In the world of numismatics, the Silver Maple Lead coin is known for its craftsmanship, history, and artistry. With its instantly recognizable maple leaf motif and precious metal purity, this silver bullion coin has become sought-after. Join us as we delve into the design and history of the Silver Maple Leaf, exploring its symbolism, evolution, and undeniable popularity.

The Symbolism of the Maple Leaf Motif

The maple leaf motif featured on the Silver Maple Leaf coin holds deep symbolism that resonates with Canadians and collectors alike. As the national emblem of Canada, the maple leaf represents unity, peace, and tolerance. Walter Ott, the designer, set out to design a coin that would symbolize the beauty of nature and the strength of the Canadian spirit.

Craftsmanship and Precious Metal Purity

This symbolism, combined with the coin’s high level of purity in precious metals, adds to its allure and value. The Silver Maple Leaf is produced with .9999 fine silver, making it one of the purest silver coins in the world. This level of purity not only enhances its aesthetic appeal but also reflects the commitment to quality and excellence that the Royal Canadian Mint upholds.

Evolution of the Design Over Time

The design of the Silver Maple Leaf coin has evolved over time, reflecting both historical influences and modern aesthetics. From its inception in 1988 with the iconic sugar maple leaf design, the coin has undergone several updates and variations, each iteration adding a unique touch to this beloved piece of numismatic art.

The introduction of security features in 2014 such as radial lines, micro-engraved laser marks, and a complex background pattern has not only enhanced the coin’s security but also brought a new level of sophistication to its design.

Popularity and Collectability in the Numismatic World

The Silver Maple Leaf has become a highly sought-after treasure for both seasoned collectors and newcomers to the world of coin collecting. As this coin continues to captivate the hearts of numismatists worldwide, its place in the history of numismatics remains secure.

Whether you are a seasoned collector or just starting out, the Silver Maple Leaf coin is a must-have in any collection. To make this exquisite coin part of your portfolio, contact Manhattan Gold & Silver today.

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From antique and vintage pieces to custom-made creations and even gemstone settings, we’ll show you how to identify and unlock the opportunities that could be right under your nose. Whether you’re a collector looking to add valuable pieces to your jewelry stash or a reseller looking to turn a profit, get ready to dive into the world of hidden platinum. But first…

Fast Facts About Platinum

• Has a high melting point of 3,214 degrees Fahrenheit (or 1,768 degrees Celsius)
• Is a silvery-white metal
• Highly resistant to corrosion making it a popular choice for industrial use
• Around 80% of platinum comes from South Africa
• Platinum is one of the most dense elements with a density higher than pure gold
• This precious metal is popular among jewelers due to its rarity and durability

Antique and Vintage Jewelry

Antique and vintage jewelry hold a special allure for collectors and history enthusiasts alike. Within the intricate designs and rich narratives woven into these pieces, platinum often makes its appearance in the most unexpected places.

When it comes to antique and vintage jewelry, platinum was particularly popular during the Art Deco period of the 1920s and 1930s. Its strength and durability made it the perfect metal for showcasing the era’s signature geometric shapes and exquisite gemstones.

One of the telltale signs of platinum in antique and vintage jewelry is its color. Unlike white gold, which often requires rhodium plating to achieve the same bright, silvery hue, platinum maintains its natural, lustrous white shine.

While platinum in antique and vintage jewelry can be found in various forms, some common examples include rings, brooches, bracelets, and necklaces. These pieces often feature intricate engravings, stunning gemstones, and a level of craftsmanship that reflects the care and attention that went into their creation.

Custom-Made Jewelry

Custom-made jewelry offers a unique opportunity for individuals to express their personal style and wear pieces that are truly one-of-a-kind.

When it comes to working with platinum, custom jewelers embrace the noble metal’s versatility, strength, and beauty. Platinum’s durability and resistance to wear make it an ideal choice for jewelry that is meant to last a lifetime.

From delicate filigree work to bold and contemporary designs, custom-made platinum jewelry showcases the craftsmanship and artistry of the designers. Whether it’s a platinum engagement ring adorned with diamonds or a platinum necklace featuring a rare gemstone, these handcrafted pieces embody the dedication and skill of the artisans who bring them to life.

The allure of custom-made platinum jewelry also lies in its exclusivity. Unlike mass-produced items found in jewelry stores, custom pieces are created specifically for the individual, ensuring that no two pieces are alike. This exclusivity adds a layer of luxury and prestige to each custom-made platinum creation, making it even more special and cherished.

Gemstone Settings

Gemstone settings are crucial elements in jewelry design, as they not only secure the stones in place but also add aesthetic value to the overall piece. Platinum, with its unique properties, offers unique advantages when it comes to gemstone settings. Its strength and durability surpass other precious metals, making it an ideal choice for securing gemstones.

One of the most popular gemstone settings in platinum jewelry is the prong setting. This classic setting uses small metal prongs to hold the gemstone securely in place while allowing maximum light to enter and reflect off the stone. Platinum’s strength ensures that the prongs remain firm and do not bend or break easily, providing long-lasting support for the gemstone.

