Penny banks have been in existence at least since around the mid 1800’s. Mechanical, cast-iron penny banks are perhaps the most well known because of their unique, moving scenes. To use, all one would have to do is put a coin into the slot, and it would cause the bank’s scene to come to life.
Collectors seek the uniquely designed mechanical, cast-iron banks. There are actually several types of antique penny banks that are highly sought after. Penny banks that make great additions to any antique bank collection also include stationary banks that are made from various materials, such as colored glass, tin, Pennsylvania chalk, pottery, and wood.
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Tin penny banks are among the earliest known types of banks. These were often soldered together and made to resemble a building.
Penny banks made from Pennsylvania chalk, glass, wood, or pottery haven’t been around quite as long as their tin counterparts, but are just as desirable. Many penny banks were originally created for use as a container for other items, such as candy, but came equipped with a coin slot so it could later be used as a bank.
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