Platinum is a versatile precious metal that can be used for a variety of different types of jewellery. Particularly popular in wedding rings, platinum is also perfect for bracelets, necklaces, earrings and rings.
Platinum is so resistant to tarnishing that it is used in jewellery and watch making as well as for industrial purposes. Depending on the economy, platinum can be valued higher than gold. Platinum is traded as a bullion commodity with a code of XPT.
Platinum was first mentioned in Europe in 1557 and takes its name from the Spanish term 'platina del pinto', which means little silver of the pinto river. A dense, malleable, ductile, precious metal with a grey white finish, it was originally called white gold by Henrik Scheffer, who in 1752 became the first person to present a detailed report on this precious metal.
Platinum is so rare that in the 18th century King Louis of France declared it "a metal fit only for kings". The rarity of platinum has also led advertisers to use it as a symbol of prestige and quality. Platinum credit cards and platinum records, for instance, are both of greater value and credibility than gold records and credit cards.
Platinum occurs naturally in alluvial sands of various rivers, hence the name. There is however very little evidence of platinum being used or employed by any ancient people. However pre Columbian Americans in Ecuador produced artefacts in platinum white gold.
As with all precious metals, platinum jewellery will carry a hallmark declaring its quality and authenticity.
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