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Gold | Silver | Platinum


Platinum has been used for thousands of years, but it was not recognised as a chemical element until1735. Of three perecious metals, gold, silver & platinum - it is the rarest and most valuable.Platinum is a slightly more dense than pure gold and about twice as dense as silver. early jewelers had difficulty acheiving the 1,773ºC (3,223ºF) needed to melt platinum. It wasn't untill the 1920s that the technology was developed sufficiently to work this metal.


Platinum forms in igneous rocks, usually as ores in which the grains of platinum are often too minuteto be seen with naked eye. The main occurrrances of platinum is in South Africa, Canada, USA and Russia.


Platinum nugget


During the latter eighteenth century, platinum had some industrial uses. It was used to make durable laboratory instruments in Berlin in 1784. In France crucibles for glass production used it, a significant use still today. Platinum also began to impress jewellers and goldsmiths. Leading metal workers, such as Marc Janety, Royal Goldsmith to Louis XVI, and Pierre Chabaneu, of Spain, were using platinum to make expensive cutlery, watch-chains and coat buttons.



Platinum jewelry remained rare until high-temperature jewelers’ torches were developed. After this, jewellery makers made quick advantage of platinum. As jewelers became more adept at using platinum, it quickly became the diamond setting of choice.


In November of 1983, The Isle of Man, a British Crown Possession, issued a one ounce Noble platinum bullion coin. The highly successful Noble enticed other mints to issue their own platinum coins. During the second half of 1988, Australia (the Koala) and Canada (the Maple Leaf) introduced platinum legal tender bullion coins within three months of each other. Despite the proximity of the launches, both introductions were enormously successful, bringing the level of investment demand to new highs. For nearly ten years, Australia’s Koala and Canada’s Maple Leaf were among the leading platinum coins in annual sales. Not until 1997 was the platinum American Eagle released.

New uses for platinum are being discovered almost daily amidst a supply that is extremely restricted. Remarkable difficulties exist in its mining and production, with between 5 and 6 million ounces of new platinum reaching the world market each year, less than 5% of gold production. Estimates of all of the platinum ever mined would fill a room measuring less than twenty-five feet on each side. Mining and refining the metal is an intricate process of extraction that takes about six months.

The number and scope of platinum’s industrial uses have skyrocketed during this century to include neurosurgical and dental apparatus, drugs for cancer treatment,


computer and automotive equipment. Indeed, one of every five goods manufactured either contains or is produced using platinum. One of its most ess ential uses is in auto catalytic converters. Within autocatalysts, platinum converts harmful emissions into carbon dioxide and water. Nearly one third of newly mined platinum is used in this fashion.


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