Silver Art

The 20th century saw a gradual movement to fiat currency, with most of the world monetary system losing its link to precious metals after Richard Nixon took the United States dollar off the gold standard in 1971; the last currency backed by gold was the Swiss franc, which became a pure fiat currency on 1 May 2000. During this same period, silver gradually ceased to be used in circulating coins; the United States minted its last circulating silver coin in 1969.
• Jewelry and silverware
Jewelry and silverware are traditionally made from sterling silver (standard silver), an alloy of 92.5% silver with 7.5% copper. In the US, only an alloy consisting of at least 90.0% fine silver can be marketed as "silver" (thus frequently stamped 900). Sterling silver (stamped 925) is harder than pure silver, and has a lower melting point (893 °C) than either pure silver or pure copper. Britannia silver is an alternative, hallmark-quality standard containing 95.8% silver, often used to make silver tableware and wrought plate. With the addition of germanium, the patented modified alloy Argentium Sterling silver is formed, with improved properties, including resistance to firescale.
Sterling silver jewelry is often plated with a thin coat of .999 fine silver to give the item a shiny finish. This process is called "flashing". Silver jewelry can also be plated with rhodium (for a bright, shiny look) or gold.