A purse (from the Latin bursa, which in turn is from the Greekβύρσα, býrsa, oxhide), sometimes called coin purse for clarity, is a small money bag or pouch, made for carrying coins. In most Commonwealth countries it is known simply as a purse, while "purse" in the United States usually refers to a handbag. "Purse" can also be a synonym to bursary (which has the same origin), i.e. a monetary prize in a competition. In recent times a coin purse can also be transposed as a phone wallet replacing coins for a modern alternative, the mobile phone
In the 15th century, both men and women wore purses. They were often finely embroidered or ornamented with gold. It was also customary for men to give their new brides purses embroidered with an illustration of a love story.
In the 17th century, bags became more complex and elaborate. Girls were taught skills such as embroidery and needlework that could assist them in finding a husband. These skills gave rise to stitched artwork on bags. Around the year 1670, men's breeches were made with built-in pockets, which caused them to stop carrying purses. They did however carry little netted purses in their pocket to carry money.