Thursday, January 26, 2017

Silver's History

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Silver has been man's attraction for many thousands of years. Silver was found by the ancient Civilizations from the earth Surface and beneath. They used this metal to make different art effects religious items and forms of jewelry. Sliver got its popularity very quickly and soon became a medium of exchange among the Traders and the Common People. The Trading for silver started as early as 700 B.C by the people of the Mesopotamian Civilization.


Silver gained a very important position in the United States Monetary System, when it was introduced to make Coins in 1792.Silver was used to produce the coins in the U.S until 1965 when it was no more continued. Silver was introduces to the Industries in the early 20th century as a form of raw material.


Presently both domestic and industrial field uses silver widely. Commercial and domestic products of different types were produced from silver. Silver is used from electronics to jewelry. Silver is a mode of investment too, for many people. People in some countries like India, buy Silver as good fortune.


Silver is found in plenty and is less expensive, compared to other precious metals like the gold or the platinum. Peru, Mexico, China, Australia and Chile are the words largest producers of Silver. Silver is mined directly for the use as silver, or silver is mined as a byproduct of gold, copper, lead and zinc mining, and silver is also used in photographic materials for developing pictures. The largest silver producing countries up to the year 2006 are:


1. Peru about 111.6 million ounces.


2. Mexico about 96.4 million ounces.


3. China about 75.4 million ounces.


4. Australia about 55.6 million ounces.


5. Chile about 51.5 million ounces.


In ancient times next to Gold silver was considered as a sacred metal, and there were restrictions on its use. Silver due to its ductility, was mainly used to produce ornaments and jewelry in the ancient times, it was also used to produce utensils and other house hold items. At Present time silver widely used in the electronics industry as it is a good conductor of electricity. Silver can be found in many electronic items. Even today gifts of silver are given as a symbol, of trust, love, and wisdom in many cultures of different countries.


Short Description: The history of silver takes us back to the Mesopotamian Civilization in 700 B.C. From then it has been used by man for making different items for both commercial and house hold purposes.



For information on the history of silver please check here




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