The History of Silver and Silver gifts

The history of Silver and Silver gifts. Silver was first mined in Turkey in around 3000 BC and a mere 1800 years later the centre of silver production moved to Greece’s Laurium mines. They were 60 km SE of Athens and these silver mines fed the growing empires of the mediterranean.

It was the Spanish mines in 100AD that supplied the Roman Empire and  Silver became the currency along the Asian spice routes. When the Moors invaded Spain, silver mining expanded into Central Europe including Germany where silver mining took place between 750 -1000 AD.  Angela Merkel would be proud.

The biggest single event in Silver’s history was the discovery of the New World in 1492. When the Spaniards conquered the Inca’s and other civilisations in South America, mining of Silver in Peru, Bolivia & Mexico exploded . Between 1500 and 1800 these three countries produced 85% of the worlds silver and trade.

The USA got into the act when they struck the Comstock Silver lode in the State of Nevada.  By the end of the 1870’s the worlds production reached 120m troy ozs ….thats a lot of silver.

So the world loved silver and discoveries in Canada, Africa, Japan, Europe, Australia & Central America drove the annual global production to 190 million troy ounces by the late 1920’s.

1 troy ounce = 31.10 grams

troy ounce

In the last century new technology and mining techniques that separated silver from ,oil , gold and other ore mining produced 671m troy ounces to satisfy the Worlds continued demand for Silver.

To put this into perspective that’s 20,870,433 kilograms of Silver. At a cost £741 per kilogram the world is producing £15,464,990,853 or $23 trillion of Silver each year.

You can be assured that The London Silver Company will always around to turn this production in beautiful handmade sterling silver gifts for him or presents for her.

Heres a link to a really nice video piece about the history of silver made courtesy of www.silverinsitute.org

www.thelondonsilvercompany.com are the UK’s largest online retailer of sterling silver gifts, featuring over 700 gifts for him and presents for her.

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This plain Silver Cross is just £27. Buy it now

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