When you purchase a fine silver item or a piece of jewelry, you expect it to be an investment that stands the test of time. Silver, a popular and budget-friendly option when compared to platinum or white gold, is a go-to jewelry metal for when you want a glamourous piece that doesn’t break the bank.
However, as is the case with all metals, silver tarnishes, sometimes faster than you’d expect it to. Tarnishing is not exclusive to low purity silver–even sterling silver will tarnish. Let’s explore why silver items tarnish and how you can slow down the process, clean your silver, or get tarnished silver off your hands.
Dozens of Olympic athletes took the podium to receive gold, silver, and bronze medals in the Beijing Winter Olympics last month.
Olympic medals are an iconic part of the events, but what are they actually made out of? How much do they weigh? What are they worth from a precious metals standpoint? Read on for some insight into what Olympic medals are composed of as well as what made the Beijing medals unique.
Silver is now considered rarer than gold in some places. As rarity increases, the price for silver is rising in 2021—but it may not continue in years to come. Got silver? Now may be the time to part ways with it while prices are high—or at least see how much it’s worth. Let’s dive into why silver is scarce and what this means for the near future.
We’re all familiar with silver in the form of jewelry, silverware, and coins, but it also has many other common uses in industries across the world – and much of its value is tied to this widespread usability.
Silver is often described as the “world’s most indispensable metal,” as it is highly conductive, malleable, and ductile, in addition to having low resistivity. Silver can be flattened into fine sheets, drawn out into thin, flexible wires, and even formed into pastes, making it extremely versatile and useful in applications ranging from clothing to appliances and everywhere in between.
Because of this high usability, the global economy has a significant impact on the demand for silver. And as production increases, the price of silver typically does so, as well.
Here are five real-world applications for silver that help make it one of the most popular and valuable precious metals on the planet.
Jewelry, coins, bullion, and other items made from precious metals are popular in today’s market due to their exceptional beauty and high value. Gold has always been the most popular and highly sought-after of all the precious metals, but silver, platinum, and palladium have significant value, as well.
While silver, platinum, and palladium all look very similar in color and are even often mistaken for one another to the untrained eye, each has its own unique characteristics that help determine its value.
Here is a breakdown of the key differences and similarities between silver, platinum, and palladium.