【Reading guide】With the development of time, human desire for precious metals is getting stronger and stronger, gold, platinum and some scarce precious metals have a strong ability to retain value, but also give people practical psychological comfort, in the watchmaking industry, gold watches are widely used, most of them are made into platinum watches, as well as gold watches, why are platinum watches more expensive than gold watches, how to choose between the two? We analyze
1) Why are platinum watches more expensive than gold watches?
Scarcity
Precious metals are valuable mainly because of their scarcity, so is platinum more scarce than gold according to this principle? On the contrary, the element platinum is actually 25% more in nature than gold, so why is platinum worth more?
Mainly because gold is the basis of almost the world's currency, and is also used in jewelry making, electronics, and hundreds of other uses. Gold is mined in large quantities, and there have been many major gold rushes in history, but there is no such thing as a platinum rush, in fact, platinum is not mined in large quantities, and more gold is mined than platinum. So platinum is now high in price.
The density is different
The average amount of gold mined per year is 18-20 times that of platinum, and in addition to being mined in smaller quantities, platinum is denser and is the third-density metal after iridium and osmium, with a density of 21 grams per cubic centimeter. And gold is ranked seventh, which means that platinum is made with more materials to make the same watch.
A case of the same size would require 11% more platinum weight than gold to make a case of equal size. Most platinum watches are more than double the price of gold watches,
2) Advantages of platinum watches over gold watches
So what are the advantages of a platinum watch? The first is that platinum is more low-key, easy to hide wealth, and not easy to steal, and another big advantage is the hardness, platinum has a hardness of 4.5 on the Mohs scale, while 18 karat gold has a hardness of 2.8. It produces fewer scratches during use and has a higher gloss than gold. Platinum is a very stable element with a very low chance of discoloration, and because platinum is heavier, it has a better texture and is more comfortable to wear.
3) How to choose between a platinum watch and a gold watch?
No item looks more precious than gold, so gold is born with the attributes of wealth and luxury, especially in the preference of Chinese people for gold, so if you do not deliberately pursue a low-key approach, try to choose a gold watch if the scope of work allows, as the mining of platinum rises, the value of platinum may decline in the next few decades, and the weight of platinum watches is heavier than gold watches, which needs to be overcome.
Tips: Platinum is more suitable for making watches than gold, it is harder, but platinum has a much higher budget than gold watches, and the choice of platinum or gold depends on your wallet budget, but platinum is definitely better than any other material. Do you have any problems with your watch? You can leave a message to ask, and we will try our best to answer.
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