This vintage toy bank is more than a toy. It’s made of heavier duty black coated metal and is an actual working mechanical bank.
The original design was in 1907, but the Wesco Company sold them in the late 1950s and 1960s.
On the front, the bank registers nickels, dimes, and quarters. You put one of the three coins in the slot, pull the handle, and the Amount Deposited dial registers the total amount put into the bank (the coins only). The counter is designed to open when the counter reaches ten dollars. Just to test it, I put in some quarters, nickels, and dimesl and—sure enough—the display registered $1.55!
The bank is guaranteed to work.
On the back, there’s a round slot for putting in rolled up bills and another larger coin slot for putting in half dollars..
On the bottom are specific instructions about how the bank works and cautions users not to oil any parts.
The bank was marketed out of Jackson, MI.
It stands slightly over 6 inches and has base dimensions of 5 1/4 x 5 1/2 inches.
As you can see from the photos, the bank is in great shape.