Another commonly used gemstone setting is the bezel setting. In this setting, a thin border of platinum metal surrounds the gemstone, holding it securely in place. This setting not only offers protection to the gemstone but also adds a sleek and modern look to the piece. The smooth surface of platinum enhances the luster of the gemstone, creating a beautiful contrast and highlighting its natural beauty.

For those who prefer a more intricate and detailed design, the pavé setting is an excellent choice. In this setting, small gemstones are set closely together in tiny holes or indentations on the surface of the piece, held in place by platinum prongs or beads. The result is a stunning, sparkling effect as the light reflects off the countless gemstones. Platinum’s strength ensures that the pavé setting remains secure and does not loosen over time.

Identifying and Unlocking Opportunities

In any industry, recognizing and capitalizing on opportunities is key to staying ahead of the game. This holds true for the world of platinum jewelry as well. As artisans and designers continue to push the boundaries of creativity, there are endless possibilities for taking platinum jewelry to new heights.

One way to identify opportunities is by keeping a close eye on the latest trends and consumer preferences. By staying in tune with what customers are seeking, designers can gain insight into the types of platinum jewelry that are in high demand. Whether it’s elegant platinum necklaces or intricately designed platinum rings, understanding the current market can help guide the creation of sought-after pieces.

Another avenue for unlocking opportunities lies in collaboration. When talented individuals from different creative backgrounds come together, they can leverage each other’s skills and expertise to forge new paths in platinum jewelry design. Collaborations with gemstone experts, renowned artisans, and innovative designers can lead to breathtaking creations that captivate the hearts of jewelry enthusiasts worldwide.

Technology has opened a new frontier for platinum jewelry design. With the use of 3D printing and CAD modeling, artisans and designers can bring their visions to life with greater precision and efficiency. The ability to experiment and iterate quickly allows for the exploration of unconventional designs and the creation of truly distinctive platinum jewelry pieces.

If you’re a jeweler shopping for platinum wire, grain or rods for jewelry making, Manhattan Gold & Silver can help. Contact us today.

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The Royal Mint’s Ancient Beginnings

Founded in the reign of Alfred the Great in the year 886, the Royal Mint has a storied history of producing coins. Its origins can be traced back to the time when coins were a physical representation of a ruler’s power and authority. The meticulous craftsmanship and artistry of these early coins reflect the importance placed on currency in ancient societies.

The Royal Mint is the oldest company in the United Kingdom and from 1279 to the 1960s, the mint was housed inside the Tower of London.

Innovations in Coinage Production

One of the most significant innovations in coinage production at the Royal Mint is the introduction of cutting-edge technology that has streamlined the process and improved the quality of coins. From the use of state-of-the-art machinery to precision engraving techniques, the Royal Mint continues to push the boundaries of what is possible in coin production.

These advancements have not only increased efficiency but have also allowed for greater creativity and customization in the design of coins. One example of this is the sustainability initiatives the Royal Mint has in place to recover gold from electronic waste.

Notable Coins and Commemorative Releases

The Royal Mint has a rich history of producing coins that commemorate significant events and figures. From special edition coins marking royal weddings and birthdays to coins honoring iconic landmarks and historical moments, the Royal Mint has a wide array of collectible pieces that appeal to both numismatists and casual coin collectors.

Whether it’s a limited edition release or a coin with unique features like colorization or holography, the Royal Mint continues to impress with its innovative approach to coin design. These special coins not only serve as valuable collectibles but also provide a tangible connection to history and culture.

Here are some examples of collectible coins minted by the Royal Mint:

1. Gold Sovereign: The Gold Sovereign is one of the most famous and enduring coins minted by the Royal Mint. First issued in 1489, it has a rich history and is highly sought after by collectors worldwide.
2. Britannia Coins: The Britannia series features designs depicting the iconic figure of Britannia, the personification of the British Isles. These coins are issued in various denominations and are highly collectible due to their changing designs and association with British heritage.
3. Queen’s Beasts Series: This series of coins features designs inspired by the heraldic beasts that stood guard at the coronation of Queen Elizabeth II in 1953. Each coin in the series depicts a different beast, such as the Lion of England, the Unicorn of Scotland, and the Dragon of Wales.
4. Lunar Series: The Lunar series of coins celebrates the Chinese zodiac with designs representing each animal in the zodiac cycle. The Royal Mint has issued coins for various lunar years, each featuring a unique design corresponding to the animal of that year.
5. Great Engravers Series: The Great Engravers series showcases the work of some of the most talented engravers in the history of the Royal Mint. These coins feature classic designs reinterpreted for modern audiences, paying homage to the craftsmanship of the past.
6. Historical Anniversary Coins: The Royal Mint frequently issues coins to commemorate significant historical events and anniversaries. These coins often feature intricate designs and limited mintages, making them highly collectible among history enthusiasts.
7. Special Editions: The Royal Mint periodically releases special edition coins with unique designs or features. These coins may include holographic elements, colorized designs, or other innovative features that appeal to collectors.

