Patent ID: 8176600

Claim:
A money pin device for conveniently receiving and securing paper instruments such as paper money, ribbons, receipts, memos, and notes, the device comprising: a rear panel including a receiving portion having a rear planar surface, a front planar surface, and an operating tab extending from the receiving portion of the rear panel; a piercing pin housing including a receiving portion having a front wall surface, a rear wall surface, and an operating tab extending from the receiving portion of the piercing pin housing; a spring biased hinge pivotally connecting the rear panel to the piercing pin housing, and biasing the money pin device in a closed position, and wherein compression of the operating tabs toward each other causes pivotal rotation of the receiving portions away from each other to an open position of the money pin device to provide a receiving space for receiving the paper instruments; the rear panel further including at least one piercing pin extending from the front surface of the rear panel, and the rear surface of the rear panel being provided with an attaching pin for attaching the money pin device onto a garment; and the rear wall surface of the piercing pin housing being provided with at least one opening seat extending into the piercing pin housing, each one of the at least one opening seats for receiving a respective one of the at least one piercing pins when the money pin device is operated from the open position to the closed position, the at least one piercing pin for piercing through the paper instruments to secure the paper instruments between the respective receiving portions of the rear panel and the piercing pin housing.