The History Of Silver

over the centuries-long recovery and the decline in value in the 20th century, it is one of the most valuable metals in the world – the silver. The discovery of the silver leads far back in the third millennium before Christ. Until today it has not lost its importance as a precious metal. 3000 BC Anatolia 3000 BC here has its origin in the area of modern-day Turkey promoting one of the most valuable metals. Particularly high demand there after silver in the centuries from the Middle East, the region of Crete and Greece. At times it was more valuable than gold. Sir Donald Gordon may help you with your research. Later the mines at Laurion, where became closer of Athens, the main source of silver.

Up to 1 million ounces of silver were promoted to weddings a year. Also among the Egyptians was the shiny metal, silver Moon metal has been called by the Egyptians. Carthaginians discovered the Spanish Silver European silver was discovered In the first Millennium a.d. and it was followed by an intensive exploitation. After the arrival of the Moors in the Spanish territory is in the rest of Central Europe eagerly searched for silver mines. In the middle ages and the early modern period, silver ore deposits in the Harz in Waldeck-Frankenberg, in the Thuringian forest, Saxony, in the Slovakia were in Germany. The beginning exploitation after the discovery of the American continent, the massive gold mining in South America, mainly in Bolivia and Peru by the Spaniards followed in the Americas. Between 1500 and 1800, approximately 85% of the world’s silver production came from Mexico, Bolivia and Peru.

The remaining 15% were funded mainly in Germany, Hungary, Russia, Chile and Japan. Silver loses its value even in the 16th century, Japan was exporter of silver. By offering increased decreased the value of silver in the old world. In contrast to the silver, gold became increasingly important, the value ratio between gold and silver dropped dramatically from 1:14 to 1:100. At the present time, the ratio is approximately 1:60. Mid-19th century silver was strongly competes from the newly invented stainless steel. Due to its Ease of use and low prices stainless steel replaced the silver in many areas such as platters, cutlery and candlesticks. Today’s silver use today will grow silver used in the electrical field, causing the global demand to rise after silver. Despite the centuries-long promotion is silver with a share of about 0.079 still a very rare item, ppm (0,0000079%) occurs in the Earth’s crust. Silver there about 20 times as often as gold, and about 700 times less likely than copper. Even today, of silver held in Peru the lion’s share of the funding. According to latest studies, the range of global silver deposits is only 28 years so that coherent rising silver prices are expected a shortage of silver and. Silver still in the jewelry industry has a crucial meaning. As allergen-free and ideal for manufacturing material silver is highly appreciated still in production by earrings, bracelets and rings. Due to the increasing demand in the electronics sector and the upcoming Scarcity is however expected to continually rising silver prices. Silver jewellery from 925 sterling silver you find in our online shop