Antique Cast Iron Mechanical Bank - Tammany Bank 1873
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No reserve. This is a cast iron working bank called Tammany Bank. . According to my reference book the bank was patented in 1873 on December 23. The patent date is stamped into the top of the chair on the reverse but is not all showing. T is a patent date on the coin cover that is February 2, 1875 and I was told that is standard by an expert. Height of the bank is 7 inches approx. and the width of the chair to tips of feet approximately 4 inches. Across the bank the width is approximately 3-1/4 inches. My reference sets the value as 50% paint - $250; 80% paint - $750; 90% paint - $3,000 and 98% paint - $7,500. Genuine old paint. T is allover paint loss. According to my reference an original bank would have gray pants on the sitting man and this one does. A coin is placed in the gentleman's hand and the weight of it causes the hand to drop the money in the pocket and the head nods. T is a 1937 penny in the bank. The name of the bank refers to scandals in New York city in which officials at Tammany Hall t took bribes for favors during the late 1900s. The paint on the base has some loss shown. T is paint loss on the politician's face and his clothing and legs and the chair. According to my reference, named below in the next paragraph, this bank was designed by a John Hall of Watertown, MA and it was manufactured by the J & E. Stevens
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