Banks & Toys Bring $1,998,000 At RSL Auction

WHITEHOUSE STATION, N.J. — “We were shooting for the $2 million mark, but fell just $2,000 short,” Leon Weiss, the “L” of RSL Auctions said two days following the important sale on Saturday, June 7. A full gallery was on hand to bid on the 696 lots, sold under the direction of auctioneer Richard Opfer. According to Leon, about 80 to 85 world records were set, including the two banks pictured.

A good portion of the still banks in the sale was from the well-known collection of Andy and Susan Moore, including lot 32, The Circuit Rider. This bank, one of only two known, dated circa 1890 and carried a high estimate of $25,000. It sold for $39,600.

Topping the mechanical banks was lot 368, Germania Exchange Bank by J&E Stevens Company, Cromwell, Conn. It is of cast iron, lead and tin, and has long been valued as one of the rarest and most engagingly dynamic banks ever produced. The provenance lists Robert Brady Collection and the estimate of $55/75,000 was passed when it sold for $90,000. Both prices include the buyer’s premium.

A complete report on the sale will appear in next week’s paper.

—RSS

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