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Fun Facts About Platinum
Here are a couple of things you probably didn’t know about Platinum:
- Platinum is the rarest and heaviest of the precious metals. All of the platinum ever mined would fit in the average size living room.
- Annually, only about 133 tons of platinum is mined, compared to about 1,782 tons of goldi.
- In contrast with gold and silver, there are no large above ground platinum bullioni stockpiles to protect against significant supply disruptions.
- Ten tons of ore and a five-month process are needed to generate one ounce of platinum bullion.
- Legendary jewelers such as Cartier, Faberge and Tiffany created their timeless designs in platinum.
- The world's famous diamonds, including the Hope, Jonker I and Koh-I-Noor, are secured by platinum.
- When World War II began, the U.S. government declared platinum a strategic metal and its use in non-military applications, including jewelry, was not allowed.
- As with all precious metals (gold, silver, etc.), platinum can be scratched. However, with platinum, there is actually no material lost from the scratch as there is with gold.
- Meteorites contain platinum and the earliest recorded meteorite impact on Earth happened 2 billion years ago.
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