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The History of Silver (Part 1)

Visual Capitalist
|
Tuesday, October 30th

The Silver Series: The History of Silver (Part 1)

For more information on silver, also view Endeavour Silver’s Education Hub

Today, silver has thousands of modern industrial uses and is considered a store of wealth. However, the story of this legendary precious metal begins with its use by ancient civilizations.

Silver has many attributes that made it so valuable to early peoples. It is malleable, ductile, lustrous, resilient, antibacterial, and rare. It was used to purify water and for ornate artwork – but more importantly it was perfectly suited to be a currency.

For over two thousand years, silver was used everywhere from Ancient Greece to the Spanish Empire as currency.

By 1967, all silver coins were removed from circulation in the US. And although no longer used, silver is the most widely used material for coinage in history.

Enjoyed the first installation of the Silver Series?

Check out our completed series on Gold

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