silver

Silver Historical Background

silver one has the fascination for many thousands of years, and because it was in limited quantities on the age and, while it is scarce, the abundant and least expensive of the precious metals. As such, in connection with the value, suggesting its use as part of the world's monetary system in history.

In the United States, silver began to play an important role in monetary policy if Congress on the basis of the currency on the silver dollar, and its fixed relationship to gold. Silver was fast for the coinage in the United States until its use was in 1965.

After the end of the 19th Early 20th century Century changed the use of silver is not necessarily a part of the monetary value to its becoming increasingly important in different parts of the economy. Silver quickly to an industrial commodity sought with him as a valuable and practical industrial commodity, as well as an attractive investment precious metal. Countries including the United States, Canada and Mexico issue silver coins, gold, and they are also of private mints.

While silver is scarce, it is the most abundant and least expensive of the precious metals with the largest silver-producing countries Mexico, Peru, the United States, Australia and Chile. Sources of silver are to be promoted directly Silver, Silver promoted as a by-product of gold, copper, lead and zinc mining and silver from recycled materials, especially photographic materials. Today, silver bullion stocks make up a significant part of the delivery of silver.

The American Eagle Bullion program was launched in 1986 with the sale of gold and silver and gold coins. Platinum was incorporated into the American Eagle Bullion family in 1997. A gold coin is a coin, which is supported by their weight in a specific precious metal.

Silver more than other precious metals, has significant demand rooted in sectors as diverse as photography, electronics, jewelry, coinage, superconductivity and water treatment. For this reason, silver is not more than a precious metal, a store of value, a work of art or an industrial metal. It is all to do so. Silver is now essential that all around us to improve the quality of our lives.

 

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