Behind the Scenes: The Modern Operations of the Royal Mint

As we unravel the intricacies of the Royal Mint’s operations, we gain insight into the modern techniques and technologies that ensure the Mint’s continued success in creating coins that are not only visually stunning but also highly sought after by collectors and investors alike.

Each step of the coin-making process is carefully monitored and refined to meet the Mint’s exacting standards. Collaborations with renowned artists and designers further enhance the Royal Mint’s reputation for excellence, with each coin bearing the mark of creativity and expertise. By staying at the forefront of technological advancements and artistic ingenuity, the Royal Mint continues to captivate collectors and enthusiasts around the world, solidifying its position as a global leader in numismatic craftsmanship.

If you’re looking to add coins from the Royal Mint to your collection, come see us at Manhattan Gold & Silver in the Diamond District.

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Olimpiada Mine

The Olimpiada Mine is located in the Krasnoyarsk Krai region of Russia, in the eastern part of the country. The mine is owned and operated by Polyus, which is the largest gold producer in Russia. Olimpiada utilizes both open-pit and underground mining methods to extract gold. Open-pit mining is typically used for shallow deposits, while underground mining targets deeper ore bodies.

Grasberg Mine

The Grasberg Mine is located in the province of Papua in Indonesia, near Puncak Jaya, the highest mountain in Papua. The mine is owned and operated by Freeport-McMoRan, an American mining company. The Grasberg Mine is known for its significant production of gold and copper. It is one of the world’s largest producers of both metals.

Muruntau Mine

The Muruntau Mine is owned and operated by Navoi Mining & Metallurgy Combinat (NMMC), which is a state-owned company in Uzbekistan. It is located in the Kyzylkum Desert of Uzbekistan, in the Navoiy Region, which is approximately 250 miles west of the capital city, Tashkent. The mine employs conventional open-pit mining methods to extract gold ore from the Muruntau deposit. This involves drilling, blasting, loading, and hauling the ore.

Carlin Mine

The Carlin Mine is located in northeastern Nevada, United States, near the town of Carlin. Ite is part of the Carlin Trend, which was discovered in the early 1960s by geologists exploring for uranium. Gold was discovered in the area, leading to the development of numerous gold mines, including Carlin. The mine is owned and operated by Nevada Gold Mines LLC, a joint venture between Barrick Gold Corporation and Newmont Corporation, two of the world’s largest gold mining companies.

Boddington Mine

Gold was first discovered in the Boddington area in the late 19th century, but modern exploration and development of the mine began in the late 1980s. The Boddington Mine is located in Western Australia, about 80 miles southeast of Perth, the state capital. The Boddington Mine is owned and operated by Newmont Corporation.

Kibali Gold Mine

The Kibali Gold Mine is located in the northeastern part of the Democratic Republic of Congo, near the border with Uganda, about 350 miles northeast of the capital city, Kinshasa. The Kibali deposit was discovered in 2002 by Randgold Resources, which later merged with Barrick Gold Corporation. Exploration and development of the mine began in the mid-2000s. The Kibali Gold Mine is owned and operated by Kibali Goldmines SA, a joint venture between Barrick Gold Corporation, AngloGold Ashanti, and Société Minière de Kilo-Moto (SOKIMO).

Detour Lake Mine

Gold was first discovered in the Detour Lake area in the early 20th century, but modern exploration and development of the mine began in the late 1970s. Production commenced in 2013. The Detour Lake Mine is located in northeastern Ontario, Canada.

Cortez Gold Mine

The Cortez Gold Mine is owned and operated by Nevada Gold Mines LLC, the same joint venture that owns Carlin Gold Mine. The Cortez mine is about 59 miles from the Carlin mine. The Cortez Gold Mine utilizes both open-pit and underground mining methods to extract gold ore from multiple deposits within the Cortez Trend. This involves drilling, blasting, and hauling the ore to processing facilities.

Pueblo Viejo Mine

The Pueblo Viejo Mine is located in the central part of the Dominican Republic, approximately 62 miles northwest of the capital city, Santo Domingo. The Pueblo Viejo Mine is an open-pit operation that utilizes conventional truck and shovel mining methods to extract gold ore from multiple deposits within the Pueblo Viejo gold belt.

Lihir Mine

Gold was first discovered on Lihir Island in 1982 by the Newcrest Exploration Limited team. Development of the mine began in the late 1990s, and production commenced in 1997. The Lihir Mine is located on Lihir Island in the New Ireland Province of Papua New Guinea, in the southwestern Pacific Ocean. The Lihir Mine is owned and operated by Lihir Gold Limited, a subsidiary of Newcrest Mining Limited, an Australian mining company.

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Formation and Characteristics of Platinum

What sets platinum apart from its precious metal counterparts like gold, silver, and rhodium? To understand the unique qualities, we must first explore its formation and characteristics.

Platinum is formed deep within the Earth’s mantle, where intense heat and pressure transform its elemental state. The formation of platinum occurs through a slow and complex process, resulting in its scarcity and exceptional value in the market.

