Precious metal Precious metal A precious metal is a rare, naturally occurring metallic chemical element of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code. The best known precious metals are the coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and
Ordo Aurum Solis George Stanton. In the changing religious and political environment of the late 19th century, they decided to take the core philosophy of the Societas Rotae Fulgentis and constitute it into a living magical and initiatory order, establishing Ordo Aurum Solis in 1897 and reawakening the Golden Chain of the Greek and Egyptian initiatic heritage. Melita Denning and Osborne Phillips are the pen-names of Vivian Godfrey and Leon Barcynski, who together authored many books in the early days of Llewellyn Publications. Chief among these was the formal presentation of the Order Aurum Solis' philosophy and praxis: "The Magical Philosophy". Melita Denning,