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From: Webster's Revised Unabridged Dictionary (1913)

 Sea·wan Sea·want n. The name used by the Algonquin Indians for the shell beads which passed among the Indians as money.
 Note:Seawan was of two kinds; wampum, white, and suckanhock, black or purple, -- the former having half the value of the latter. Many writers, however, use the terms seawan and wampum indiscriminately.