One of the remarkable characteristics of platinum is its incredible density. As one of the densest metals on Earth, platinum possesses a notable weight that adds to its luxurious feel. Its high density also contributes to its exceptional durability, making it resistant to wear and tear even under extreme conditions. This durability is a key factor that sets this precious metal apart, making it a popular choice for jewelry where longevity is essential.

Another distinguishing feature of platinum is its lustrous white color. Platinum boasts a naturally bright and radiant hue. This unique color gives platinum a timeless and sophisticated look, making it a preferred choice for many jewelry designers. The white color of this precious metal complements a variety of gemstones, enhancing their brilliance and showcasing their true beauty.

Platinum also excels in terms of its exceptional purity. The metal is typically 95-98% pure, ensuring that it is free from impurities that can affect its quality and integrity. This high level of purity not only enhances platinum’s aesthetic appeal but also contributes to its hypoallergenic properties, making it an excellent choice for those with sensitive skin.

Finally, platinum possesses exceptional resistance to corrosion and oxidation. Unlike other metals that may tarnish or lose their luster over time, platinum maintains its brilliance and beauty, even after years of wear. This resistance to corrosion makes platinum highly desirable for both jewelry and industrial applications, where longevity and reliability are important.

Comparison with Gold, Silver, and Rhodium

When we consider the allure of platinum, it becomes important to compare it to other prominent metals like gold, silver, and rhodium. While gold and silver are widely recognized as precious metals, platinum offers a unique set of qualities that sets it apart. Similarly, rhodium, with its distinctive silver-white appearance, often accompanies platinum in jewelry and industrial applications.

In terms of density, platinum surpasses both gold and silver. Its remarkable weight and heft add a sense of substance and luxury to jewelry pieces or other items crafted from this precious metal.

Additionally, platinum’s purity sets it apart from its counterparts. While gold and silver are often alloyed with other metals to increase their durability, platinum maintains a high level of purity in its natural state. This purity elevates platinum’s status as a precious metal, emphasizing its rarity and exclusivity.

In comparison to rhodium, platinum also stands out for its exceptional resistance to corrosion and oxidation. While rhodium shares this characteristic to some extent, it falls short when compared to platinum’s unrivaled durability.

The Renowned Status of Platinum

Whether used in fine jewelry, electrical contacts, or catalytic converters, platinum exhibits a level of performance and elegance that sets it apart from other metals. Its ability to withstand the test of time and maintain its beauty further solidifies its position as a true gem among metals.

By recognizing the renowned status of platinum and appreciating its exceptional qualities, we gain a deeper understanding of why it continues to hold its place as one of the most precious and versatile metals on Earth. Platinum’s unrivaled durability, resistance to corrosion, and timeless beauty make it a metal that stands the test of time.

Diverse Applications of Platinum

One of the key industries where platinum finds widespread use is in the world of fine jewelry. Its stunning white color, combined with its durability and resistance to tarnish, makes it an ideal choice. Its purity and hypoallergenic properties also make it a favored choice for those with sensitive skin, ensuring both style and comfort.

In addition to its role in jewelry, platinum plays a crucial part in the field of medicine and healthcare. Due to its biocompatibility and resistance to corrosion, platinum is used extensively in medical devices such as pacemakers, stents, and electrodes. Its ability to conduct electricity ensures the effectiveness of these vital devices. Furthermore, platinum-based compounds are used in chemotherapy drugs to combat cancer, highlighting its importance in the fight against life-threatening diseases.

Platinum is also highly sought after in the electronics and automotive industries. Its conductivity and resistance to heat allow it to be used in electrical contacts and connectors, ensuring efficient transmission of power and signals. In the automotive sector, platinum serves as a catalyst in catalytic converters, helping to minimize harmful emissions and reduce air pollution. Its exceptional performance in these applications underscores its value as a metal that not only enhances functionality but also contributes to a cleaner and more sustainable environment.

From aerospace to petroleum refining, platinum finds applications in a wide range of industrial sectors. Its high melting point and resistance to chemical reactions make it an essential component in jet engines, gas turbines, and industrial catalysts. In the petroleum industry, platinum-based catalysts are used to facilitate the conversion of crude oil into various valuable products. These diverse applications highlight the indispensable nature of platinum in driving technological advancements and supporting various aspects of modern society.

Whether you’re looking to buy or sell platinum, our team at Manhattan Gold and Silver is here to help.

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• Gold Krugerrand Coins for a $50 premium per ounce
• Backdated Gold Eagle Coins for $70 over gold
• Backdated Silver Eagle Coins for a $3 premium

We’ve written about the history of the Silver Eagle coin before and today we’re telling you a little bit more about the Krugerrand.

Fast Facts about the Krugerrand

• First minted in 1967
• The world’s first gold bullion coin
• Silver version released in 2017 by Rand Refinery
• Accounted for 90% of the global coin market in 1980
• Banned for import in the United States from 1985-1991 due to South Africa’s apartheid policy
• Over 50 million gold Krugerrands have been sold since the coin’s debut

The Birth of the Krugerrand

The Krugerrand can be traced back to a time when South Africa found itself amid a tumultuous era. As the world grappled with the complexities of the apartheid regime, the South African Mint sought to create a tangible representation of the country’s rich heritage and natural resources. In 1967, after years of meticulous planning and design, the first Krugerrand was minted.

