Mechanical Banks — Miller and Miller Auctions

We Sell Your Mechanical Banks

SOLD: $2,360

SOLD: $1,320

SOLD: $1,298

SOLD: $1,093

SOLD; $1,180

SOLD: $920

SOLD: $1,062

SOLD: $1,003

SOLD: $944

SOLD: $531

SOLD: $413

SOLD: $384

SOLD: $325

Overview

While saving money these days involves transferring funds between accounts on your banking app, the process used to be a bit more ‘mechanical’. Mechanical banks are small containers with a decorative mechanical action, originally introduced to encourage children to save money in the mid-19th century. The banks were most often made from cast iron, and were creatively designed to depict historical, legendary or everyday events to add an element of enjoyment to the money saving process. The banks would perform an action or stunt when a coin was dropped inside and a lever was pulled. The banks soon became popular amongst both adults and children, and became a sought-after collector’s item.

Demand Remains Strong

The demand for mechanical banks at auction remains strong.

Miller & Miller is accepting quality consignments of mechanical banks for an upcoming auction.

Free Consultation

For a complimentary appraisal on an individual item or advice on how to sell your entire collection, call 519-662-4800 (Extension 1).

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