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In 2012, the Perth Mint produced a 1-tonne coin of 99.99% pure gold with a face value of $1 million AUD, making it the largest minted coin in the world with a gold value of around $50 million AUD. [2] China has produced coins in very limited quantities (less than 20 pieces minted) that exceed 8 kilograms (260 ozt) of gold.
The platinum is used to replace at least some of the copper present in a typical sterling silver alloy, which provides a greater light reflectivity (by refining the grain structure) and resistance to tarnish (thought to be caused by oxidation of copper) than standard sterling silver. Platinum Sterling is a cheaper alternative to white gold.
Alloying this impure platinum residue called "plyoxen" [citation needed] with gold was the only solution at the time to obtain a pliable compound, but nowadays, very pure platinum is available and extremely long wires can be drawn from pure platinum, very easily, due to its crystalline structure, which is similar to that of many soft metals.
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The platinum-group metals [a] (PGMs) are six noble, precious metallic elements clustered together in the periodic table. These elements are all transition metals in the d-block (groups 8, 9, and 10, periods 5 and 6). [1] The six platinum-group metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum.
Platinum and gold are two precious metals and … Continue reading → The post Platinum vs. Gold Investment: Which Is Better? appeared first on SmartAsset Blog.
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