Crafted with precision and symbolism, the Krugerrand was not just a coin but a powerful statement. Its name was inspired by Paul Kruger, the influential figure who served as the President of the South African Republic in the late 19th century. The reverse side of the coin features a springbok, the national animal of South Africa, while the front of the coin proudly displays Paul Kruger himself.

From the moment it entered the market, the Krugerrand quickly gained traction and captured the imaginations of investors worldwide. Its unique design, coupled with its accessibility and affordability, appealed to both experienced collectors and those new to the world of precious metal investments. The Krugerrand became an accessible gateway for individuals to participate in the gold market.

This coin not only revolutionized the investment landscape but also had a significant impact on the South African economy. As demand for the Krugerrand soared, it bolstered South Africa’s gold mining industry, creating jobs and fostering economic growth.

The South African Mint

Founded in 1890, the South African Mint has been responsible for the production of coins that showcase the nation’s rich heritage. Beyond its role in creating legal tender coins, the South African Mint has played a significant cultural role in shaping the nation’s identity. With a commitment to both quality and artistic expression, the mint has continually pushed the boundaries of coin design, capturing the essence of South Africa’s diverse culture and natural beauty.

But it is the production of the Krugerrand that truly puts the South African Mint in the spotlight. The world’s first modern gold bullion coin, the Krugerrand, was first minted in 1967 with the aim of making gold investment more accessible. The South African Mint worked diligently to ensure the coin’s design not only reflected the nation’s history but also appealed to investors worldwide.

Each Krugerrand is crafted with precision and attention to detail, reflecting the mint’s commitment to quality. This coin’s design featuring Kruger and a springbok has remained unchanged since the coin’s inception.

The Economic Impact

The Krugerrand’s significance extends beyond its exquisite design and investment value. Its economic impact on South Africa and the global gold market cannot be overstated. Since its introduction in 1967, the Krugerrand has not only become a symbol of South Africa’s rich gold heritage but has also played a pivotal role in shaping the country’s economy.

The production and export of Krugerrands have contributed significantly to South Africa’s GDP. With its vast reserves of gold, South Africa has long been one of the world’s leading producers, and the Krugerrand has been instrumental in driving the country’s gold mining industry. The coin’s popularity has led to increased demand for South African gold, creating jobs and stimulating economic growth.

Beyond its impact on South Africa, the Krugerrand has transformed the global gold investment landscape. Before its introduction, gold coins were typically sold at a premium, making them inaccessible to everyday investors. By offering the Krugerrand at a lower premium and with a convenient one-ounce size, the South African Mint democratized gold ownership, making it accessible to a wider audience.

Cultural Significance and Global Recognition

The success of the Krugerrand spurred the creation of numerous other gold bullion coins, further expanding the gold investment market. Today, investors around the world recognize the Krugerrand as a trusted and reliable investment vehicle.

Since its introduction, the coin has gained popularity among investors seeking a tangible asset that can withstand economic uncertainties. The Krugerrand’s gold content and purity, combined with its widely recognized design, have made it a preferred choice for those looking to diversify their investment portfolios and protect their wealth.

From its humble beginnings at the South African Mint to its immense economic impact and global recognition, this coin has stood the test of time and continues to allure collectors and savvy resellers alike. Don’t miss out on this opportunity to own a piece of history; start your Krugerrand adventure today call (212) 398-1454 or visit our Manhattan store today to take advantage of gold Krugerrand coins for $50 premium per ounce.

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Understanding the Properties of Platinum

To truly appreciate the power and allure of platinum, it’s essential to understand its unique properties. Platinum is a dense, malleable, and ductile metal that boasts a stunning silver-white color. It stands out from other precious metals due to its exceptional resistance to corrosion and oxidation, making it highly durable and long-lasting. This remarkable property makes platinum an ideal choice for various applications, from jewelry and electronics to automotive and uses in medical industries.

Platinum’s melting point is significantly higher than that of other precious metals, such as gold and silver, and it remains stable even at extremely high temperatures. For reference: platinum’s melting point is 3,215 degrees Fahrenheit or 1,786 degrees Celsius. Having higher heat-resistance lends itself well to industrial processes involving extreme heat, including catalytic converters and chemical manufacturing.

Another distinguishing feature of platinum is its remarkable conductivity. It possesses excellent electrical and thermal conductivity, making it an essential component in various electronic devices. Platinum wires can transmit electrical signals with minimal resistance, enhancing the efficiency and performance of electronic systems.

Platinum also has a unique ability to absorb and retain hydrogen, making it indispensable in the field of hydrogen fuel cells. As an efficient catalyst, platinum promotes the necessary reactions within the fuel cell to convert hydrogen into clean energy, offering a promising solution for renewable energy production.

