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PRECIOUS (O. Fr. precios, mod. precie...

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Originally appearing in Volume V22, Page 275 of the 1911 Encyclopedia Britannica.
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PRECIOUS (O. Fr. precios, mod. precieux, See also:Lat. pretiosus, of high value or See also:price, pretium)  , costly or of high value, particularly used in See also:political See also:economy of those metals which are " valuable enough to be used as a See also:standard of value and abundant enough for coinage " (The See also:Century See also:Dictionary) . The See also:term is thus practically confined to See also:gold and See also:silver . See also:Platinum in theory may he included as it was used for coinage in See also:Russia in 1828; the fluctuations in the value of the See also:metal caused its discontinuance in 1845 (see Goias, SILVER and See also:MONEY) . " See also:Precious stones " include those gems which are valued for See also:ornament and See also:jewelry . " Strictly speaking the only precious stones are the See also:diamond, See also:ruby, See also:sapphire and See also:emerald, though the term is often extended to the See also:opal, notwithstanding its lack of hardness, and to the See also:pearl . . . strictly an See also:animal product," G . F . Kunz, Gems and Precious Stones of See also:North See also:America (189o) (see See also:GEM, and See also:LAPIDARY AND GEM-CUTTING) . A particular use of " precious " as meaning fastidious, over-refined, is taken from the See also:French precieux, See also:familiar in the appellation of See also:Les Precieuses, given to the social and See also:literary circle of ladies which centred See also:round the Hotel de See also:Rambouillet in the 17th century (see RAMBOUILLET; See also:CATHERINE DE VIVONNE, MARQUISE DE) .

End of Article: PRECIOUS (O. Fr. precios, mod. precieux, Lat. pretiosus, of high value or price, pretium)
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