How much is a Rai Stone?
How much is a Rai Stone?
Most examples of Rai stones are considered rare and sacred amongst the predominant Yap people. The largest Rai stones exceed 12 feet in diameter, weighing as much as two tons each….Yap Rai Stone – Rare Museum Piece.
| Time left: | Ended (Sun, May 03, 2015 07:21:18 PM Pacific Time) |
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| Sold Price: | $13,970.00 |
What was used as money on the tiny Pacific island of Yap quizlet?
The Island Of Stone Money : Planet Money On the island of Yap, people used giant stone coins that weighed thousands of pounds.
What is Yap island famous for?
Yap is known for its stone money, known as Rai, or Fei: large doughnut-shaped, carved disks of (usually) calcite, up to 4 m (12 ft) in diameter (most are much smaller).
Where is the Pacific island of Yap?
Located 4,500 miles west of Hawaii in the Pacific Ocean, the sleepy island-state is part of the Federated States of Micronesia and is described as one of the most remote and peaceful places on Earth.
What are Rai stones used for?
Rai stones have been viewed by modern economists as a form of money, and are often used as an example to support the thesis that the value of some form of money can be assigned purely through shared belief in said value.
What is Yap culture?
Today’s Yap is a mix of strong traditional values and modern life – Yapese have maintained their traditions and can boast the most intact culture in Micronesia, with first world growing pains. This is the land of stone money, magic and people living in two time periods simultaneously.
What are people from Yap called?
The Yapese people are a Micronesian ethnic group native to the main island of Yap. Under different administrative rules, Yapese culture has been influenced by Spanish, Japanese, German, and American cultures. Aspects of traditional Yapese culture are still important in modern Yapese culture.
What culture used stones for money?
The Yap islands group is part of Micronesia and has a very peculiar currency: stone. Stone money known as “Rai” are large stone disks, sometimes measuring up to 4 meters, with a hole in the middle that was used for carrying them. It was and still is used as a trading currency there.
How big is the largest Yap stone?
The largest extant stone is located on Rumung island, near the Riy village; it is 3.6 metres (12 ft) in diameter and 50 centimetres (20 in) thick, and weighs 4,000 kilograms (8,800 lb).