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2. Barter rings - Wikipedia

   en.wikipedia.org/wiki/Barter_rings

   Barter rings were circulated in the Philippines up to the 16th century. [3] As the discovery of gold deposits were seen by the locals, the precious metal was mined and worked in the Philippines, evidenced by many Spanish accounts like one in 1586 that stated: “The people of this island are very skillful in their handling of gold. They weigh ...

3. History of Philippine money - Wikipedia

   en.wikipedia.org/wiki/History_of_Philippine_money

   Barter was a system of trading commonly practiced throughout the world and adopted by the Philippines. The inconvenience of the barter system led to the adoption of a specific medium of exchange – the cowry shells. Cowries produced in gold, jade, quartz and wood became the most common and acceptable form of money through many centuries.

4. Tondo (historical polity) - Wikipedia

   en.wikipedia.org/wiki/Tondo_(historical_polity)

   Other than Piloncitos, the people of Tondo also used the Barter rings, which is gold ring-like ingots. These barter rings are bigger than doughnuts in size and are made of nearly pure gold. [76] Also, they are very similar to the first coins invented in the Kingdom of Lydia in present-day Turkey. Barter rings were circulated in the Philippines ...

5. Coins of the Philippine peso - Wikipedia

   en.wikipedia.org/wiki/Coins_of_the_Philippine_peso

   Gold was an important medium of exchange in the various territories of pre-Hispanic Philippines, in the form of stamped gold beads called piloncitos and gold barter rings. The original silver currency unit was the rupee or rupiah (known locally as salapi ), brought over by trade with India and Indonesia.

6. Economic history of the Philippines - Wikipedia

   en.wikipedia.org/wiki/Economic_history_of_the...

   A collection of piloncitos in Manila Mint Museum Barter rings along with piloncitos. During pre-colonial times, the Philippine Islands were composed of numerous kingdoms, and thalassocracies oversaw the large number of merchants coming to the islands for trade.

7. Philippine real - Wikipedia

   en.wikipedia.org/wiki/Philippine_real

   The Philippine real was the currency of the Philippines during the Spanish Colonial Era. Brought over in large quantities by the Manila galleons , eight silver reales made up a silver peso or a dollar . 16 silver real were equal to one gold escudo.