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Shell money is a medium of exchange similar to coin money and other forms of commodity money, and was once commonly used in many parts of the world. [1] Shell money usually consisted of whole or partial sea shells , often worked into beads or otherwise shaped.
1742 drawing of shells of the money cowrie, Monetaria moneta Cowrie shells The shells of cowries are usually smooth and shiny and more or less egg-shaped. The round side of the shell is called the Dorsal Face, whereas the flat under side is called the Ventral Face, which shows a long, narrow, slit-like opening (), which is often toothed at the edges.
The Spondylus shell was used as neolithic jewelry and also as an early form of currency. The interior of two fossil valves of Spondylus from the Pliocene of Cyprus. There is global evidence of the importance of the spondylus shell. Archaeological evidence [2] shows that people in Europe were trading the shells as jewelry as long as 5,000 years ago.
While nothing is known about the use of tortoise shells as money, gold and cowries (either real shells or replicas) were used to the south of the Yellow River. Although there is no doubt that the well-known spade and knife money were used as coins, it has not been demonstrated that other items often offered by dealers as coins such as fish ...
Before the Spring and Autumn period, during the Shang dynasty, cowrie shells had been used as an early type of money. In the Zhou period, their use became more stylised with replica shells made of porcelain, jade or metal coming into use. Some sources suggest that early round coins were a highly stylised representation of the cowrie shells. [1] [2]
Money gifted from a relative does not necessarily need to be seasoned either. But if the money appears in your bank account less than 60 days before applying for a mortgage you’ll need to ...
Monetaria moneta, common name the money cowrie, is a species of small sea snail, a marine gastropod mollusk in the family Cypraeidae, the cowries. [1]This species is called "money cowrie" because the shells were historically widely used in many Pacific and Indian Ocean countries as shell money before coinage was in common usage.
After hitting your match, make your emergency fund and money that can go toward paying high-interest debt, if applicable, your top priorities. Bankrate’s 401(k) calculator can help you estimate ...