The history of the cash clip is not an exceedingly long one since the necessity for a them only arose with the invention for paper cash. Paper currency was first developed in China during the 7th century due to deficit of copper. Before this time ones wealth was worn round the neck in the guise of necklaces the wealthier you were the heavier the chain you wore. This became physically uncomfortable and problematical, so the Chinese came up with a system where they could leave their coins with someone of trust in return for a paper note.
They could get their money back by showing the note at later. This practice was later dropped and paper money doesn't arise again till 1690 in Europe. In this time Britain produced paper money to aid the movement of services and goods while waging colonial war in faraway Canada. It was much easier to move paper cash then large quantities of heavy coins.
So as paper cash gained popularity the necessity to hold ones cash changed into a necessity. The 1st patent for a cash clip was patented on May 7 1901 by B.G Deovich for a safety holder for paper cash. This clamping device held the cash and also had an attached chain to secure to and convenient button. The ones we know today wasn't invented until 1931 when L. Weeks asked for the patent that we all know today as the modern cash clip. Before this time paper money was hap hazardously carried in pocket of in change purses or in folded pieces of fabric.
Today there many styles and types they are made of different metals and materials and come in several different styles to fit anyone's taste. Some money clips have the time pieces on them; some have secret compartments, some actually have knives in them or flash lights. They come all metals from platinum encrusted with diamond to silver and gold and the more immediately accessible chrome steel. Chrome steel is prized for its durability and lower cost and is the most well known of all the materials.
Many groups such as the Mansions carry cash clips with special symbols on them. They are used as an extension of one's character or to show tenderness or association with an affinity group such as sports groups or military units. They are given as both corporate and personal gifts because they are able to easily be engraved and made as private or impersonal as needed.
They could get their money back by showing the note at later. This practice was later dropped and paper money doesn't arise again till 1690 in Europe. In this time Britain produced paper money to aid the movement of services and goods while waging colonial war in faraway Canada. It was much easier to move paper cash then large quantities of heavy coins.
So as paper cash gained popularity the necessity to hold ones cash changed into a necessity. The 1st patent for a cash clip was patented on May 7 1901 by B.G Deovich for a safety holder for paper cash. This clamping device held the cash and also had an attached chain to secure to and convenient button. The ones we know today wasn't invented until 1931 when L. Weeks asked for the patent that we all know today as the modern cash clip. Before this time paper money was hap hazardously carried in pocket of in change purses or in folded pieces of fabric.
Today there many styles and types they are made of different metals and materials and come in several different styles to fit anyone's taste. Some money clips have the time pieces on them; some have secret compartments, some actually have knives in them or flash lights. They come all metals from platinum encrusted with diamond to silver and gold and the more immediately accessible chrome steel. Chrome steel is prized for its durability and lower cost and is the most well known of all the materials.
Many groups such as the Mansions carry cash clips with special symbols on them. They are used as an extension of one's character or to show tenderness or association with an affinity group such as sports groups or military units. They are given as both corporate and personal gifts because they are able to easily be engraved and made as private or impersonal as needed.
About the Author:
Brian Zeng is sales chief of one led light company,he writes many articles about led lamps for home.
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