1938 Louis Kriegsfeld Rotating Kids Bank

Sale price Price $ 1,200.00 Regular price Unit price  per 

Tax included.
1938 Louis Kriegsfeld Rotating Kids Bank

Size 9.5 x 7 cm

As the Depression lessened in the late 1930s, children began to receive coins again, and this bank taught them which was what and how quickly (or slowly) they added up. It has four coin compartments arranged in a circular formation, and each compartment has an opening for an American penny, nickel, dime, and quarter. At the bottom, the compartments can be closed or opened by twisting a disk of metal. No key is needed to open or use the bank. The patent for this bank was granted in November 1938, and the top says patent pending, so that means it was made before or around that date.

J. Chein & Company was an American toy manufacturer in business from 1903 through the 1980s. It is best remembered today for its mechanical toys made from stamped and lithographed tin produced from the 1930s through the 1950s.
Founded by Julius Chein in a loft in New York City, Chein's earliest toy production was a line of premiums for the Cracker Jacks snack line. The American Can Company provided the lithographic printing for Chein's early output until 1907 when Chein opened their own full production plant in Harrison, New Jersey. With their new facilities, they were able to produce piggy banks, noisemakers and model horse-drawn carriages. They also manufactured a number of toys under license from such companies as King Features Syndicate and Walt Disney Productions, producing Popeye, Felix the Cat and various Disney character toys.