We know very little about this precious metal. This information is a summary of what is all about and why it is so valuable. It will help you to understand the benefits as a metal and in the financial market.
It is highly reflective, which are the many reasons why is added to sterling silver and electroplated silver jewelry. However, mixed with sterling silver, the piece or pieces still be sterling silver. Further, that layer of rhodium will extend the durability and will avoid corrosion from the environment to the jewelry piece. Therefore, the strength of the sterling silver or silver piece will be for years to come. Not only give durability, but it will enhance the brightness of any silver or sterling silver piece.
Rhodium Interest Facts
80% of the world’s supply comes from South Africa.
The primary use of this element is in automobiles as a catalytic converter.
The price by weight of is about six times more than gold.
Solid (pure) rhodium jewelry is very rare, more because of the difficulty of fabrication.
The high cost of the metal ensures that is applied only as an electroplated material in jewelry or items.
Is used as filters in mammography systems for the characteristic X-rays it produces.
People can be exposed to rhodium in the workplace by inhalation which could be very dangerous, but in its elemental form, the metal is harmless. Means, if used in jewelry or items, is not toxic
It makes your jewelry hypoallergenic and nickel-free.
Baird Mint One Ounce Rhodium Bar– they are an excellent way to diversify your precious metals investment portfolio. Each one-ounce bar contains precisely one ounce of .9999. With such a limited supply, it doesn’t come cheap. It is the most expensive of all precious metals, currently trading at $3,150.00 an ounce. https://www.goldeneaglecoin.com/item/baird-mint-one-ounce-rhodium-bar.
It said that is one of the rarest and most valuable precious metals.