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The E-Sylum: Volume 11, Number 18, May 4, 2008, Article 20 IN SOLOMON ISLANDS, DOLPHIN TEETH MONEY FAVORED OVER DOLLARS [On Wednesday April 30, the Wall Street Journal published a front-page article about the resurgence of traditional dolphin teeth money on the Solomon Islands. -Editor] Forget the euro and the yen. In this South Pacific archipelago, people are pouring their savings into another appreciating currency: dolphin teeth. Shaped like miniature ivory jalapeņos, the teeth of spinner dolphins have facilitated commerce in parts of the Solomon Islands for centuries. This traditional currency is gaining in prominence now after years of ethnic strife that have undermined the country's economy and rekindled attachment to ancient customs. Over the past year, one spinner tooth has soared in price to about two Solomon Islands dollars (26 U.S. cents), from as little as 50 Solomon Islands cents. The official currency, pegged to a global currency basket dominated by the U.S. dollar, has remained relatively stable in the period. Even Rick Houenipwela, the governor of the Central Bank of the Solomon Islands, says he is an investor in teeth, having purchased a "huge amount" a few years ago. "Dolphin teeth are like gold," Mr. Houenipwela says. "You keep them as a store of wealth -- just as if you'd put money in a bank." Few Solomon Islanders share Western humane sensibilities about the dolphins. Hundreds of animals are killed at a time in regular hunts, usually off the large island of Malaita. Dolphin flesh provides protein for the villagers. The teeth are used like cash to buy local produce. Fifty teeth will purchase a pig; a handful are enough for some yams and cassava. The rising value of dolphin teeth, Mr. Houenipwela says, is explained in part by the need to heal the wounds of the country's ethnic conflict. According to local custom, tribal disputes over lost lives or property can often be settled by paying compensation -- in teeth rather than dollars. Another reason, Mr. Houenipwela says, is the rapidly growing population of young men who need dolphin teeth for buying brides -- the biggest financial transaction in many Malaita islanders' lives. Teeth are the currency of choice for this payment: one healthy bride costs at least 1,000 teeth. That necessitates the killing of dozens of dolphins. Local spinner dolphins yield more than 20 teeth, each about an inch long. While originally restricted to Malaita, the tooth frenzy has spread all over this former British protectorate of 500,000 people, Mr. Houenipwela says. As the demand for dolphin teeth has increased, the supply can't keep up, he laments: "People want more teeth, and it's not that easy to get dolphins. It's a very tiring job." The tradition has deep roots. Dolphin teeth and other animal products were used as currency in the Solomon Islands and other parts of Melanesia long before European colonizers arrived here in the late 19th century. An exhibit of traditional money in the central bank's lobby displays the now-worthless garlands of dog teeth. Curled pig tusks have played a similar role in the neighboring nation of Vanuatu and parts of Papua New Guinea. Whale, rather than dolphin, teeth were collected in Fiji. While the use of these traditional currencies is dying off elsewhere in the region, there is no sign of the boom in dolphin teeth abating here. Mr. Houenipwela, the central bank governor, says that some entrepreneurs have recently asked him for permission to establish a bank that would take deposits in teeth. To read the complete article (subscription required), see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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