What Are Money Clips Made Of?
There are two main types of money clips, and each are made with different materials. When most people think of a money clip they think of a solid piece of metal that is folded over tightly in a clip shape. In these types of money clips the bills are held in place with the strength of the metal pinching the bills. These clips can be sharp, tearing up the insides of pockets. If you want to spare yourself a lifetime of pinched skin, irritation and pain, it's best to go with option number two, the magnetic money clip.