The Karpark Corp Cincinnati Penny Nickel Parking Meter

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  • Item Category: Transportation and Vehicles
  • Source: eBay
  • Sold Date: Oct 15, 2007
  • Channel: Auction House
STORED SINCE THE 1960'S "This is just a combination of an alarm clock and a slot machine which is being used for further socking the motorist, who is already paying enough in taxes," decried William Gottlieb of the Automobile Club of New York when the parking meter started appearing on main street America in 1935. The so called "gypometers" celebrated their Platinum (75th) anniversary in 2007. WOW, is your opportunity to own a piece of automotive history in the form of a single head pre-1950 penny/nickel parking meter made by The Karpark Corp. of Cincinnati, Ohio. It appears to be the vaunted steel head "Superior" model that earned the company its reputation for the highest quality parking meter. The model employs a heavy solid brass clock mechanism, sturdy pendulum escapement; machine cut gears and pinions, stainless steel shafts, and theft proof housings. This was considered the most dependable, trouble free and reliable unit on the market in its day. The sight glasses are clear Lexan plastic. These units take a penny for each 12 minutes of time or 60 minutes for a nickel - two hour maximum. They came out of the town of Elwood, Indiana. It measures 15 1/2" tall and weighs about 15 pounds. Heavy cast iron construction with nickel plated brass instruction plates. I do not have the keys. The mechanism is wound down and while it appears to be functional, t is no way to be sure un ... read more