Beyond its practical applications, platinum’s aesthetic appeal and rarity have made it a sought-after choice for jewelry and adornments. Its lustrous shine and resistance to tarnishing make platinum the perfect choice for crafting jewelry pieces that stand the test of time. Whether adorning engagement rings or highlighting the beauty of gemstones, platinum exudes elegance and sophistication.

Exploring the Uses of Platinum in Various Industries

In addition to being a popular choice for jewelry, platinum’s versatility extends far beyond the realm of brooches and rings. Its unique characteristics and properties have found applications in industries from automotive to medical. The exceptional durability and resistance to corrosion make platinum an invaluable asset in the production of catalytic converters for vehicles, where it plays a pivotal role in reducing harmful emissions and promoting a cleaner environment.

The medical field has also embraced platinum for its exceptional biocompatibility. This metal is a preferred choice for medical devices, such as pacemakers and surgical instruments, due to its ability to resist corrosion and interact harmoniously with the human body. Platinum’s inert nature and its compatibility with living tissues make it an ideal choice for implants and prosthetics, ensuring both durability and safety for patients.

In the chemical industry, platinum-based catalysts are utilized in various processes, enabling the production of chemicals, and facilitating efficient reactions. Additionally, platinum’s conductivity and durability make it a valuable component in the manufacturing of electrical contacts and connectors, ensuring reliable and long-lasting connections in electronic devices.

From its role in reducing emissions and improving air quality to its applications in life-saving medical devices and essential chemical processes, platinum’s versatility knows no bounds.

The Role of Platinum in the Precious Metal Market

Platinum’s unique properties and extensive range of applications make it a highly sought-after metal in the precious metal market. While it is often associated with prestigious jewelry and luxury goods, platinum’s role extends beyond this. Its exceptional qualities have positioned it as a key player in various industries, contributing to advancements in technology, environmental sustainability, and even life-saving healthcare solutions.

From its role in reducing emissions and improving air quality to its applications in life-saving medical devices and essential chemical processes, platinum’s versatility knows no bounds. As we explore the fascinating applications of this remarkable metal across various industries, we begin to grasp the immense impact it has on our everyday lives. By understanding the role of platinum in the precious metal market, we can navigate this dynamic industry with confidence, taking full advantage of the opportunities and potential it presents.

Navigating the Platinum Market with Confidence

One key aspect to consider when navigating the platinum market is its unique relationship with other precious metals. Platinum is often compared to gold and silver, as they all share a common status as valuable and sought-after metals. However, the dynamics that influence the price of platinum are distinct from those of its counterparts. Understanding these distinctions will give us an edge in predicting market trends and making strategic investments.

Another important factor to consider is the economic and geopolitical landscape. Like any other commodity, platinum is influenced by global economic conditions, political developments, and market sentiment. By staying informed about these factors, we can anticipate potential shifts in the platinum market and adjust our strategies accordingly.

It’s also important to keep an eye on technological advancements and industry trends when navigating the platinum market. As new applications for platinum emerge and existing industries expand, the demand for platinum may vary. By staying up to date with technological advancements and anticipating market shifts, we can capitalize on emerging opportunities and stay ahead of the curve.

Conducting thorough research and analysis is paramount. By studying historical price trends, market data, and industry reports, we can pinpoint patterns and identify potential investment opportunities. This disciplined approach to research will help to navigate the market with confidence and make data-driven decisions.

Platinum is a captivating precious metal that holds immense potential. Throughout this guide, we’ve explored the properties of platinum, its diverse applications across industries, and the role it plays in the precious metal market. Armed with this knowledge, you now have the tools to navigate the platinum market with confidence. Whether you’re looking to sell platinum scrap or purchase platinum bars and bullion, Manhattan Gold and Silver is here to help.

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Back in October, we began our journey to mints around the world. Check out this infographic for stats and learn more in our first blog post from the series.

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Want to get your hands on a tangible piece of American history that shines brightly through time? In this article, we invite you along on a behind-the-scenes journey to see the process behind the creation of the American Silver Eagle coin. We’ll make stops at every step of production from sourcing the purest silver to the rigorous quality control measures that define this remarkable coin. Whether you are a collector, an investor, or simply enjoy the beauty of silver bullion coins, join us as we traverse the captivating path from mine to mint. Get ready to unlock the secrets behind this treasured piece of American heritage.

Interested in buying one of the brand new 2023 Silver Eagle coins? We have them available for purchase at Manhattan Gold & Silver for just $5 over the price of silver.

How It Came to Be: History of the American Silver Eagle Coin

The Liberty Coin Act was approved by the 99th US Congress in July of 1985. This came to fruition when the United States Mint began releasing Silver Eagle Coins in November 1986. The very first American Silver Eagle coin was struck on October 29, 1986 in San Francisco.

To truly appreciate the beauty and craftsmanship of the American Silver Eagle coin, we must delve into its main ingredient: the purest silver.

At the heart of the sourcing process lies a commitment to ensuring that only the highest quality silver is used. Meticulous attention is paid to the purity and integrity of the silver, with stringent measures in place to guarantee its authenticity. The U.S. Mint certifies the weight, quality, and purity of each 99.9% pure silver coin.

