Gold has been considered precious throughout history, but it was not used as money until around 550 BC. C. If they find gold, they could have their government make tradable currencies with it, or even consider investing in a Gold IRA. Gold was first discovered as bright yellow nuggets. Without a doubt, it was the first metal known to the first hominids.

Gold became part of all human cultures. Its brilliance, natural beauty and brilliance, and its great malleability and resistance to tarnishing made it pleasant to work and play with. Because gold is so dispersed throughout the geological world, its discovery occurred in many different groups in many different locations. .

Gold was the first metal widely known to our species. When thinking about the historical progress of technology, we consider that the development of the iron and copper industry is the greatest contribution to the economic and cultural progress of our species, but gold came first. Gold is the easiest metal to work with. It is in a practically pure and viable state, while most other metals tend to be found in mineral deposits that make it difficult to melt.

The first uses of gold were undoubtedly ornamental, and its brilliance and permanence (it does not corrode or tarnish) linked it to the deities and royalty of primitive civilizations. Gold has always been a powerful thing. We have long since lost the oldest story of human interaction with gold, but its association with the gods, with immortality and with one's own wealth are common in many cultures around the world. The first civilizations equated gold with the gods and rulers, and gold was sought in its name and dedicated it to its glorification.

Humans value gold almost intuitively, equating it with power, beauty and the cultural elite. And since gold is widely distributed around the world, we find this same thought about gold in all ancient and modern civilizations around the world. Gold, beauty and power have always gone hand in hand. In ancient times, gold became sanctuaries and idols (“the golden calf”), plates, cups, vases and vases of all kinds and, of course, into jewelry for personal adornment.

The treasure of the “Gold of Troy”, excavated in Turkey and dating from the time 2450 -2600 BC. It was a time when gold was highly valued, but it had not yet become money in and of itself. Rather, it was owned by the powerful and well-connected, or it became objects of worship or was used to decorate sacred places. The “value” of gold was accepted all over the world.

Today, as in ancient times, the intrinsic appeal of gold itself has that universal appeal to humans. But how did gold become a commodity, a unit of measurable value? Gold was money in ancient Greece. The Greeks were mining gold in the Mediterranean and the Middle East regions around 550 BC. Gold was associated with water (that's logical, since most of it was found in streams), and gold was supposed to be a particularly dense combination of water and sunlight.

The Incas referred to gold as the “tears of the sun”. In ancient Egypt, around the time of Seti I (1320 BC, C. Nowadays, in the Turin Museum there is a papyrus and fragments known as the “Carte des mines d'or”. It represents gold mines, mining neighborhoods, roads leading to mines and gold mountains, etc.

Where is that gold mine located? Well, you know the thing about treasure maps: there's always something a little vague about them that keeps you off track. Modern thinking is that it portrays the Wadi Fawakhir region, where the El Sid gold mine is located, but the matter is far from being resolved. Jason and the Argonauts searched for the Golden Fleece around 1200 BC. This Greek myth makes more sense when you realize that the fleece you're referring to is sheep's fleece used to recover fine pleasure gold.

The first miners used hydraulic energy to propel golden sand onto the skin of a sheep, which would trap small, but heavy, gold scales. When the fleece had absorbed everything it could hold, this “golden fleece” was hung to dry and, when dry, it was gently tapped so that the gold would fall off and recover. The first use of gold as money occurred around 700 BC. They were simply stamped pieces of a mixture of 63% gold and 27% silver known as “electrum”.

Nowadays, we still talk about the ultra-rich as “rich” like Croesus. At the time of the death of Alexander of Macedon (323 BC). Some of the mines were owned by the state, others were operated privately with a royalty paid to the state. In addition, nomads, such as the Scythians and the Cimmerians, worked in pleasure mines throughout the region.

Both the surviving Greek gold coins and the Scythian jewelry show magnificent art. The Roman Empire promoted the search for gold. The Romans mined gold extensively throughout their empire and greatly promoted the science of gold mining. They hydraulically diverted water streams to the mine and built gates and the first “long wells”.

A monetary standard made the world economy possible. The concept of money, (that is,. During the classic period of Greek and Roman rule in the Western world, both gold and silver flowed to India for spices and to China for silk. At the height of the Empire (A, D.

RECEIVE INTERESTING ITEMS & SPECIAL OFFERS if you wish In addition to betting on gold, silver, platinum and palladium in the form of coins and ingots, we also buy a wide range of numismatic coins. We have especially strong offers for old American gold coins. Central Avenue, 11th Floor, Phoenix, AZ 85012 Get timely prices and special offers emailed to you every day. With the new coin-based monetary system, the so-called “pounds”, shillings and “pence” were established, with pounds literally being a pound of sterling silver.

In 1284, about a hundred years later, Great Britain issued its first gold coin, the florin, while throughout Europe, in present-day Italy, the Republic of Florence issued the first golden duchy, which soon became the most popular gold coin in the world and remained so for another five centuries. The gold coin was minted by a goldsmith named Ephraim Brasher and a few years later, in 1792, the infant U. ST. The government passed the Coin Minting Act, which placed the country on a bimetallic silver and gold standard, which was maintained in one form or another until 1976, when the United States,.

It eventually abandoned the gold standard to rely entirely on fiat money. Going back a bit to 1848, a man named John Marshall found gold flakes in a California stream, starting the California Gold Rush. The California Gold Rush not only accelerated the settlement of the American West, but it was also the basis for the classic computer game that generations of Americans love so much, The Oregon Trail. A few years later, in 1868, George Harrison, a man from South Africa, discovered gold in his backyard and, since then, 40% of the gold mined in the world comes from the African nation.

That's where I meet Andrea Sella, professor of chemistry at University College London, next to an exquisite shell made of pure whipped gold. Gold has held a position of prestige and admiration since the beginning of human civilization, and the influence of metal in history is unparalleled. The discovery of large gold deposits in western North America caused numerous gold fevers in the 19th century. Gold prospecting was a global effort that dates back thousands of years, even before the first money in the form of gold coins appeared, around 700 BC.

Interestingly, many of the countries that abandoned the gold standard earlier were able to recover from the depression sooner than those that remained below the gold standard. A few centuries later, around 1200 BC, the Egyptians discovered that they could alloy gold with other metals to make it stronger and give it different colored pigments. And this occurred at a time when gold had no value as “money”, but was considered a desirable product in and of itself. In the 50 to.

C., the Romans began to issue a gold coin called Aureus, which comes from the Latin word for gold, Aurum. If you've come this far, you'll know that gold has a long history of human obsession that goes back more than 5000 years. Demand for gold can vary greatly and, with a fixed supply, this can cause equally sharp fluctuations in its price. If you put together all the earrings, all the golden rulers, the small traces of gold on each computer chip, each pre-Columbian statuette, each wedding ring and cast it, it is estimated that you would have only one cube of 20 meters left, or something like that.

Also, because it looks like silver to the naked eye, most people still prefer a gold watch to a platinum one. .