The Collaborative International Dictionary of English v.0.48:

Purse \Purse\, v. t. [imp. & p. p. Pursed; p. pr. & vb. n.
   Pursing.]
   1. To put into a purse.
      [1913 Webster]

            I will go and purse the ducats straight. --Shak.
      [1913 Webster]

   2. To draw up or contract into folds or wrinkles, like the
      mouth of a purse; to pucker; to knit.
      [1913 Webster]

            Thou . . . didst contract and purse thy brow.
                                                  --Shak.
      [1913 Webster]