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The History of Silver, Part 1

Silver is a precious metal that has been usedexploitation of Spanish silver. After the
by humans since the dawn of civilization. InPunic Wars, the Romans replaced the
this first part of a two part series we willCarthaginians as the exploiters of Spanish
look  at  the  early  history  of  silver.silver and extended their silver mining to
other  areas  of  continental  Europe.
Old  World  Silver  (4000  BC  -  1500  AD)
Spanish mines were a critically important
The area of Anatolia (modern Turkey) issource of silver for nearly 1,000 years,
considered the first major source of minedthough their exploitation was halted
silver. It provided the resource totemporarily by the Moorish conquest of Spain
craftsman throughout Asia Minor. Silverin  the  8th  century  A.D.
from the Anatolian region largely served as
the silver source for the Western culturesSpanish mines not only provided a substantial
flourishing in the Near East, Crete, andportion of domestic needs of the Roman Empire
Greece.until 476 A.D. They also served as a critical
source of silver for the Asian spice trade.
Silver craftsmanship was centered largely inTo meet the burgeoning trading requirements,
Asia Minor and Greek Islands, along withGreece, Asia Minor, and Italy supplemented
areas of mainland Greece dominated by thethe  Spanish  production.
Mycenaean  culture.
The Moorish invasion of Spain necessitated
Asia Minor provided most of the supply forthat the exploitation of silver move to a
the  flourishing  silver  market.broader spectrum of countries, principally in
Central Europe. Several major silver mine
A concentrated effort to mine silver begandiscoveries were made between 750 and 1200
sometime  after  3000  B.C.A.D., including the classic Schemnitz,
Rammelsburg, Goslar, and Saxony regions in
The first sophisticated processing of silverGermany. Discoveries of silver were also made
ore was attributed to the Chaldeans in aboutin Austria-Hungary and elsewhere in Eastern
2500Europe.
B.C., who used a "cupellation" process toAlthough mine production in Spain dominated
extract  silver  from  lead-silver  ores.the first 1,000 years A.D., it was balanced
by the decline in production at Laurium and
The need for traditional silver resulted inAsia Minor. The real expansion in production
the location and exploitation of silveroccurred in the 500-year period from
deposits in what is now Armenia.
After1000-1500 A.D., when the number of mining
the catastrophic destruction of the Minoanlocations and, to a lesser extent, the
(Cretan) civilization in 1600 B.C. and theimprovements in mining and processing
decline of the Mycenaean culture around 1200technology  occurred.
B.C., the focus of silver production changed.
A major area of silver production was the
The mines of Laurium (near Athens) became thediscovery of the New World in 1492, after
leading production center and provided silverwhich time major silver mines in Mexico,
for the burgeoning Greek civilization. TheBolivia, and Peru were opened, leading to a
silver trade throughout Asia Minor and Northrapid rise in the annual world production of
Africa expanded significantly after the 8thsilver.
century B.C. 
 
 The Laurium
mines were highly productive; estimates fromThis rise, coupled with improved techniques
historical writings and physical evidencefor extracting silver from ore, broadened
from old mine dumps indicate silverboth the quality and quantity of ore that
production to have been about 1 million troycould be exploited. Later improvements,
ounces per year at Laurium during the heightparticularly in the late 19th and early 20th
if  production  (600  B.C.  to  300  B.C.).centuries, vastly enhanced the base of silver
production and accelerated the exploitation
For about 1,000 years ending around the 1stof silver as a byproduct of base-metal
century A.D., the Laurium mines were themining.
largest individual source of world silver
production. Outside the Laurium mines,Only about 25 percent of cumulative world
production was concentrated mainly in Asiasilver  production occurred before the 1770s.
Minor, Sardinia, other Grecian locations
and,  to  a  limited  extent,  in  Asia.In the next article we will look at New World
production of silver and its role in the
The period following the heyday of Greeksilver industry.
mining in Laurium included the Carthaginians'



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