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Message:: [QUOTE="GDJMSP, post: 1395353, member: 112"]Did they ever have a monetary system ? Yes, of course they did. But it never involved coins. Native Americans used other things as money, but those other things never had any set value. It was always up to the 2 parties involved as to what each was using was worth. Some tribes did use gold as ornamentation. Others like the Incas and Aztecs used it in similar ways, but to a much greater degree. And some even used precious stones. But never was there any form of coins or printed money. Theirs was purely a barter system. The screw press mentioned may well have happened, I don't know. But if it did it was not until long after the Europeans arrived. The Spanish, when they conquered parts of North America and parts of South America established mints as early as 1536. And pretty much all efforts to force the native population to use coins as money failed in the beginning. It was not until later years that the use of coins was accepted by the natives, and then only in the cities, towns and villages established and ruled by Spaniards.[/QUOTE]