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that in the 18th and 19th century, platinum was so cheap in Spain that it was used for various frauds. Notably, they created counterfeit British sovereigns with a gold-plated alloy of platinum and copper. In order to control this problem, the authorities dumped confiscated platinum into the sea.
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Fun Fact: that in the 18th and 19th century, platinum was so cheap in Spain that it was used for various frauds. Notably, they created counterfeit British sovereigns with a gold-plated alloy of platinum and copper. In order to control this problem, the authorities dumped confiscated platinum into the sea.
Source
en.wikipedia.org
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