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<p>[QUOTE=&quot;scottishmoney, post: 2564010, member: 12789&quot;]Simple answer, it is much rarer than gold, but it has a pretty low demand - primary industrial usage is for catalytic converters in the exhaust systems of vehicles.&nbsp; It doesn&#039;t have nearly the history that gold and silver have.&nbsp; It really was only isolated and used in the last 400-500 years.</p><p><br /></p><p>Both gold and silver have much higher demand and more industrial applications.&nbsp; They also have a long history of being recognized as a representative monetary instrument.&nbsp; Russia briefly minted platinum coins in the 1830s and 1840s, but they were soundly rejected in commerce.&nbsp; Later on as platinum became easier to isolate and work, counterfeit coins were minted in gold plated platinum, quite common for late 1860s and early 1870s counterfeit gold coins.&nbsp; Gold and platinum have a similar atomic weight and density.[/QUOTE]</p><p><br /></p>

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