In the early twentieth century, the penny was more than the low-worth piece of copper it is today. Children then, were encouraged to save their pennies “for a rainy day”. Action-packed mechanical banks helped the nation to become responsible savers. The magical action that happened with only a penny, made these banks prized and extremely popular. In the 1939 Montgomery Ward Christmas catalog, you could buy a Trick Dog bank for $1.19 or 119 pennies. Today, that original bank could easily cost over $1,000! The banks in our collection are all faithful reproductions and much closer to the 1939 price tag.
The magic is still in each bank!
I'm a Novelty Bank Reproduction Iron Bank
Hi! I’m a Novelty Bank reproduction Iron Bank. I'm 4 1/2" wide and 7" tall. My original design was made by the J. & E. Stevens Co. in Cromwell, Connecticut in 1888. After the cashier takes your coin, he slams the door closed and deposits it in the vault. Good for you! You’re saving your coins, or at least the teller is saving your coins!