Two Clock Type Banks
Mechanical banks that were made to look like watches or clocks are rather few and far between. In the more than 20 years that these articles have been written only two watch mechanicals have appeared, along with one clock type. The clock bank covered is a very rare item and actually utilizes a regular working clock.
This is the Time Lock Savings Bank, HOBBIES, September 1969. The Time is Money Bank (HOBBIES, May 1959) could be a fringe bank in the clock and watch category, but it does not actually represent nor is it in the form of either one. So to get to the point we now come to the unusual circumstances of classifying two clock type mechanical banks, the Registering Dime Savings Bank, No. 232 in the numerical classification, and the "Time" Registering Bank, No. 233. Let us make one thing clear right now, these are mechanical banks, not just registering banks. True the word "registering" appears in the name of each bank, but as with the Perfection Registering Bank (HOBBIES, September 1959) there is a lot more to each bank than simply having the amount registered. Also true, however, is the fact that each bank could be included in a collection of registering banks if one so chooses.
The Registering Dime Savings Bank, Figure 1, has the configuration of an 1890-1910 period oak case mantle or shelf clock. It is a well made nickel plated cast iron casting with nice detail. The clock face is paper and the hands are the same as those used on a regular clock. A beveled glass protects the face and hands. The name Registering Dime Savings Bank appears on the door as shown in the photo.
The 1891 Premium Supplement for the Ladies Home Journal has an excellent picture of the bank and well describes it as follows:
Adding to this description, the minute hand moves automatically with each dime deposited. Ten dimes are necessary to complete the circle of the dial by the minute hand. When this is done the hour hand moves to the figure 1 indicating $1.00 in the bank. After the deposit of $10.00 the door front with the name thereon automatically drops forward. Only dimes can be used in the bank and the weight of each coin causes the action.
The "Time" Registering Bank, Figure 2, is somewhat larger than the Dime Registering Bank as described above, and while different in configuration it too represents an oak mantle or shelf clock of the same period. It too is a nickel plated finely detailed cast iron casting with paper dial, regular clock hands, and beveled glass. Fortunately the original paper label is intact on the back of this bank. We quote from this label as follows:
Time Lock Registering Bank For Dimes
The back section on which the paper label appears is finished in a heavy black enamel. The time period of the bank is approximately the same as that of the Registering Dime Savings Bank. Please note it is necessary to move the chute right and left to cause the action on the "Time" Registering Bank. The weight of the dime does not automatically move the hands as with the Registering Dime Savings Bank. Otherwise the operations of each bank are the same.
These two clock type banks make quite interesting additions to a collection of mechanicals. They have a rather different attractive appearance and are very difficult to find in the fine all original condition as the one pictured in Figure 1. The bank described in Figure 2 is not the one pictured. That is to say the bank pictured was in the writers collection but he recently upgraded it with the described one having the original paper label and in excellent all original condition.