Method of Trading
Kula valuables never remain for long in the hands of the recipients; rather, they must be passed on to other partners within a certain amount of time, thus constantly circling around the ring. However, even temporary possession brings prestige and status. Important chiefs can have hundreds of partners while less significant participants may only have fewer than a dozen (Malinowski, 1920:98). Even though the vast majority of items that Kula participants have at any given time are not theirs and will be passed on, Damon (1980:281) notes that e.g. amongst the Muyuw all Kula objects are someone's kitoum, meaning they are owned by that person (or by a group). The person owning a valuable as kitoum has full rights of ownership over it: he can keep it, sell it or even destroy it. The Kula valuable or an equivalent item must be returned to the person who owns it as kitoum. The most important Muyuw men for example own between three to seven Kula valuables as kitoum while others do not own any. The fact that at least in theory all such valuables are someone's kitoum adds a sense of responsibility to the way they are handled, reminding the recipient that he is only a steward of somebody else's possession. The ownership of a particular valuable is, however, often not known. Kula valuables can be exchanged as kitoum in a direct exchange between two partners, thus fully transferring the rights of ownership.
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