Our Experts Outline Everything You Need to Know About Buying and Selling Silver
Silver is used extensively in industry as well as in coinage and jewelry as well as for decorative functions. This is mainly because it has excellent conductivity, and thermal properties, as well as excellent corrosion resistance. It is malleable enough to be worked yet durable enough to be used for all the aforementioned purposes.
In commercial applications the special chemical properties, superior thermal and electrical conductivity, high reflectivity, malleability, ductility and good corrosion resistance give it a unique place in industry. Silver is used in solar panels, computer boards, and more.
For coinage and jewelry silver is graded in the same way as gold - by weight or carats, but more usually by degree of purity or fineness. Sterling silver is slightly less pure than absolute pure silver because it has some copper added to it to improve the hardness of the materials.
Forty percent of the world's silver is used in photography, as silver bromide is used to develop photographs and only fourteen percent is actually used in jewelry and coinage.
Most countries in the world have some sort of silver coinage. A quick google search will illustrate just how many countries have their own silver coin or bar. Many collectors try to collect as many silver coins as possible from as many countries as possible.
Much effort has gone into creating coins for the sake of their looks and beauty, rather than their functionality. The quality of silver coins has steadily increased over the years. The minting process only gets better year after year.
Some truly beautiful silver coins the experts at GMRgold.com usually recommend are those such as the Canadian Maple Leaf, Chinese Panda, British Britannia's, and of course, the American Silver Eagle.
Silver is an important part of everyday life and also adds pleasure in many different ways. If you don’t have silver in your portfolio yet, we highly recommend you start now.
Remember, "Take care of your money and your money will take care of you."
We stand ready to serve you - call or email us today to start a conversation.