Coins of the Philippines
Even before the Spaniards arrived on the Philippine islands, there was a distinctive civilization with which neighbors from mainland China, Thailand, the islands of Java and Borneo traded. Initially, trade was dominated by commodity exchange, which later gave way to settlements in cowrie shells. Somewhere in the 9th-12th centuries in the Philippines, when calculating, they began to use "piloncytos" - small gold balls with a nadchekan weighing up to 3 grams, as well as gold "barter rings."
