Gold Coins

First and foremost, what makes a precious metal is its rarity.  Rarer than silver or copper, two other metals mined since antiquity, its value was proportionately larger. Second, gold has fantastic properties. It does not tarnish, it’s very easy to work, can be drawn into wire, hammered into thin sheets, it alloys with many other metals, can be melted and cast into highly detailed shapes, has a wonderful color and a brilliant luster. All of these properties could be harnessed since ancient times, like today, just by heating gold nuggets at high temperatures and using simple tools like hammers or molds.
In short, gold is very memorable, so it shouldn’t come as a surprise that its main use is in jewelry.
Since time immemorial the noble metal’s resplendent luster allows it to be designed into the world’s most coveted and exquisite jewelry — fit for queens or kings. Today, most of the gold that is newly mined or recycled is used in the manufacture of jewelry. About 78% of the gold that’s available, as opposed to stored, each year is used for this purpose.