Mens summer suite
Men’s Summer Suits – the “in-thing” in the World of Men’s Fashion!
September 23, 2013, 1 Comment

No doubt a man looks stylish and elegant when he wears a suit. It is the most stylish attire that a man loves to flaunt ...

men casual fashion
Fine-tune your get up exhibiting men’s casual fashion
September 6, 2013, No Comments

Usually, men’s outfit consists of a trouser and shirt or a jeans and t-shirt. Causal look has become the recent tr ...

Most Fashionable Shopping Streets In London
Most Fashionable Shopping Streets In London
August 8, 2013, No Comments

Every women want to wear fashionable clothes. The passion for shoes and bags may be the biggest passion of a women. We a ...

4 Classic Looks That Never Go Out Of Style
4 Classic Looks That Never Go Out Of Style
July 12, 2013, No Comments

When you are someone who wants to look great but you don't want to simply buy clothes every time the weather changes ...

time piece
Makes timepieces your style statement accessory!
June 26, 2013, No Comments

With your anniversary round the corner you are worried about what to gift your beloved. You don’t want to gift ano ...

Everybody is aware that some metals are classified as precious. Gold and platinum are commonly known as luxury metals and are worth a hell of a lot of money. Whether they are turned into jewellery or are traded as bullion, these metals are not normally cheap. But what is it that makes them so expensive? What classifies a metal as 'precious' or 'valuable'?
Rarity
Probably the primary reason why metals are valuable or precious is their rarity. If something is not easily accessible or available to everyone, it automatically becomes exclusive – this is often seen as the case with items like gold and specifically gold bullion dealers. It is deemed to be a luxury, rather than something that anyone can simply wander into a shop and pick up. With certain metals, they are difficult to obtain. If they are rare, they are classified as being precious. Once they get the status of being 'precious', the value of these metals automatically increases. Gold in particular is often used as a form of currency, with people buying it as a hedge against difficult times economically or in times of social unrest. The fact that it is a precious metal means it will keep a decent amount of value, even in times of a huge financial crisis.
Strength
Some metals have properties that makes them more appealing, such as a high level of strength. They can be used for machinery and can withstand a lot of force. A hell of a lot of modern technology relies on metals and their strength is a key factor in this. Aeroplanes and even rockets are made of metal, capable of withstanding extreme conditions and forces, effectively making them invaluable for everyday life. While the metals that these types of machines are made of are not necessarily classified as 'precious', they still have a lot of value in a different way. The monetary cost of them is not as important as the benefits they offer.
Reputation
Some metals are classified as incredibly valuable because of the form they are in and the reputation that they have. For example, a copper ring that belonged to an iconic member of society 300 years ago will have a huge amount of value because of who it belonged to. While the actual material itself doesn't have a huge amount of value in real terms, the sentiment and the history behind the item is what gives the metal its status of being precious.
Personal value
One of the other elements that can classify a metal as precious is the value it has to a single person. If a piece of jewellery or a coin was given to us as a present from someone very special, it may be almost worthless. However, to the person that receives it, the value may actually be priceless and this personal value can make the item very special. Although on a general market these metals won't fetch much money, they are worth whatever somebody is prepared to pay for them. If they are steeped in sentimental value, that can be a hell of a lot of money.
Why are metals so precious?
June 21, 2013, No Comments

Everybody is aware that some metals are classified as precious. Gold and platinum are commonly known ...

Sunglasses istock
How to Choose Sunglasses That Fit You
May 18, 2013, 2 Comments

If you've been closely following twitter feeds of sunglasses designers and manufacturers like Luxottica or Persol yo ...

Perfect Gift For Him
Confused About The Perfect Gift For Him? Why Not Try Leather Wallets?
April 24, 2013, 2 Comments

Giving your spouse, boyfriend, brother or dad a gift that he will not only make it a point to use every day, but he will ...

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Men’s Fashion – Summer 2013, what you should be wearing
April 10, 2013, 2 Comments

Summer is upon us and that can mean only one thing for fashionistas – a seasonal update in the wardrobe department ...

Tungsten Wedding Bands
Appropriate Men’s Jewellery for when the wedding bells ring!
April 1, 2013, 3 Comments

Anyone would attest to the fact that putting up a great wedding is a commendable feat. It involves countless sleepless n ...