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Precious Treasures of the World

Precious metals and stones thats our topic for today. The Earth has hidden in it gems, jewels and natural resources which has been highly sought after by men of all classes and races down through the years. From diamonds, to rubies to coal have been mined from the earth through the centuries by those fortunate enough to finds them. They have made civilisations rich and have been the causes of many wars.

When were precious metals first used?

Early stone age man began the use of precious metals as money. Until the invention of coins, metals were weighed to determine their value. Eventually they developed into using more precious materials like gold, diamonds and other precious gems.It is interesting to note that different civilisations used different metals and stones to trade with. Although they were often believed to have mystical powers, precious metals was most attractive as a store of value (money) and for its beauty. Over time, precious metals started to symbolize wealth, power, and strength. You may find that virtually most of the civilisation used gold, why? well later on as we look at where these precious metals are located you will see that gold is pretty much found in most countries of the world.

The Mayan Civilisation particularly those of the Yucatan Penisula traded obsidian, jade, and other precious metals like cinnabar and hematite which could be found in the hills of those volcanic higglands. Gold and silver you would find has advantages over other precious metals. First, they have universal purchasing power. That is, everyone agrees they are valuable. Second, they can be molded into a variety of sizes and shapes to stand for a variety of different values. Third, they are very durable; they will not rust or decay; they can be stored for long periods of time. Fourth, since even small amounts of these metals are valuable, it is easy to carry them around. Thats probably why they were highly traded in early civilisation even today.

What makes Precious metals, precious?

  • Beauty
    Precious metals are used as jewelry, in clothing deigns, crowns and unique decorative pieces.,
  • Utility
    They are used in a many industrial and technological applications.Some civilisation would not exist today if it were not for precious metals.
  • Rarity
    Precious metals are extremely scarce relative to most other elements that occur in nature.
  • Indestructibility
    Virtually all the gold mined and refined since the beginning of time still exists in some form.
  • Portability
    Transporter easily in a briefcase, suitcase, bag anything transportable basically
  • Value
    The worth of precious metal is innate (it doesn't represent something else that has value like stocks/bonds) Precious metals are naturally valuable on their own.

Popular Precious Metals

The proportion of gold in jewelry is measured on the carat or [karat] scale. The word carat comes from the carob seed, which was originally used to balance scales in Oriental bazaars. Pure gold is designated 24 carat, which compares with the "fineness" by which gold is defined.

National governments now hold more than 1/3 of all gold in existence as national reserves.
Because of its popularity as monetary metal, there are more forms of coins available in gold than any other type of precious metal.
As an industrial commodity, gold is used extensively in the manufacture of jewelry, and in electronics, dentistry and many other commercial and scientific applications.
On average four tons of raw ore are required to produce one ounce of pure gold. Gold in its natural state is the familiar yellow color. If it is alloyed with copper and silver, it remains yellow. But if the alloy is platinum, palladium, zinc and copper, it becomes white gold. If copper only is the alloy, the result is pink gold, and by combining gold with silver, copper and zinc, you'll see green gold.

The use of silver in ancient civilizations goes back about 5,000 years. The word "silver" has become a part of our everyday language - we celebrate 25 years of marriage with a Silver Wedding Anniversary, and children of a wealthy family are said to have been born with silver spoons in their mouths.

Like gold, silver by itself is too soft to use in jewelry, so it is alloyed with other metals, such as copper. The best-known silver is sterling, which is 92.5% silver, and its primary use is in jewelry, flatware and holloware. Flatware is commonly called silverware - knives, forks and spoons - while holloware refers to silver pieces such as bowls, platters, trays and candlesticks. If silver is stamped "sterling" on the jewelry, it must contain 92.5% silver. Occasionally you'll see a piece marked "coin silver," meaning that it contains 90% silver.

Lower-priced jewelry is made from base metal that has been covered with silver, and this must be labeled "silver plated," and the plating must be thick enough so that the jewelry is durable.

