Mercuryville, California Mercuryville, California Mercuryville, California is a ghost town in the Mayacamas Mountains along The Geysers road. Mercuryville was founded in 1874, after cinnabar, a mercury bearing ore, was discovered in eastern Sonoma County around 1870. Mercury is a dense liquid metal that can be used to separate gold from other less dense materials and the California Gold Rush, which had begun only 20 years earlier, increased the demand and price of mercury to $1 a pound, making extracting the ore profitable, and prompting a short-lived mercury rush in the 1870s. When the price of ore dropped within a few years,
Precious metal coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals. A metal is deemed to be "precious" if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a