Yap Stone Money
“The great affair, we always find, is to get money.” So wrote Adam Smith, but he might have been surprised to visit the Micronesian island of Yap, where a coin’s value is determined by its size. If a native pays you a large debt, you might find yourself with a limestone coin 12 feet in diameter and weighing several tons. You might display it outside your home, as a status symbol — or you might just leave it where it is (even underwater) and agree that ownership has been transferred. Easier on the back.
(Image: Wikimedia Commons)
