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SILVER

Silver is a chemical element with the symbol Ag (from the traditional abbreviation for the Latin argentum). A soft white lustrous transition metal, it has the highest electrical and thermal conductivity of any metal and occurs in minerals and in free form. This metal is used in coins, jewelry, tableware, photography, and in mirrors.

The metal is chosen for its beauty in the manufacture of jewelry and silverware, which are traditionally made from the silver alloy known as Sterling silver, which is 92.5% silver and usually alloyed with copper. The name of United Kingdom monetary unit 'Pound' originally had the value of one troy pound of sterling silver.

History

Silver (from Anglo-Saxon seolfor, compare Old High German silabar; Ag is from the Latin argentum) has been known since ancient times. It is mentioned in the book of Genesis, and slag heaps found in Asia Minor and on the islands of the Aegean Sea indicate that silver was being separated from lead as early as the 4th millennium BC. Silver has been used for thousands of years for ornaments and utensils, for trade, and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold. In Ancient Egypt and Medieval Europe, it was often more valuable than gold.

Associated with the moon, as well as with the sea and various lunar goddesses, the metal was referred to by alchemists by the name luna. One of the alchemical symbols for silver is a crescent moon with the open part on the left (see picture, right). The metal mercury was thought of as a kind of silver, though the two elements are chemically unrelated; its Latin and English names, hydrargyrum ("watery silver") and quicksilver, respectively, reflect this history.

In heraldry, the argent, in addition to being shown as silver (this has been shown at times with real silver in official representations), can also been shown as white. Occasionally, the word "silver" is used rather than argent; sometimes this is done across-the-board, sometimes to avoid repetition of the word "argent" in blazon. Europeans found a huge amount of silver in the New World in Zacatecas and Potosí, which triggered a period of inflation in Europe. The conquistador Pizarro was said to have resorted to having his horses shod with silver horseshoes due to the metal's abundance, in contrast to the relative lack of iron in Peru. Silver, which was extremely valuable in China, became a global commodity, contributing to the rise of the Spanish Empire. The rise and fall of its value affected the world market.

The Rio de la Plata was named after silver (in Spanish, plata), and in turn lent the meaning of its name to Argentina.

Silver mining was a driving force in the settlement of western North America, with major booms for silver and associated minerals (lead, mostly) in the galena ore silver is most commonly found in. Notable "silver rushes" were in Colorado, Nevada, Cobalt, Ontario , California and the Kootenay region of British Columbia, notably in the Boundary and "Silvery Slocan". The largest silver ore deposits in the United States were discovered at the Comstock Lode in Virginia City, Nevada, in 1859.