Everything Everywhere Daily: History, Science, Geography & More - Hi Ho Silver!
Episode Date: December 8, 2022For thousands of years, one of the most valuable elements which humanity has treasured is silver. Not only has silver been valued for its use in coins in jewelry, but it also has several unique prop...erties which no other metal has. Today silver is still as treasured as it was thousands of years ago, but it is being used in ways that the ancients could never have imagined. Learn more about silver, its history, and its uses on this episode of Everything Everywhere Daily. Subscribe to the podcast! https://link.chtbl.com/EverythingEverywhere?sid=ShowNotes -------------------------------- Executive Producer: Darcy Adams Associate Producers: Peter Bennett & Thor Thomsen Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Update your podcast app at newpodcastapps.com Discord Server: https://discord.gg/UkRUJFh Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Page: https://www.facebook.com/EverythingEverywhere Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/everything-everywhere-daily-podcast/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
For thousands of years, one of the most valuable elements on the periodic table has been
silver. Silver has been valued for its use in coins and jewelry and has several unique properties
that no other metal has. Today, silver is still as treasured as it was thousands of years ago,
but it is being used in ways that the ancients never could have imagined. Learn more about
silver, its history, and its uses on this episode of Everything Everywhere Daily.
What if your perceptions about the past were wrong? Throughline is a podcast,
that takes you back in time to uncover the parts of the story that may have gone unnoticed.
It effectively turned day into night.
And how it shaped the world now.
Time travel with us every week on the Thulein podcast from NPR.
To start our discussion of this precious metal, we should probably start with the physical properties of silver.
Silver has an atomic number of 47, which means that it has 47 protons in its nucleus.
It sits immediately below common.
on the periodic table and immediately above gold, and it shares physical properties with both of these elements.
What makes a silver atom special, and it's a property shared with copper and gold, is that its highest electron shell has only one electron in it.
This is a big reason why silver is so special, the reasons for which I'll get into in a bit.
The chemical abbreviation for silver is AG, which comes from the Latin name for silver, Argentum.
Silver has two naturally occurring isotopes, silver 107 and silver 109.
What's odd is that they're almost equal in abundance, which is something you almost never see for elements.
Usually if there's more than one natural isotope of an element, there is one that's overwhelmingly
abundant and others being very scarce.
Silver light gold is not very reactive, although not so much as gold.
If you have silver items in your house and they tarnish over time, it's actually the non-silver
metal in the alloy, usually copper, which is responsible for the tarnishing, not the silver per se.
But that being said, silver can react with sulfur that's in the air, and that can tarnish silver
directly. The history of humans using silver goes back thousands of years. Silver was actually one of the
seven metals which were identified and used by the ancients, the others being copper, gold, iron,
tin, lead, and mercury. One of the reasons silver was known to the ancients is that it can be found in
its elemental form. Other metals like aluminum are usually found as oxides or in some other chemical
compound, making them difficult to extract. Unlike gold, which never reacts with anything, silver can be
found in some chemical compounds and alloys, in addition to being found in its elemental form.
For some very early people, silver was actually rarer than gold for this reason. It wasn't until
the 15th century BC that gold became more valuable than silver in ancient Egypt. This was the result
of metallurgy techniques such as copulation, which could separate the so-called noble metals of
silver and gold from ores under high heat. There's evidence of silver mining around the Mediterranean
going back 5 to 6,000 years, which we know from the slag heaps which have been found. While silver
was found as early as copper, silver was seldom used for tools like copper was because silver
is simply too soft of a metal to be of any use. A silver sword or hammer may look really cool,
but it wouldn't be very practical. This led to silver being primarily used for ornamental purpose,
and for coins. Silver is odd in that someone who lived 2,000 years ago probably had more day-to-day
interaction with silver than you do today. This was mainly due to the fact that silver was the
primary metal for coins. While there were gold coins, they were too rare and valuable to be used
on a regular basis. Common coins such as the Roman denarius and Cistercius were silver coins that
were the primary currency in the empire. Because it was primarily used for money, the mining of silver
became very lucrative and in high demand. Silver could be used to pay soldiers, grain, or whatever.
The most productive silver mines in the Mediterranean during the Roman period were probably in Spain.
Roman silver production was done almost wholly with slave labor, and it was truly one of the worst jobs in the
world. Slaves who worked in the mines had a very short life expectancy. There was an estimated 10,000 tons
of silver circulating during the heyday of the Roman Empire in the form of coins. After the fall of the Western Empire,
silver production basically came to a halt. Medieval Europeans and Muslims under the Abbasid Caliphate
around the year 800 were believed to have five to ten times less silver in circulation than they did in Rome.
Ancient China certainly had silver. However, it was never as central to the economy there as it was
in Europe or the Middle East, simply because there wasn't as much of it. And this was just one of the many reasons
why China adopted paper money before the rest of the world did. Silver production shifted from Spain to
Central Europe in the Middle Ages, particularly in places in Germany, Czechia, Slovakia, Poland, and Hungary.
However, there was never anything like the level of production which occurred under Rome.
The discovery of the new world really changed the global silver market.
In particular, the Spanish had an enormous appetite for silver.
The mining of silver was basically the backbone of the Spanish economic system during this period.
The amount of silver in the world exploded, with most of it coming from mines in Peru.
Spanish silver drove the first real period of economic globalization. In addition to sending ships
back to Europe with silver, they also had a regular galleon trade between Acapulco and the Philippines.
