Bursidae Thiele, 1925 is a moderately diverse group of extant tonnoidean gastropods with a significant fossil record. We review the fossil record of the family. We exclude some taxa from Bursidae, particularly the most ancient ones: Hanaibursa aquilana (Parona, 1909) (Aptian) and Bursa saundersiAdegoke, 1977 (Selandian). We exclude the genus Olequahia Stewart, 1926; its posterior siphonal canal is not analogous with that of Bursidae. We also discuss the possible revision of the type genus, Bursa Röding, 1798, on the basis of previously published phylogenies; the genus is not monophyletic. We create two new genera, Olssonia n. gen. (type species: Bursa chiraOlsson, 1930) and Aquitanobursa n. gen. (type species: Ranella grateloupi d'Orbigny, 1852), containing only fossil species. Lectotypes are designated for Ranella grateloupi d'Orbigny, 1852, Ranella morrisi d'Archiac & Haime, 1853 and Apollon pelouatensisCossmann & Peyrot, 1924. Based on this revision of the fossil record, we propose five fossil calibration points that can be used to date molecular phylogenetic trees of Bursidae.