Money Bag

A money bag (moneybag, bag of money, money sack, sack of money, bag of gold, gold bag, sack of gold, etc.) is a bag (normally with a drawstring) of money (or gold) used to hold and transport coins and banknotes from/to a mint, bank, ATM, vending machine, business, or other institution. Money bags are usually transported in an armored car or a money train and, in the past, via stagecoach.

According to the account given in the Bible's Gospel of John, Judas Iscariot carried the disciples' money bag.


During the Roman era, the Legio IV Scythica was camped in Zeugma, an ancient city of Commagen (modern-day Turkey). Excavations carried out in the city revealed 65,000 seal imprints (in clay, known as “Bulla”) found in a place which is believed to serve as the archives for the customs of ancient Zeugma. The seal imprints used in sealing papyrus, parchment, moneybags, and customs bales are good indication of volume of the trade and the density of transportation and communication network once established in the region.

Charon's obol, a death custom originating in ancient Greece whereby a coin is placed with a corpse, in the 3rd-4th century AD in Western Europe, were often found in pouches, making them money pouches. From the Middle Ages to around 1900, Rottweiler dogs were used by travelling butchers at markets to guard money pouches tied around their necks.

Beginning in the 14th century, purses of money (panakizhi) were awarded to scholars during the Revathi Pattathanam, an annual assembly of scholars held in Kerale, India. In 16th century feudal Japan, samurai wore uchi-bukuro (money purses) around the waist or neck.

In 1620, pediatric tracheotomy was unheard of until a boy tried to hide a bag of gold by swallowing it. It became lodged in his esophagus and blocked his trachea. The tracheotomy allowed the surgeon to manipulate the bag and it to pass through his system. In September 1864, Rose O'Neal Greenhow, a Confederate agent, drowned with a bag of gold around her neck after leaving the Condor (a British blockade runner ship) in a boat.

A money bag can be road debris after it falls out of an armored truck, causing a traffic accident or mass hysteria often compared to a feeding frenzy, as people rush to pick up "free" money.

Crumillospongia is a genus of middle Cambrian sponge named after its similarity to a small leathery money purse, or crumilla (Latin for "small, little purse").
(en.wikipedia.org)

Money
Functions of Money
Types of Money
Money Supply
Money Laundering
Forex Trading

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