The Chinese at this time had no real desire to trade with Europeans for any of their goods,
but the one exception was silver. A shockingly large amount of silver produced in the new world
eventually ended up in China. Much of this was due to the demand for silver from Chinese merchants
and common folk who had come to not trust the paper money issued by the government.
The production of silver eventually hurt the Spanish economy.
More silver meant more money in circulation, which naturally led to inflation.
Higher prices meant that they had to mine more silver to get the same thing they did before.
In the late 18th century, silver was still the dominant metal used for money.
If you remember back to my episode about the origin of the dollar, it was initially a unit of silver.
And when the United States became independent, it defined the dollar in 1792 as
371 and 416th grain of fine silver.
In the 19th century, silver was still used in coins, even though the world was moving more and more towards a gold standard.
The primary location of silver mining also moved from South America to North America.
The Comstock load in Nevada was announced to the public in 1859, and in the first five years that the mine was running, they had six bonanzas.
And a bonanza is a term for a particularly rich silver vein.
North American silver mining also led to developments in mining technology.
One of the changes in the late 19th century was the development of techniques to extract silver
in the refining process of other ores, in particular copper, zinc, and lead.
In fact, today that is how the majority of the world's silver is produced.
It doesn't come from dedicated silver mines.
It's a byproduct of mining something else.
Demand for silver and coinage dropped dramatically in the 20th century.
However, it also saw increased demand for industrial use.
use. One of the most interesting developments in the silver commodity trade occurred in the late
70s and early 80s when the billionaire brothers Herbert Lamar and Nelson Hunt tried to corner
the market in silver. At one point, they owned half the world's deliverable stock of silver,
and the price rose from $6.8 per Troy ounce to $49.45 per ounce. Changes to U.S. commodity
trading policies in January of 1980 led to a silver price crash on March 27, 1980, which became
known as Silver Thursday. The hunts lost an estimated 80% of their net worth in the aftermath of
the crash. Outside its use as money, the biggest historical use of silver has been in jewelry
and ornamentation. Silver used in housewares, such as serving platters, silverware, and bowls
are usually made from sterling silver. Pure silver, known as fine silver, is too soft to be of any
real purpose beyond bullion. To make it stronger, an alloy is created, usually with copper of 92.5%
silver to make what's known as sterling silver. Beyond the rarity of silver, there are several
properties of silver that make it unique among all metals. For starters, silver is the best
electrical conductor of any metal, better than copper, aluminum, or gold. You can find at least
some silver in most electronics that are sold today. Circuit boards usually use a silver-based
paint. It usually isn't used for larger things like electrical wiring, however, simply due to cost.
Silver also has the highest thermal conductivity of any metal.
There are pace made from silver that are used on heat sinks for computers,
and there are even some very high-end heat sinks made entirely out of silver,
although they are only marginally better than copper at a significantly higher price.
Silver also has the highest optical reflectivity of any metal.
Centuries ago, you could afford a mirror if you were wealthy enough,
and you needed to be wealthy because it would be made out of silver.
One important industrial use of silver, which isn't as big of a deal anymore, was in photography.
Silver nitrate and silver halides were probably the biggest industrial use of silver prior to the advent of digital photography.
Another interesting property of silver is that it's antimicrobial.
There are many metals that are anti-microbial to one degree or another via a process called the oligodynamic effect.
The oligodynamic effect involves a reaction between the metal and proteins which can kill microbes.
Silver is the most antimicrobial metal, and this property has been known for centuries,
even if the people didn't know what microbes were. For example, the ancient Phoenicians would often
line jars with silver to store water or wine. People used to put a silver dollar in milk to
prevent it from spoiling. Ships will often have their water storage tanks lined with silver
to keep their water safe to drink. Even a small amount of silver is enough to kill bacteria.
There are many medical products that contain silver for this reason, including wound dressings,
creams and tubes. You might have also seen some high in clothing products which embed small amounts of
silver into the fabric for antimicrobial purposes. You can find t-shirts, underwear, and bedsheets,
all with silver, all designed to kill the microbes that make you stink. For the most part,
silver is not toxic. If you swallowed something made of silver, it probably wouldn't do you any harm.
Please note, I am not a doctor. However, silver can accumulate in your body if you were to ingest
enough of it. There are rare cases of a condition known as Argeria. People with Argeria have skin that
turns bluish-gray, and it can literally make you look like a smurf. And if you don't believe me,
just do a quick search on blue-skin silver. The number of cases of Argeria is pretty small,
and it mostly comes from people who have consumed colloidal silver, which is an unproven medical
treatment. Argeria comes from silver collecting in the skin and eyes, and it is irreversible.
There is no cure for it, although it's not fatal.
So silver is actually a pretty cool metal.
It's more than something you use for fancy dining or medals given to runners up at the Olympics.
Its unique electrical, thermal, optical, and medical properties means that of all the elements on the periodic table, maybe silver should be given the gold medal.
Everything Everywhere Daily is an airwave media podcast.
The executive producer is Charles Daniel.
The associate producers are Thor Thompson and Peter Bennett.
I want to thank everyone, including the show's producers, who support.
the show over at Patreon. If you'd like to support the show, just head on over to patreon.com,
which is currently the only place where you can get show merchandise. Also, if you want to talk
to other listeners about show episodes, head over to our Facebook group or Discord server,
both of which have links in the show notes.