The Art of Minting: Transforming Precious Metal into a Masterpiece

The art of minting is a centuries-old craft that combines tradition, precision, and innovation to turn a mere disc of metal into a treasured keepsake. From the moment the silver arrives at the mint, it is handled with care and reverence.

First, the silver is carefully melted in a furnace, its temperature carefully controlled to ensure a uniform and precise consistency. Once molten, the liquid silver is poured into casts that give birth to blank planchets, the raw canvases awaiting their transformation. These blanks are then subjected to a meticulous pressing process, whereby they are transformed into perfectly round and smooth discs, ready to become American Silver Eagle coins.

A Design Loved by Coin Collectors and the Public

The front of Silver Eagle Coins features the “Walking Liberty” design which was originally used for the US Half Dollar Coin from 1916 to 1947. The popularity of this design made it a clear choice and so it was revived. The front of each silver coin has the year of issuance, as well as “LIBERTY” and “IN GOD WE TRUST.”

In 2021 to celebrate the 35th anniversary of the coin program, the back of the coin was updated with a new design which shows a bald eagle landing on a branch and features the phrases “UNITED STATES OF AMERICA,” “ONE DOLLAR,” “1 OZ FINE SILVER,” as well as “E PLURIBUS UNUM,” in smaller font. This design created by Emily Damstra and engraved by Michael Gaudioso is known as the Type 2 American Eagle Silver Coin design.

“My inspiration for this design grew from a desire to show our national bird,” Damstra said, “With all of the values it embodies—in a unique way that could also convey traits such as diligence, cooperation, care, and protection. For that reason, nest-building came to mind. I also liked the idea of including an oak branch in my design, since the oak is America’s national tree and a symbol of strength.”

The Type 1 American Silver Eagle design was produced from 1986-2021. The back of that coin features a design by John Mercanti, the 12th Chief Engraver of the US Mint. This design is reminiscent of the Great Seal of the United States. The eagle is behind a shield and holds an olive branch in its right talon while the left talon is grasping arrows. Above the eagle are thirteen stars to represent each of the original thirteen colonies. This design is inscribed with the following phrases “UNITED STATES OF AMERICA,” “1 OZ. FINE SILVER~ONE DOLLAR,” and “E PLURIBUS UNUM.”

Which Mint is the Silver Eagle Coin Produced At?

In a previous article, we went on a global tour of mints around the world. The American Silver Eagle coin has been produced at multiple locations of the US Mint. From 1986 to 2000 this bullion coin was produced at the San Francisco Mint. In 1999 and 2000, production shifted to the Philadelphia Mint and the West Point Mint. By 2018, production of the bullion Silver Eagle coins had moved solely to the West Point Mint.

However, in March 2020 the West Point mint was shut down due to an employee testing positive for COVID-19. Concerned about coin production following multiple closings, the US Mint had 240,000 Silver Eagle coins struck at the Philadelphia Mint. These uncirculated American Silver Eagle coins are identical to the ones produced at West Point but are known as Emergency Issues by coin collectors.

How to Add the American Silver Eagle Coin to Your Collection

Join the ranks of those who appreciate the artistry, value, and symbolism of the American Silver Eagle coin. Start your collection today with one of the 2023 Silver Eagle coins by contacting Manhattan Gold & Silver and let the elegance and history of these coins become a part of your own story.

The post The History of the American Silver Eagle Coin appeared first on Manhattan Gold & Silver.

Do you ever stop to think about where the coins in your wallet come from? Welcome to the world of coin production, where intricate designs are transformed into tangible currency that we use every day. In this article, we’ll go on a global tour of major mints showcasing the craftsmanship and dedication behind currency.

What is a Mint? The Basics

A mint is a facility that produces coins to be used as currency or as collector’s items. Coins that are used for currency are legally referred to as legal tender, but mints may also produce bullion, medals, and collectible coins.

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Today, there are 83 running mints around the world to create coins, medals, different types of bullion, and commemorative items.

Currently, the United States Mint is the largest coin manufacturer in the world with operations spanning across six sites and up to 28 billion coins produced each year.

Philadelphia Mint

The largest mint in the world is the Philadelphia Mint. Established in 1792, this was the first national mint in the United States and is still active today covering 650,000 square feet. The Philadelphia Mint produces a variety of coins including those used for circulation, commemoratives, and even medals. This branch of the United States Mint can produce 32 million coins per day.

The Mint’s original purpose was to create silver and gold coins for legal tender and today it continues to produce billions of coins as well as paper money.

Denver Mint

Established in 1863, the Denver Mint has played a crucial role in the country’s monetary system, ensuring the steady circulation of currency.

Behind closed doors, the Denver Mint houses state-of-the-art machinery and a team of skilled artisans who work meticulously to craft each coin. The mint’s dedication to quality control ensures that every coin leaving its premises adheres to the highest standards.

