Dig This Treasure!

So again, the Plymouth auction treated us very kindly.  Remember all the way back in September when Zach bought a cast iron bank for $17?  It looked like this:

Well this guy had been living on our bookshelf since then, that is, until Zach did some research on it.  It turns out that this bank was made by the J & E Stevens company around 1872.  J & E Stevens are best known for making some of the earliest mechanical banks, which fetch incredible prices on ebay:

These mechanical banks are also some of the most faked out there, so be careful!  

J & E also made still banks though, and many looked like tiny safes.  Early versions opened with a skeleton key, and later the safes had combination locks.  

Zach bought our particular safe bank at the auction simply because he liked it.  This is an example of one of my 2013 antique buying strategies.  I’m going to buy things that I like, even if I plan to sell it.  If it doesn’t sell, I have something to keep that I like.  At the same time, chances are that if YOU like it, someone else out there might like it, and it will probably sell.  It’s a win-win.  

In this case, Zach bought something that not only he likes, but A LOT of people like.  And a lot of people collect.

Here’s what the bank sold for:

Can you believe it?  This was really exciting.  I’m not sure what he is going to do with the money, but I hope it involves buying like 20.88 more J & E Stevens banks at $17 each.  (Yes I did the math.)

And while you’re here, I’ll give you the duck decoy selling price I promised last week.  

I want to double my money on everything I sell, all day err day.

-Erin