In Yap, people spend stone called Yap or Fer.
The Micronesian island of Yap is known for its stone money, known as Rai or Fer. Yap, Micronesia, also known as the Island of Stone Money, is a 40 square-mile island just 500 miles southwest of Guam in the Southern Pacific Ocean. It rests 9.5 degrees north of the equator which makes the year-long summers unbearably hot. The yapenese have used Rai, large doughnut-shaped, carved disks of calcite, up to 4 m (13 ft) in diameter, for centuries. These stones are made from shimmering limestone which are not indigenously available in Yap.It was quarried and ship into Yap from the island of Paula.
The early stones were mined on Palau and other islands starting between 500-1,000 AD. The stones are still used for some transactions such as marriage or land.The stones are of different sizes and weight, while there are some that has diameter of 12 feets and a weight thousands of pounds.
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