A man has been reunited with his wallet 26 years after losing it.

Wallet

Wallet

Paul Davis was partying on a beach with friends on New Year's Eve in 1994 in New South Wales, Australia when he lost the wallet - which was only found earlier this week.

He recalled to 9News: "I went on a bit of a mad hectic rush and I couldn't find it. I went on a bit of a mad hectic rush and I couldn't find it.

The wallet was discovered in sand dunes but still holds Paul's bank cards and a $5 note and he now plans to frame it.

He said: "I think I might take it in and get it framed up and hang it in the bar or in the house somewhere."