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The Miser’s purse originated late in the eighteenth century and was variously called misers, hookers, almoners (or aumonières), and wallets, or long, stocking, ring, and string purses. The shape of the miser’s purse originated from the medieval practice of carrying coins in the toe of a stocking.

A short slit in the narrow midsection of fabric (in beaded purses, this section was left unbeaded) let the carrier drop coins or other small objects into either end of the tube. It could be closed off by moving two rings, or sliders, of different materials including steel, brass, silver, gold, or mother-of-pearl toward the ends, gathering the fabric snugly around the content.

Victorian era miser purse
navy blue knit with tiny glistening faceted silver steel beads
two silver sliders
glittering steel tassels
16' long (incl tassels) , 2" wide
excellent condition

Near Mint - The vintage piece shows only the slightest signs of being worn.
Excellent - The piece shows typical, although minor, signs of wear.
Very Good - The vintage piece is considered wearable but has some surface flaws i. e. staining, soiling or color damage.
Poor - The item is wearable but shows significant signs of wear, although in many cases, some of these pieces can be restored.
condition: excellent

This item is sold from a vintage boutique in New York, New Jersey.