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Uses for Silver
Silver is a highly versatile metal known for its conductivity, antimicrobial properties, and durability, primarily used in jewelry, industrial applications, and medicine. It has historical significance as a currency and continues to serve as an investment vehicle. Manhattan Gold & Silver (MGS) is a precious metals refiner that recycles silver and other precious metals, offering tools and resources for clients to track market trends and optimize their sales.
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Uses for Silver
- 1. Uses for Silver Anoverview of silver’s industrial versatility
- 2. Physical Properties ofSilver Silver is a very versatile metal with many different uses. • Silver’s plasticity is second only to gold. • Silver has the highest thermal and electrical conductivity of any metal. • Silver has powerful antimicrobial properties.
- 3. Silver’s Use inJewelry • Jewelry is perhaps the most popular use for silver. • Most silver jewelry is crafted using sterling silver, an alloy of 92.5% pure silver. • Sterling silver is remarkably durable, and has been in fashion for hundreds of years. • Other popular silver alloys in jewelry include white gold, Britannia silver, and French 1st Standard.
- 4. Industrial Silver Silver isa key component in many industrial applications. • Silver has high electrical conductivity, so it’s the metal of choice for certain wiring or electronic applications. • Silver can also be found in batteries, like in silveroxide batteries (which are commonly used in watches and hearing aids).
- 5. Industrial Silver • Silveralso has the highest surface reflectivity of any metal, so it is employed in optics applications and is a key component in solar reflectors and precision mirrors. • Silver compounds have many applications as well. For example, silver-iodide is used in cloud seeding and weather modification.
- 6. Medicinal Silver • Silveris one of the few metals that exhibit the oligodynamic effect – which makes it very antimicrobial. • Scientists theorize the oligodynamic effect is caused by metal ions irreversibly damaging important enzymes within the microbes. • Silver-lined or coated medical devices – like catheters, breathing tubes, and prostheses – have been shown to dramatically reduce the risk of infection.
- 7. Medicinal Silver • Unfortunately,silver cannot be used in the development of medication. • When silver solutions are repeatedly ingested – or even topically applied – they can be absorbed by the body’s soft tissues and cause a permanent blue/gray discoloration of the skin known as argyria.
- 8. Silver as aStore-of-Value • As a precious metal, silver is also an investment vehicle. • In ancient times, silver coins were one of the first forms of currency. • You can track silver price trends on the MGS website, or by using our precious metals prices app.
- 9. About MGS Manhattan Gold& Silver (MGS) is a precious metals refiner that has been based in Manhattan’s historic Diamond District since 1985. We are a B2B company that buys and recycles precious metal scraps that accumulate in other businesses. We serve: • • • • • • • • Jewelers Pawnbrokers Dentists The industrial sector Antique dealers Machinists Domestic mining And more! • MGS also creates charts, calculators, and other online tools for our customers to use. • Try our Precious Metals Prices app, which lets you monitor the real-time precious metals market situation from anywhere, right from your iPhone, iPad, or Android device.
- 10. Recycle your Precious Metalsfor Profit • MGS accepts gold, silver, platinum, and palladium. • Payouts are based on the London Fixing. • Up to 99% payout (among the highest in the US) • Up to 98.5% for gold brought in for hand testing. • Not in NYC? Ship us your precious metals using our Ship & Sell service which offers: • Same day wired payment (once lot is received) • Discounted, insured shipping • Payout calculator
- 11. Connect with MGS •For amazing facts, history and news, read our gold and precious metals blog. • Join the conversation about precious metals on the MGS page on Facebook. • Follow gold, silver, and other precious metal trends at the MGS Twitter account. • Circle MGS on Google+ to hear our latest updates. • If you do business with us, connect with us on the MGS LinkedIn page. • To see precious metal melting and refinement in action, visit the MGS YouTube channel.