Origin of the Term "Pin-Money."
By the term pin-money, is understood a lady's allowance for her own personal expenditure.
For a long time after the invention of pins in the fourteenth century, the maker was allowed to sell them only on the 1st and 2d of January.
They were so expensive for a long time, that none but the very wealthy ladies could use them; and it became customary to give a certain sum of money to women at their marriage, for buying pins.
On the 1st and 2d of January they flocked to the stores, provided with this money, which was thence called "pin-money."
Since pins have become cheap and common, the ladies spend their allowance on other fancies; but the term "pin-money" still remains in vogue.