One of the unique aspects of the Denver Mint is its ability to produce coins for multiple countries. Apart from minting coins for circulation in the United States, this facility also manufactures coins for other nations. This versatility speaks volumes about the mint’s expertise and reputation in the global coin production industry.

The Royal Canadian Mint

As we continue this virtual trip of coin production, we arrive in the heart of Ottawa, Canada at the Royal Canadian Mint. Renowned for its exceptional craftsmanship and dedication to innovation, this mint stands as a testament to the country’s rich heritage.

The Royal Canadian Mint holds a distinct place in the landscape of coin production, with a history that dates to its establishment in 1908. Over the years, the mint has adapted to the needs of the industry and pushed the boundaries of what is possible in coin design and production.

The Mint has two locations with all of Canada’s circulation coins produced at the Winnipeg location. Meanwhile, the Ottawa headquarters produces circulation coins for other nations, precious metal collector coins, medallions, and tokens.

The Perth Mint in Australia

The next destination on our global tour of major mints takes us to the shores of Australia, where the Perth Mint proudly stands. Established in 1899, the Perth Mint has played a significant role in shaping Australia’s economic history.

Initially founded as a branch of Britain’s Royal Mint, it was primarily responsible for refining gold extracted from Western Australia’s rich deposits during the gold rush. Today Australia produces all currency coins between two locations: the Perth Mint and the Royal Australian Mint in Canberra.

In 2011, the Perth Mint produced the world’s largest gold coin ahead of a visit from Queen Elizabeth II. The 2,231 pound gold coin is made of 99.99% pure gold and features a red kangaroo on the back of the coin. At the time of minting, the coin was valued at $53.5 million.

The Austrian Mint

As we bid farewell to the mesmerizing sights and rich history of the Perth Mint, our journey continues to Austria. Situated in the heart of Vienna, the Austrian Mint holds its own unique place in the world of coin production, boasting a history that spans over eight centuries.

Established in 1194, the Austrian Mint is one of the oldest mints in the world. While Austria has housed multiple mints in the past, the Austrian Mint (Münze Österreich) became the sole mint when the Republic of Austria formed in 1919.

One of the hallmarks of the Austrian Mint is its dedication to preserving the rich cultural heritage of Austria. Through its commemorative coins, like the Vienna Philharmonic coin and the Maria Teresa thaler, the mint pays tribute to the country’s vibrant history, iconic figures, and stunning landmarks. These coins serve as cherished mementos for collectors and enthusiasts alike.

The Royal Mint

The Royal Mint, maker of British Coins, holds a rich history that dates back over a thousand years. Nestled in Llantrisant, Wales, this institution is the oldest company in the United Kingdom. From the classic pound sterling to the commemorative designs that celebrate significant moments in British history, the Royal Mint’s creations are treasured by collectors and citizens alike.

In 2018, the Royal Mint began evolving its production to align with decreases in the use of cash. Since then the mint has expanded with precious metals investment, luxury collectibles, and historic coins.

In 2022, the Royal Mint took a remarkable step by building a new plant in South Wales to recover precious metals from discarded electronics. This sustainably sourced gold is being used for a jewelry collection, aptly named 886 by The Royal Mint.

South African Mint

Just as the Royal Mint captures the essence of British history in its coins, the South African Mint unveils the story of a nation through meticulously crafted pieces. The South African Mint, located in Centurion, Gauteng, was established in 1890 following the Witwatersrand Gold Rush.

Like others, the South African Mint understands the significance of quality materials in creating coins that are both beautiful and hold value. The mint utilizes a range of precious metals including aluminum, copper, brass, platinum, silver, gold, stainless steel, and electroplated steel to produce circulation and commemorative coins.

Beyond the careful selection of materials, the South African Mint prides itself on its craftsmanship and attention to detail. Each coin is designed to reflect the diverse culture, history, and wildlife of South Africa. From the iconic Krugerrand bullion series to commemorative coins depicting Nelson Mandela and other significant figures, the South African Mint showcases the nation’s identity through its coinage.

La Casa de Moneda de México, The Mexican Mint

Moving on to our final destination on this global tour, let’s explore La Casa de Moneda de México, The Mexican Mint, and delve into the fascinating history and artistry behind its coin production.

Located in Mexico City, La Casa de Moneda de México was established in 1535 and is the oldest mint in the Americas. For over four centuries, this institution has played an integral role in shaping not only Mexico’s monetary system, but the inspiration for several other countries modern money.

The Mexican Mint moved all coin production to San Luis Putsoi in 1983 but the remain in Mexico City as part of Museo Nacional de las Culturas.

The mint houses an extensive collection of ancient coins, artifacts, and historical documents that offer a glimpse into Mexico’s past and its monetary evolution. Visitors can immerse themselves in the intricacies of coin production, gaining a deeper appreciation for the craftsmanship and artistry behind these small but powerful symbols of value.

In our journey through the hidden world of coin production, we have traversed the globe, exploring major mints from Denver to Canada, Australia to Austria, and beyond. Interested in learning more about precious metals and mints around the world? Be sure to like our Facebook page to stay up to date with the latest from Manhattan Gold & Silver.

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