![]() If your business is looking for a bank loan, these are all good forms of collateralĬountry/Region: West Africa, East Asia, South Asia, and Australia The more it ages, the more delicious and hence its value increases too. Since 1953, Credito Emiliano, a bank in Italy's Emilia-Romagna region, offers loans in exchange for golden wheels of Parmigiano-Reggiano cheese as collateral. Pot Duang was in circulation for 600 years from the Sukhothai era to Rattanakosin until its withdrawal fromĬirculation during the reign of King Rama V in 1904.Ĭountry/Region: Emilia Romagna, Northern Italy Some experts think they were developed to resemble cowry shells, which had been used as money from ancient times. King Ramkhamhaeng (1279-1298) is credited with introducing bullet coins during the Sukhothai period. Metal strips were bent and folded into spheres like a bullet, thus the name, bullet money. Rai stones were, and are still used in social transactions, such as marriage, inheritance, political deals, the sign of an alliance, or even in exchange of food. It will be owned by the person to whom it is passed without the physical possession. Rai stone transaction is recorded in oral history and no physical movement of the stone is done due to its weight and risk of damage. They have been used in trade by the Yapese as a form of currency. Rai stones are very valuable to the Yapese. ![]() Each stone has its own value depending upon their history rather than size. Size of rai stones varied from 1.4 inches to 140 inches in diameter. Rai stones are circular limestone disks with a hole in the middle. Tea bricks were still used as a form of currency in Siberia as well, until World War II.Ĭountry/Region: Island of Yap, Micronesia Value of these tea bricks varied depending on the quality of leaves and the distance and accessibility of the market. The tea was used as money, eaten as food in times of hunger and also medicine for treating coughs and colds. Tea bricks were the preferred form of currency over metallic coins for the nomads of Mongolia and Siberia. Some tea bricks were also mixed with binding agents such as flour or manure to better preserve their form for a longer period. In ancient China, tea bricks were made with thoroughly dried and ground tea leaves that were pressed into various bricks and other shapes, although partially dried and whole leaves were also used. This was most commonly used in ancient China prior to the Ming Dynasty, as a form of currency, instead of coins. Tea bricks or compressed tea are whole tea leaves or finely ground tea that have been packed in molds and pressed into brick form or block form or other shapes. In 2013 alone more than 1500 dolphins have been killed.Ĭountry/Region: China, Tibet, Mongolia, Central Asia, and Siberia In the last 50 years, more than 15000 dolphins have been killed by the locals for their teeth. Due to the devaluation of theĬountries dollar, some parts of the island have gone back to the traditional use of dolphins teeth. The Solomon Islands have a long history of That gives them an advantage over metal coins, which can be shaved or scraped to steal value from the coin. You can identify them by sight and know that you getting paid what you supposed to be paid. They are small, transportable, and highly durable. This necklace of dog teeth was worn by both men and women in dance, ritual and on every festive occasion.ĭolphin teeth have been used as currency for hundreds of years on the Solomon Islands. The wives and daughters of the influential men used to wear them as necklaces and headdresses. The Abelam and Arapesh, Boiken and Madang wealthy people used strings of dogs’ teeth as currency when paying for brides, land payments and buying pigs and for bartering.ĭog teeth were so valuable that possession of a huge number of teeth indicated their wealth and status in their community. These canine teeth coins were holed and threaded on fibers/cords. These canine teeth were accepted as means of payment and the possessor purchased weapons, cattle, grains, utensils, and household items with dogвs teeth. Only the four canine teeth, were of any value and all the other teeth were considered worthless. Dogs teeth served as decoration and money in different parts of Papua New Guinea. 10 unusual currencies around the world Some of the weirdest currencies that were and are used during transactions Dogs teeth as currencyĭogs teeth are the Papuans treasure, the most valuable of money in their possession.
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