Gold Bullion, the chemical symbol AU in itself is symbolic of richness. Gold has been equated with gods and immortality in the early civilizations around the world. This yellow metal has enchanted females who desired it and troubled the bounty hunters who sought it.
Gold Bullion has been mentioned in history starting from Genesis and has maintained its importance till the present time. The book of Revelation also mentions gold in its narration of New Jerusalem streets been made of pure gold.
Africa has always been know for its rich natural resources and Egypt for its abundance in gold bullion from the times of pharos. Egyptians have been known to be largest producers and consumers of gold in the early times. It was during the time of ancient Egypt that we knew of the very first treasure map in existence.
In those ancient days most of the prisoners of war and criminals were sent to work in gold mines. The European exploration of the Central America was partly because of the profuse amount of gold the Native Americans displayed. The Incas have been known to refer to gold as ?tears of sun?.
Although it was the Romans who were the first to develop the art of extracting large quantites of gold using hydraulic mining. In early times gold miners used sheep and waterpower to harvest gold bullion. Water was used to flush the gold containing sand on to the hide of sheep. The gold flakes would entangle with the fleece of the sheep. The sheep would then be hung to dry and later beaten gently so that gold could fall and be collected. This technique was used till recent times even during the California gold rush in 1849.
GoldBullion has been symbolic of power and beauty. In ancients times gold was used to make shrines, idols, plates, cups and jewelry. It was also a standard for monetary exchange with coins been made of gold. Even today some of the gold coins or gold bullion as it is popularly called is made of gold. Gold is measured in carats (k) with the purest gold being 24k. The Canadian gold maple leaf is known to be the purest of the bullion coin at 99.99% pure, as compared to the American Gold Eagle or the British gold sovereign which are 22k alloy according to the historic tradition.
Scientifically gold Bullion is a stable chemical element with a symbol Au, which is derived from its Latin name aurum. It is usually found as nuggets or grain in streams all over the world. It is an easy metal to work with because of its malleability and ductility and its ability to resist tarnishing. Modern day research has shown that microbes play a important role in forming gold deposits, and precipitating them to form grains or nuggets.
Gold has become a part of human culture even before it was used as used as money. It still continues to dominate the attention and importance even though certain forms of platinum are more expensive to it. The golden luster never seems to fade in the eyes of the bullion collectors. Especially in the form of Gold Bars and gold Coins.
History Of Gold Mining
In the first half of the 15th century jewels composed of enameled gold figures, flowers, and foliage modeled in high relief were frequently mixed with clusters of pearls to create stunning ornaments.
The influence of the Spanish court set a standard for the other princely courts of Europe during the 16th Century. At this time the art of engraving on metal was perfected. As trade and communication improved, designers were able to print and distribute their ideas throughout Europe.
The most striking and influential of designs were for figurative pendants of legendary subjects. Later development of this style included a framework of abstract ornament or architectural elements.
The most famous artist-goldsmith of this period was Benvenuto Cellini. He worked in his native Italy and later for Francis I of France. Cellini is known mainly through his autobiography and sculpture. Although, he was renowned as a great goldsmith during his time, no jewelry that he worked on has survived to the present day.
In the 17th century figurative designs became less fashionable and there was a shift of interest to formal designs using faceted gems and pearls. After 1640, the uncut, or cabochon, gem is rarely found in jewelry.
During the 17th century, the Golconda diamond mines opened in India.
Dutch merchants supplied diamonds for the European market and Amsterdam became the center for the trading and cutting of gems and remains so till today.
By the middle of the 17th century a new, many-faceted "rose" style of cutting had replaced old, square "table" cut. Stones were set in close proximity and settings played a smaller part in the overall effect. Silver was frequently used with diamonds to make the setting less visible. Delicate floral designs in enamel were used to decorate the backs of finer jewels.
In the late 17th century Gilles Legare, the court jeweler to Louis XIV of France, was responsible for some of the finest designs. Louis XIV was the last European monarch to wear large numbers of jewels.
18th Century Jewelry
Fashions were lighter and more frivolous in the 18th Century. The sparkle of diamonds seemed brighter as they were cut in the new "brilliant" style that was invented in Venice between the end of the 17th and the beginning of the 18th century. Other innovations included the informal spray of flowers entirely formed of stones. This type of jewelry required the utmost skill of the jeweler.
From 1725 an abundant new source of diamonds in Brazil had a big impact on the development of jewelry. There was also a large demand for imitation, or paste, diamonds.
Paris, the fashion center of the world, was severely disrupted by the French Revolution of 1789 and diamonds became unfashionable during the period of republicanism that followed. Only simple gold jewelry inspired by classical antiquity was worn in the post-revolution period.
Neoclassical designs were well suited to Napoleon I. His wife, Josephine, loved antique cameos and they were made into magnificent "parures." (Matching sets of jewels consisting of necklace, earrings, and brooches or clasps of various sizes.) Diamonds soon came back into favor in the Napoleonic court and there was a renewed interest in colored stones.
The fashion was for light filigree, or mechanically stamped-out gold jewelry, set with pale-colored semiprecious stones that produced a rich effect at a low cost. This style originated in Britain, where Queen Victoria set the mood for society.
Victorian jewelry, such as lockets and brooches incorporating miniature portraits or locks of hair, was sentimental in feeling and low in intrinsic value. Collection of keepsakes led to an odd fashion of wearing jewelry made of woven human hair.
19th and 20th Century Jewelry
In the nineteenth-century jewelry design was dominated by historical revivals.
The Gothic revival inspired outstanding jewelry and Parisian jewelers again rose to great heights of achievement. In late 1860s diamond settings reached a peak of technical virtuosity with the monture illusion, an elaborate gem-encrusted framework associated with the jeweler Oscar Massin.
During same period, archaeologically correct jewelry originated in Italy, following discoveries of Greek, Roman, and Etruscan gold jewelry.
In 1869 South African diamonds were first brought to Europe and they also helped to supply an enormous market for jewelry among the newly rich in the United States and South America. Large and valuable stones often set in solitaire or as necklaces of single stones, called rivieres, became fashionable. Mechanical technical excellence prevailed and jewelry making became industrialized.
Later prosperity in this century encouraged the growth of large commercial establishments. The most famous of these were Peter Carl Faberge in Saint Petersburg, Russia; and Charles Lewis Tiffany in New York.
During the last half of the 19th century the movement devoted to reforming the applied arts began to affect jewelry as well. This development sprung out of the British Arts and Craft movement. The most progressive jeweler of this epoch was the Frenchman Rene Lalique. His work returned jewelry to the true goldsmith's tradition and his designs done in the Art Nouveau style compared in brilliance to the works of the Renaissance.
In the 20th century the profession of artist-jeweler becomes established in Scandinavia, where Georg Jensen set a high standard of artistry and craftsmanship with simple, mass-produced jewelry.
Jewelry from the prestigious international houses such as Cartier, Chaumet, Boucheron, Van Cleef and Arpels, and Tiffany continued the conservative tradition of formal gem-set jewelry.
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