#ancientmonetarysystem

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4 years ago

An Ancient Monetary System: The Cowry Shell Coins

Bob Klein · For anthropologists, a stable currency is one of the hallmarks of advanced culture. In colonial North America, the Confederacies of the Algonquin and the Iroquois used wampum, beads made from the shell of the quahog hard clam. Purple beads carried a higher value than white ones a ...

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