Money clip and wallet

Claim 1

In a wallet having a pocket formed from an inner wall with an interior and exterior surface and outer wall, a currency clip comprising: a planar anchor arm for insertion into said pocket; a planar gripping arm juxtaposed to and in the plane of said anchor arm and spaced therefrom throughout its length; a flexure section at one end of said anchor arm and gripping arm arcuately connecting said anchor arm and said gripping arm defining an interior area between said arms permitting slidable insertion of said anchor arm into said pocket; said anchor arm having an anchor surface, said gripping arm having a gripping surface; said anchor surface comprising an inside anchoring edge, an outside anchoring edge and an anchoring area therebetween; said gripping surface comprising a gripping edge and a gripping area, said anchoring arm and gripping arm resiliently moving from their coplanar position flexing around said flexure section upon insertion into said pocket to provide a resilient gripping deformation torque around an axis which is through said flexure section and which is perpendicular to said gripping and anchor arms and in a plane formed by the gripping and anchor arms, said inside anchoring edge frictionally engaging the interior surface of the inner wall, said gripping edge frictionally engaging the exterior surface of the inner wall and surface of the currency therebetween when inserted therein, said frictional engagement of the gripping edge and said anchoring edge increasing with increased flexural deformation torque created by the insertion of paper currency between said gripping surface and the exterior surface of the inner wall, thereby securing said clip to said wallet and currency inserted between said exterior surface and said gripping surface.