Rai stones

E413889

Rai stones are large, carved limestone disks used as a unique form of traditional money on the Micronesian island of Yap, valued more for their history and ownership records than for physical possession.

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All labels observed (1)

Label Occurrences
Rai stones canonical 1

Statements (49)

Predicate Object
instanceOf commodity money
cultural artifact
stone money
traditional currency
associatedWith compensation payments
marriage payments
political agreements
social status
canBeOwnedBy clans
families
individuals
villages
culture Yapese people
doNotRequire physical relocation for transfer of ownership
exampleOf money whose value is independent of physical possession
exhibitedIn museums around the world
feature central hole
historicallyQuarriedIn Palau
other Micronesian islands
influencedConcept theory of social credit and reputation-based value
locatedIn Federated States of Micronesia
Yap Islands
surface form: Yap
material limestone
ownershipRecordedAs oral history
ownershipRecordedBy community consensus
recognizedAs example of money without physical transfer
shape disk
sizeRange large stones several meters in diameter
small hand-held disks
stillUsedFor ceremonial payments
traditional exchanges
studiedIn economic anthropology
history of money
symbolize collective memory
community trust
timePeriodOfUse 19th century
20th century
pre-colonial era
transportMethod ocean voyaging canoes
transportRisk dangerous sea voyages
UNESCOStatus part of the cultural heritage of Yap
usedAs medium of exchange
store of value
symbol of wealth
valuationBasis difficulty of quarrying and transport
history of the stone
ownership history
size and craftsmanship
weightRange from a few kilograms to several tons

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.