Presto Bank Mechanical Bank
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Description
The "Presto" bank was advertised in an 1892 issue of Marshall Fields and Company catalog. It was referred to as the "Presto Trick Bank," presumably because of its action: place a coin into the drawer; close the drawer shut; open the drawer once again and, PRESTO, the coin has disappeared! To date, the bank's designer and manufacturer remain anonymous. However, similarities in casting, form, key lock coin retainer shape, and painted decoration have led collectors and historians to the belief that the "Presto" bank may have been a product of the Kyser and Rex Company of Frankford, Pennsylvania.
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Presto Bank Mechanical Bank
Estimate $300 - $400
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