LIST OF OLD
MECHANICAL PENNY BANKS
Herewith is submitted a price list of Old Mechanical Penny Banks,
which I trust will give you some idea of what the banks are selling for
at the present time.
These prices are only approximate as no one can say what any bank
is worth. It depends on how badly a collector needs or wants a bank and
what he will pay for it. The demand fixes the price. Some of the oldest
banks sell for much less than those made in later years. Some of the
more attractive ones bring a less price than the unattractive ones, and
some that are only slightly mechanical are more valuable in dollars than
those that have a complicated mechanism.
In compiling this list I have used seven or eight different
sources: the original owner; the collector; the junk man; the antique
dealer; the penny bank dealer; the collector; the general hobbyist; and
the various lists sent out by different dealers.
In a few years this list may look silly, just as the prices listed
on the green sheets look silly (and fascinating) now.
Summing it all up, don't tell anyone "Meyer said this bank is worth
so much." He just doesn't know the value of banks anymore than you.
Let your conscience and your pocketbook be your guide.
John D. Meyer
September 1, 1951