Vintage Promotional Metal Coin Gas Pump Banks Sinclair Gasoline HC.

Vintage Promotional Metal Coin Gas Pump Banks Sinclair Gasoline HC.

U.S.A. 1950s

Size: 10 cm L x 5.5 cm W

Vintage 1950s Sinclair Gasoline promotional tin coin bank shaped like the famous Custom-Blended gas pump. Features original graphics, blend selector, dual nozzles, and coin slot. Great condition for its age.

SINCLAIR :

Sinclair Oil Corporation is an American petroleum corporation founded by Harry F. Sinclair on May 1, 1916. It is presently a subsidiary of HF Sinclair. The Sinclair Oil and Refining Corporation amalgamated the assets of 11 small petroleum companies. Originally a New York corporation, Sinclair Oil reincorporated in Wyoming in 1976.  The corporate logo featured the silhouette of a large green Brontosaurus dinosaur, based on the then-common idea that oil deposits beneath the earth came from the dead bodies of dinosaurs.

During September 1919, Harry Sinclair restructured Sinclair Oil and Refining Corporation, Sinclair Gulf Corporation, and 26 other related entities into Sinclair Consolidated Oil Corporation.  In 1932, this new entity was renamed Consolidated Oil Corporation. In 1943, it was renamed Sinclair Oil Corporation. Near the beginning of the Great Depression, Sinclair sold the remaining interest in its pipeline subsidiary to Standard Oil Company (Indiana) for US$72.5 million (Standard Oil had purchased a 50% interest in the pipeline subsidiary in 1921). With these funds, including an additional US$33.5 million from an additional common stock issue, Sinclair retired several promissory notes and prepared to weather the Depression with the remaining supply of cash.