DENVER, Pa. – There were no bank “bailouts” required at Morphy Auctions’ antique toy auction held June 22. Collectors eagerly stepped up to the plate to stake their claims on
fine cast-iron mechanical and still banks.
The Atlas bank, pictured here at right, fetched $12,000 (including buyer’s premium) to claim the coveted top lot spot, in an auction which realized $502,000. Mechanical and still banks represented lead all other categories of the sale. In fact, seven of the top 10 lots were banks made during the 19th and early 20th centuries.
Other crowd favorites of this sale include a Lighthouse bank with a very detailed red brick tower, which commanded $10,800 before the gavel fell; a J. & E. Stevens Magic bank, pistachio green in color, with a front door that opens to reveal a smartly dressed cashier. This bank finished at $8,400.
Collectors of mechanical banks are encouraged to learn more about the Mechanical Bank Collectors of America (www.mechanicalbanks.org), a non-profit organization consisting of around 400 members from the United States and several foreign countries. Organized in 1958, it is dedicated to expanding the knowledge and availability of Antique Mechanical Banks. The MBCA can be reached at firstname.lastname@example.org or by writing to Mechanical Bank Collectors of America, P.O. Box 13323, Pittsburgh, PA 15242.
Another valuable resource is the Still Bank Collectors Club of America (www.stillbankclub.com), a non-profit organization founded in 1966 that now consists of nearly 500 collectors from the United States, Canada, Germany, Denmark, Australia and England. Learn more about the SBCCA by writing to SBCCA Membership Chairman, 440 Homestead Ave., Metairie, LA 70005.
Learn more about Morphy Auctions by calling 717-335-3435 or visiting www.morphyauctions.com.