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Silver is a chemical element; ... They may have a common Indo-European origin, although their morphology rather suggest a non-Indo-European Wanderwort. [59] ...
Accounting for the Fall of Silver: Hedging Currency Risk in Long-Distance Trade with Asia, 1870-1913 (Oxford University Press, 2020) ISBN 0198865023; Stein, Stanley J., and Barbara H. Stein. Silver, trade, and war: Spain and America in the making of early modern Europe (JHU Press, 2000). excerpt; TePaske, John J. A new world of gold and silver ...
Sterling silver is an alloy composed by weight of 92.5% silver and 7.5% other metals, usually copper. ... S.E. Rigold disputes the origin being Norman, stating, "that ...
Silver is estimated to have been discovered in Asia Minor shortly after copper and gold. [14] There is evidence that iron was known from before 5000 BC. [15] The oldest known iron objects used by humans are some beads of meteoric iron, made in Egypt in about 4000 BC.
The Spanish silver dollar created a global silver standard from the 16th to 19th centuries. The silver standard [a] is a monetary system in which the standard economic unit of account is a fixed weight of silver. Silver was far more widespread than gold as the monetary standard worldwide, from the Sumerians c. 3000 BC until 1873.
Silver mining required large amounts of mercury to extract the metal from ore. In the Andes, the source was the Huancavelica mercury mine; Mexico was dependent on mercury from the Almadén mercury mine in Spain. Mercury had a high adverse environmental impact. [26] Silver was extremely valuable in China, and became a global commodity.
Silver and gold coins are the most common and universally recognized throughout history, even today. Mints around the world still make millions of gold and silver coins, including the Canadian Silver Maple Leaf, the American Gold Eagle, and the Australian Nugget. Copper, nickel, and other metals are also common, but in lower denominations.
The Punic or Carthaginian shekel was typically around 7.2 grams in silver and 7.5 grams in gold (suggesting an exchange rate of 12:1). [6] It was apparently first developed in Sicily during the mid-4th century BC. [3] It was associated with the payment of Carthage's mercenary armies and was repeatedly devalued over the course of each of the ...