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Saturday, September 4, 2021

9/4/21 Report - Silver Hoard Found. Platinum and Palladium Coins and Jewelry: Testing. Bigger Surf Coming.

 Written by the Treasureguide for the exclusive use of the Treasure Beaches Report.

Source: See Live Science link below.

Archaeologists in southwest Russia have unearthed a trove of medieval silver at a site where treasure was often hidden from an invading Mongol army in the 13th century — but oddly it seems to have been buried there at least 100 years before the Mongols swept through.

The trove of silver pendants, bracelets, rings, and ingots was found during excavations earlier this year near the site of Old Ryazan, the fortified capital of a Rus principate that was besieged and sacked by Mongols in 1237...

Here is the link.

Medieval Russians hid silver hoard before Mongol invasion | Live Science

Besides silver and gold coins, the United States Mint is selling palladium coins.  Below is an example from the mint web site.

$3,350 is a lot of money for a one ounce coin.  Did you know that the spot price for an ounce of palladium is higher than the price for the same weight of gold or platinum?

Here are the Friday spot prices from Kitco.com.


I've been talking about testing metals some lately, and received some questions about that.

A variety of metals are used for jewelry these days besides silver, gold and platinum.  One is palladium.

Though palladium has been used in jewelry production for decades, palladium wedding bands have become particularly popular over the past fifteen years. In fact, since January 2010, palladium has been officially recognized as a precious metal.

That means that beside silver and gold, it is helpful to be able to test platinum and palladium.  Here is some information that will help.

 Platinum content markings are based on parts per thousand of pure platinum in the ring. According to the Federal Trade Commission, in the United States, "Platinum" (without additional qualifications) can only be used to mark and describe rings made with at least 950 parts pure platinum throughout. Such a ring may simply read "Platinum," "Plat" or "Pt," or may be marked "95% Plat," "950 Plat" or "950 Pt." Rings containing 850 or more parts pure platinum may be described as "platinum" if they use the number "850," or "85% or more" to qualify "Platinum" or its abbreviation in the content marking. Abbreviation marks for other PGMs include: "Plat." or "Pt." for platinum; "Irid." or "Ir." for iridium; "Pall." or "Pd." for palladium; "Ruth." or "Ru." for ruthenium; "Rhod." or "Rh." for rhodium; and "Osmi." or "Os." for osmium.

You can purchase platinum test acid to go with your gold test kit.  The process is basically the same as for silver and gold.

For testing palladium, you can use 10k gold test acic, which will turn yellow on palladium.

You can find YouTube vides describing that process.

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Source: nhc.noaa.gov

Larry is still heading north into the Atlantic and will be sending us some surf.


Source: MagcSeaWeed.com


The peak surf is now predicted for around Thursday.  It is a foot smaller than previously predicted.  I don't like to see that trend.  Maybe we'll get that much, but maybe not as much.

Keep watching.

Happy hunting,

TreasureGuide@comcast.net