The price of a substance depends on various factors, such as, its rarity, difficulty in producing or making them, etc. Ever wonder, what is the most expensive thing in the world and what is its significance? Here is a list of the 15 most expensive materials in the world that would leave you astonished:
The price of gold fluctuates with market conditions but there is no doubt of it being the most prized substance as a symbol of riches and prosperity for thousands of years. Currently available at $ 56 per gram, gold is widely used in jewelry, decorations and art. For being an inert heavy metal and having excellent conductivity, gold is also used in electronics and to provide coating for space satellites. Gold is also used for dental implants, wires and to treat cancer and arthritis.
Rhodium is mostly found in South Africa. This metal is more resistant to heat and less dense than platinum. It is known for its hardness, durability and reflectance. Referred as ‘white gold’, it is used in making jewelry, search lights, aircraft engines and in processes for manufacturing organics and acids. One gram of this metal would cost you $ 58.
Platinum has extensive uses for being flexible. It is mainly used in making jewelries, engines, wiring, chemical reactions, electrodes and dentistry. It neither oxidize in air nor melt in nitric or hydrochloric acid. Available at $ 60 per gram, this metal was rediscovered in the year 1735 after it was seen in Egyptian jewelries made during 1200 B.C.
Methamphetamines are among the most addictive products in the world. It is the reason behind serious health conditions of thousands of North American people. The drug releases dopamine almost instantly in the brain that results in side effects like psychosis, violent behavior, anxiety, paranoia, intense mood swings and sleep deprivation. Extreme addiction causes death or ‘meth face’. Still, people do not hesitate to shell out $ 100 for one gram of it.
Rhino horn is touted to be a cure for cancer as well as hangover. There is no proof of the claim though. However, this does not stop it from becoming one of the most expensive materials in the world. Priced at $ 110 per gram, it is considered a valuable resource in a few Asian countries. This explains the use of rhino horn powder in traditional Chinese medicine.
Latin America was the leading source of heroin during the 90s in the USA. However, these days 80% of opium that is used in making this drug is collected from Afghanistan. It has euphoria-inducing qualities, which makes it one of the most destructive and addictive drugs in the world. One gram of heroin is worth $ 130.
Cocaine is derived from the coca leaf, which is mostly grown in South America. This expensive stimulant priced at $ 215 per gram is incredibly addictive.
Lysergic Acid Diethylamide
Popularly known as LSD or acid, lysergic acid diethylamide was discovered in Switzerland by Albert Hoffman in 1938. He was trying to create something useful to treat psychological disorder at that time. However, people started using it as a way to expand consciousness, making this drug popular during the 1960s. It can create powerful hallucinations thereby resulting in a dangerous trip which in turn causes psychological problems as well as physical injuries. It is worth noting that one gram of LSD costs $ 3,000.
Plutonium, costing $ 4,000 per gram, rarely occurs naturally. It is more often derived from used uranium during nuclear reactions. Generally, nuclear power plants use plutonium obtained from uranium reactions to carry on with the nuclear process, which results in 1/3rd of nuclear fission energy.
This mineral was first discovered during the 1950s in Burma and is priced at $ 9,000 per gram. Painite, which features reddish, pinkish or brown hue, is a rarely found substance. However, its recent discovery in the Magok area in Myanmar may increase its availability.
This is an extremely rare gemstone that has been discovered and identified very recently by collectors. The colors of this stone vary from red to purple. However, there are only about ten red taaffeite stones that exists as of now. The amount of this stone that has been discovered so far can fill up only the half of a cup. This explains its price resting at $ 20,000 per gram.
Tritium costs $ 30,000 per gram. It is naturally formed when nitrogen or deuterium atoms are pounded with cosmic radiation, producing hydrogen nucleus with two neutrons in addition.
They are not the rarest material on the earth yet diamonds are the most expensive gemstone of all. Known popularly as ‘a woman’s best friend’, diamonds are formed under the crust of the earth when carbon molecules are subjected to the extreme yet required amount of heat and pressure. Priced at $ 55,000 per gram of the finest quality, diamonds date back to 3.2 billion years.
Californium was discovered in 1950 in California, hence the name. This rare metal of earth does not occur naturally. This is a highly radioactive material, of whose 1 mg releases up to 170 million neutron particles in one minute. Thereby, making it excessively toxic for organic life. Californium is used to detect platinum, gold and moisture gauges in oil wells. It is available for a whopping price of $ 27 million for 1 gm.
Antimatter is the most expensive material in the present world. It costs a staggering $6.25 trillion for 1 gm. In order to create even a small amount of this material, which is enough for studying by physicists, it would need the most advanced technologies, like CERN. The idea is introduced to common people through science fiction. As per popular belief, it would be the source of massive destruction if mixed with regular matter.