Gold and Silver Exchange

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Open Mon-Fri 10am - 5pm We're closed on bank holidays

Albuquerque
New Mexico
505-884-9230

History of Precious Metals

Until precious metals became esteemed and accepted as a kind of currency around the world, people had relied on bartering to obtain goods or services, which came to be more and more problematic as different desires and needs grew. Perhaps the combination of beauty, rarity and convenience were behind the quickly spreading enthusiasm for precious metals. This triggered a good deal of exploration in the hopes of finding what was now a popular currency.

Throughout history, these precious metals have played a major role, being a widely accepted currency. And not only as money, but also for their beauty they became prized possessions which were sought after by all. The gold rush of 1849 captured the attention of countless people, and proved history to be correct, that gold and other precious metals would not lose their value.

With the rise of civilization, precious metals quickly became of significance, and today we continue to value precious metals. While government issued currency fluctuates, gold and silver and other precious metals have maintained their worth, due in part to their rarity and beauty - which is why we call them precious metals!

Today, there is an ever increasing demand for a stable mode of storing money, and investing in a historically proven record of value. With uncertainty increasing, precious metals are a very attractive way to insure your money's value is secured.

Mogollon Mine 1940