Silver Art

Applications
Many well known uses of silver involve its precious metal properties, including currency, decorative items and mirrors. The contrast between the appearance of its bright white color to other media makes it very useful to the visual arts. It has also long been used to confer high monetary value as objects (such as silver coins and investment bars) or make objects symbolic of high social or political rank.
• Currency
Silver, in the form of electrum (a gold-silver alloy), was coined to produce money around 700 BC by the Lydians. Later, silver was refined and coined in its pure form. Many nations used silver as the basic unit of monetary value. In the modern world, silver bullion has the ISO currency code XAG. The name of the pound sterling (£) reflects the fact it originally represented the value of one troy pound of sterling silver; other historical currencies, such as the French livre, have similar etymologies. During the 19th century, the bimetallism that prevailed in most countries was undermined by the discovery of large deposits of silver in the Americas; fearing a sharp decrease in the value of silver and thus the currency, most states switched to a gold standard by 1900.