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Bracelets-Bangle

Women's Accessories, Handbags

Wallets

Wallets Article

The word "wallet" has been in use since the 14th century to mean a bag or a knapsack for carrying articles, and the word possibly derives from Proto-Germanic. The ancient Greek word kibisis, used to describe the sack carried by the god Hermes and the sack in which the mythical hero Perseus carried the decapitated head of the monster Medusa, has been typically translated as "wallet". Usage of the term "wallet" in its modern meaning of "billfold" in American English dates to 1834.

Billfolds were developed almost immediately after the introduction of paper currency to the West in the 1600s. (The first paper currency was introduced in the New World by the Massachusetts Bay Colony in 1690.) Prior to the introduction of paper currency, purses (usually simple drawstring leather pouches) were used for storing coins. Early wallets were made primarily of cow or horse leather and included a small pouch for printed calling cards.

The modern bi-fold wallet with multiple "card slots" achieved its uniform standard size in the early 1950s with the introduction of the first credit cards in 1951. Wallet design remained mostly unchanged throughout most of the late 20th century, while today wallet design has exploded into myriad shapes, designs, and colours from dozens of designers.[citation needed]

Some innovations include: the introduction of the velcro wallet in the 1970s.


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