Money clips have been around longer than one would expect. They are essentially a secure clip to hold bundles of cash, often used as an alternate to a traditional wallet. They have evolved along with paper currency (which interestingly is not paper, but a cloth rag mixture). Their highs and lows have been closely tied to people's relationship with money, and the economy itself.
Intrigued? Let's get into it.
Once upon a time...
The earliest traces of money clip have been found around Egypt and then in Japan where a similar device was used to organize accounts notes at grain and rice storages. These notes were close to currencies, and had details of the amount of grains/ rice stored and traded.
The money clips ensured the papers weren't lost and could easily be distributed.
Pickpockets bye boy
As the usage of paper currency grew in Europe, the very initial money clips were used to actually fasten notes to your clothing, to avoid pickpockets.
Even to date, a money clip is considered a safer way of carrying cash, especially in crowded, notorious markets.
Is it the 20th century already?
By the time Americans adapted the money clip, it was no more a humble clip keeping things in order, but instead a luxurious accessory. These were made from precious metals like gold and silver and were usually carried by "wealthy old folks", who carried business in cash often. Intense godfather vibes.
What a show off
The thing about a money clip that was so different from a wallet was that your money was out in the open. People could always see how much you are carrying. These were the times when people were collecting wealth and wanted to show it off. So money clips sat very well with that relationship people had with money.
All of that was about to change.
A market crash and end of an era
The Great Market Crash of 1929 changed how people thought of and carried money. Money was scarce, prying was not.
Money was often kept hidden inside a wallet, unlike earlier when showing off was the norm. Interesting how products change basis how comfortable people feel showing off money. The traditional wallets gained popularity.
This was pretty much the end of money clips, only amplified by low dependence on cash, as cards entered the scene.
Meet Money clip wallet 2.0
Got the memo? Money clips are back. Only, they are now money clip wallets. Born (or reborn) out of the need for an alternative to bulky wallets - for people who are still fans of cash, but not the mess. Since it's the 21st-century having card slots is a must too.
That's how the money clip wallet was born. A clip in the centre for carrying cash neatly, along with a few card slots, all secured inside a flap. In many ways, it's thought of as anti-wallet, for people who do not like carrying mainstream wallets and is gaining popularity fast.
Our Ridge money clip, takes it a bit further. It's made of a new age material- cactus leather. Cactus leather gives you the finish of leather but none of the bad stuff like animal cruelty, toxins or unsustainability.
Explore Ridge and other cactus leather wallets here.