Platinum, is more precious, and more enduring than gold. It is the hardest of the precious metals and and very rare.The ultimate stability of platinum over the years is unmatched. It does not wear, and its extreme level of durability offers a profound guarantee of strength and longevity. Platinum has an extremely high melting temperature. In its purest form it melts at 3214 degrees F, almost twice the temperature needed to melt 14 kt gold.All the platinum ever mined would produce a cube 17 feet on each side, less than 5000 cubic feet.It takes 10 tons of ore to produce on ounce of platinum, more than twice as much ore than it typically take for an ounce of gold.

Precious Gems
Topaz
Topaz is a very hard gemstone said to be colored by the glow of the sun. Topaz comes in a range of colors from an amber like that of cognac to a ripe peach, but it also is seen in varying shades of brown, yellow, orange, pink and red. Blue Topaz is also quite popular, and its pale Blue color is enhanced by irradiation to become a medium Blue.
Location: Ouro Preto Brazil and Sri Lanka.
Aluminia Minerals
Sapphire
The ancient Persian rulers believed it was the sapphire that gave blue color to the heavens. Some thought the heavens crystallized to form a huge Sapphire upon which the earth rested. Red corundum is Ruby; all other members of this mineral species are called Sapphire. Virtually all sapphires are heat-treated to improve either the clarity or color, or both by getting rid of trace elements in the sapphire, and it does not affect the sapphire in any other way.
Location: Ceylon, Kashmir and Sri Lanka
Rubies

Also called "The King of Gems"

The gemstone holds the record for the highest price per carat ever paid for a jewel. Ruby and sapphire are corundum, but only the red corundum is referred to as ruby. All other colors are known as sapphire. Corundum is one of the hardest gemstones known, next to diamond. Ruby is associated with red, and, in fact, the word "red" comes from the Latin word "ruber," which means ruby.

Color is the most important factor in determining the value of a ruby, but the size, cut and clarity also play a major role.
Location: Ouro Preto Brazil, Sri Lanka, Kenya and Tanzania.

Beryllium Minerals
Emerald

Emeralds are green, and green is symbolic of Spring. Emerald is from the beryl family, a stone that is usually colorless, but microscopic traces of chromium in the beryl cause the rich green color of emeralds. Color is the most important factor in choosing an emerald - the more vivid green it is the more valuable it is.

Most emeralds are cut in a rectangular step-cut shape, and that shape has been given the name "emerald cut" regardless of the gemstone. Ancient emeralds were found in Egypt and Afghanistan. It ranks with diamond and ruby as one of the most precious stones.
Location: Colombia.

Zircon
Zirconium Silicate . Zirconium metal is uesd in steel alloys and wireless valves. Can be found in a variety of colours. Zircon resembles diamond in luster and fire and colorless zircons have been mistaken for diamonds by experienced jewelers. Zircon can make a very attractive and affordable gemstone. It is found in browns and greens but can be heat treated to beautiful blue and golden colors. Colorless material is produced in this way as well. Location: Seiland, Norway and Pakistan.
Silica Minerals
Quartz
Rock crystal is the name given to all clear colorless quartz. It is widely used as a popular ornamental stone and is also used as a gemstone. Although it is one of the lest expensive gemstones, cut rock crystal has been used as imitation diamonds. Rock crystal lacks the fire, color (of course) and the rarity to be ranked as a fine precious gemstone. None-the-less, rock crystal is in wide use as a gemstone due to its beauty, affordability, availability and ease of cutting.
Opal
Opal has been a popular gem for many centuries and has a very interesting structure. Opal is considered a mineraloid because this structure is not truly crystalline. The chemistry of Opal is primarily SiO2 and varying amounts of water.The multicolored flashes of light that Opal emits gives it a truly beautiful and valuable look. Natural opals contain a large amount of water and tiny spheres of silica. These spheres cause interference with light that enters the stone causing a wonderful play on color and gives opal its ever-changing light show.

Location: Western USA; Mexico; Australia
Garnet

The word "garnet" is believed to have come from the Greek word "granatum," or pomegranate seed, because ancient jewelry makers grouped the tiny gemstones in a cluster that resembled the seed-filled fruit. Because the garnet is hard and durable, it is very suitable for use in jewelry, and is a very popular gemstone. Although garnets are generally thought of as being a deep red color, they also can be found in many other colors, including orange, green and soft Blue, and more. Some garnets change color under changing light, and some are almost translucent.
Location: Sri Lanka, India and Africa.

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