Silver and its uses
Silver and its uses
As early as 3000 BC, Silver was mined in the mines of present-day Turkey. This precious metal became the essential currency of exchange between the peoples of Antiquity. Silver coins greatly facilitate the economic development of these civilizations. With the discovery of America by Europeans in 1492, production exploded between 1500 and 1800. Bolivia, Peru and Mexico accounted for more than 80% of world production during this period. Since then many mines have been found elsewhere in the world.
Silver is extracted either from silver mines or from mines of other metals of which it is a sort of by-product. Half comes from silver mines, a third comes from lead or zinc mines, a quarter comes from copper mines, a tenth is extracted from gold mines.
Financial analysts consider the price to be heavily undervalued as it fluctuates due to its role as a commodity in the industry. World reserves known to date are becoming low. For which it is estimated that only about 20 years of known mining remain. Currently silver is much less recycled than gold. As a result, we think that its value is likely to soar in the next 10 years.
The 3 most notable alloys: electrum which is the natural alloy of gold and silver. This alloy has been known and used since Antiquity. Britannia silver which has 958 thousandths of silver, the rest being mostly copper. Sterling silver (or first grade silver) stands out with 925 thousandths of pure silver with the rest copper. The hallmark is the official guarantee of a State concerning the degree of purity of the precious metal in question. For France see below:
Uses of silver:
This precious metal has outstanding qualities in the industry: It has excellent conductivity to heat and electricity, high sensitivity to light, has antibacterial qualities, corrosion resistant, shiny and malleable.
It is used in the industries of: electronics, aerospace, electrical, photographic with silver films, photovoltaic by transforming light into electricity, pharmaceuticals with silver ions with antibacterial properties.
In jewelry and silversmithery, which represent the second use after industries, it is essential for the manufacture of jewels and precious objects in solid silver or in plating.
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