Editing Wallet (section)

===Renaissance===
Wallets were developed after the introduction of [[Banknote|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, [[coin purse]]s (usually simple drawstring leather pouches) were used for storing [[coin]]s. Early wallets were made primarily of cow or horse leather and included a small pouch for printed [[Visiting card|calling cards]].{{citation needed|date=April 2016}}

In recounting the life of the [[Elizabethan]] merchant, [[John Frampton]], [[Lawrence C. Wroth]] describes the merchant as, "a young English-man of twenty-five years, decently dressed, ..., wearing a sword, and carrying fixed to his belt something he called a 'bowgett' (or budget), that is, a leathern pouch or wallet in which he carried his cash, his book of accounts, and small articles of daily necessity".<ref>{{cite journal|last=Wroth|first=Lawrence C.|title=An Elizabethan Merchant and Man of Letters |journal=[[Huntington Library Quarterly]]|date=August 1954|volume=17|issue=4|pages=301–302 |doi=10.2307/3816498|jstor=3816498|author-link=Lawrence C. Wroth}}</ref>