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Book
Geld in Melanesië. : Melanesian money
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Year: 1954 Publisher: Amsterdam : Uitg. van de Afdeling voor Culturele en PhysischeAnthropologie van het Koninklijk Instituut voor de Tropen,

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Book
Les "N'zimbu" : monnaie du Royaume de Congo
Authors: ---
Year: 1953 Publisher: Bruxelles [s.n.]

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The shell money of the slave trade
Authors: ---
ISBN: 0521320860 0521541107 0511563043 Year: 1986 Volume: 49 Publisher: Cambridge : Cambridge University Press,

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Abstract

This study examines the role of cowrie-shell money in West African trade, particularly the slave trade. The shells were carried from the Maldives to the Mediterranean by Arab traders for further transport across the Sahara, and to Europe by competing Portuguese, Dutch, English and French traders for onward transport to the West African coast. In Africa they served to purchase the slaves exported to the New World, as well as other less sinister exports. Over a large part of West Africa they became the regular market currency, but were severely devalued by the importation of thousands of tons of the cheaper Zanzibar cowries. Colonial governments disliked cowries because of the inflation and encouraged their replacement by low-value coins. They disappeared almost totally, to re-appear during the depression of the 1930s, and have been found occasionally in the markets of remote frontier districts, avoiding exchange and currency control problems.

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