Unusual Stone "Wheel?" Money

Discussion in 'What's it Worth' started by Lyricfive, Oct 30, 2019.

  1. Lyricfive

    Lyricfive Member

    Hi all...I came across this in my stepfather's collection. It is definitely money and I recall him mentioning it may be worth a considerable amount. Thoughts? History? Value?

    It weighs about 10 lb and measures about 10 by 8 inches.

    Thanks all!
     

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  3. Paul M.

    Paul M. Well-Known Member

    It looks like a Rai stone, from the island of Yap: https://en.wikipedia.org/wiki/Rai_stones

    Unless you have some provenance on it beyond your stepfather's collection, I would be hesitant to say it's authentic, as these things are fairly easy to fake.
     
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Can you prove your claim that this is money? It looks like a stone wheel. I can not imagine at anytime that anyone would carry a 10 pound stone as money.

    It may have been used as barter but that is not money. If this is money, what denomination is it? Were different weights or sizes used as money and they all had a different denomination?

    If it is money the size and weight alone would be the best form of theft protection I've ever known.
     
  5. Paul M.

    Paul M. Well-Known Member

    Read the wiki article I linked above. They weren't carried around.
     
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  6. Lyricfive

    Lyricfive Member

    My stepfather also had very large copper riksdaler plates (see photo) which weighed over 50 pounds and that was at one point considered money so after seeing that nothing shocks me. I believe perhaps these were used bartering like you said though. Thanks for your feedback.
     

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  7. Paul M.

    Paul M. Well-Known Member

    @Lyricfive do you have any receipts or auction records showing how your stepfather acquired the stone? My guess is that it would be nearly impossible to authenticate without provenance.
     
  8. Lyricfive

    Lyricfive Member


    sadly nothing
     
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    I did. Thank you. True but bizarre. But to prove what it is one must show a history of the piece.
     
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  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    My apologies to you. They are probably what you said they are but as the owner it's up to you to prove what it is. Best wishes on getting that proof.
     
  11. messydesk

    messydesk Well-Known Member

    I would think that some sort of mineral analysis could at least confirm whether or not it was quarried in the right place. Not sure who would do this and what it would cost. I'd start with an appropriate museum. Perhaps ask the ANA people (Doug Mudd) how they'd go about authenticating a Rai stone.
     
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  12. Lyricfive

    Lyricfive Member

    Working with Heritage Auctions on this. One recently sold for 18,000!! They determined mine may be around 5000. They typically do due dilligence into proper testing. Hoping for the best here. Thanks all.
     
  13. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    That is great. Hope you will keep us up to date as things progress with your very interesting piece.
     
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