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The growing trend of mammoth ivory. What is the latest and greatest in jewelry and textiles for the home? Believe it or not, is mammoth ivory. For centuries, the ivory was prized as a status symbol of the rich and famous. Unfortunately, the application of this material increasingly important to a dramatic decline in elephant population in the end it was the modern 20th century lead, and trade in elephant ivory, banned since 1989 to preserve the species.