Money trap wallet

Purses – wallets – and protective covers – Pocket or purse-carried container – Paper money container

Reexamination Certificate

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Details

C150S131000

Reexamination Certificate

active

06276414

ABSTRACT:

FIELD OF THE INVENTION
The invention is in the field of a strapping type of wallet, which uses straight and crisscross straps, which place or move the bill or paper money under these straps to contain or hold it when folded correctly, unlike a conventional wallet, which uses a slot for inserting bills.
BACKGROUND OF THE INVENTION
The invention relates to a strapping type of wallet well known in the industry. Examples of strapping wallets and paper bill folders and holders are as follows:
1. McKay patent, U.S. Pat. No. 1,326,602.
2. Sutter patent, U.S. Pat. No. 1,580,346
3. Hughes patent, U.S. Pat. No. 1,833,881.
4. Trussel patent, U.S. Pat. No. 1,973,420.
5. Traugott patent, U.S. Pat No. 4,010,787.
The above mentioned wallets contain paper bills through the use of (a) strap(s) that restrain the center of the bill to one side while folding the ends of the bill through Corresponding straps. Often the bill is torn when it is being contained or enclosed within these straps, especially if the wallet is sized down to fit the paper money it encloses.
In the development of The Money Trap Wallet, the inventor, Mr. Bibb, conducted much study of the Traugott patent and the Sutter patent wallet designs and their practical uses. After hundreds of trails, Mr. Bibb realized several limitations within the design. The main limitation is that the size of the wallet cannot be reduced to the approximate size of the bill or the paper money, because a tearing of the bill would often result. Each effort of patterning a wallet after this patent caused the bill to be torn at the straps. Mr. Bibb noticed that the “X” design caused a stress buckle to occur from the center of the bill to its exterior when the wallet is made small. When no crisscross or “X” format was used for the straps, as in the Hughes patent, the bill would also tear. The Hughes wallet used straight straps, which did not cause the stress buckle, but instead caused the bill to snake through the straps, tearing the bill approximately on inch off center on either end. Also, each of these designs would tear a new bill or paper receipts when enclosing them.
SUMMARY OF THE INVENTION
With consideration of every patented strap wallet, this invention is unique in that when produced almost the size of the bill, which it is to contain, it will not tear the bill. It is not limited as to size or geometric configuration except to the size of the paper money it is to contain. Because bill sizes vary from country to country, the size of the wallet will need to be varied in accordance with the country it is being produced for. Once the user inserts cards or belongings into the compartments, the wallet becomes stiff allowing for superior strap functioning. The inventor, after years of trail and error research, discovered that when the straps hold or pull only the corners of the bill, the wallet's size is no longer limited. Therefore, this wallet can be produced smaller in size making it comfortable to carry and to handle. This wallet is made with most flexible materials such as leather, vinyl, and/or sturdy cloth. The most practical material used is a rubber-based vinyl. Completely closed, contained bills fold along their narrowest center. The straps can hold bills on both or either of the side panes.


REFERENCES:
patent: 739754 (1903-09-01), Lovece
patent: 1269247 (1918-06-01), Aslin
patent: 1326602 (1919-12-01), McKey
patent: 1580346 (1926-04-01), Sutter
patent: 1833881 (1931-11-01), Hughes
patent: 1973420 (1934-09-01), Trussell
patent: 2550437 (1951-04-01), Yates
patent: 4010787 (1977-03-01), Traugott et al.
patent: 4940068 (1990-07-01), Pokorny et al.
patent: 580933 (1976-10-01), None
patent: 479508 (1916-04-01), None
patent: 566963 (1924-02-01), None
patent: 1042029 (1953-10-01), None
patent: 103043 (1917-01-01), None

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