Of course, in the beginning they were considered a luxury good among the upper middle class and the upper class.
It was the 1800s when paper money came into fashion, but it wasn’t until the 1900s when money clips became a trend and were mostly used by men. Before that, people used purses and wallets to transfer money, which mostly existed in the form of coins. Money clips appeared a few hundred years ago, but they became popular once banknotes became more frequently used.
