This mechanical coin bank is a small treasure from the Seattle Worlds Fair. The only way we know that it was from the Fair is the Century 21 Logo that was added to it. See it there towards the top.
It has a push button device that launches the coin up into the bank. The coin will slide up under the rocket head like a little missile. To help you visualize that I took a video of how it all works.
The bank was manufactured by Astro Mfg Co and was made in the USA. I found another blog that gave me some details of the bank which is a 1957 creation. Big thank you to collectorsweekly.com for this info:
The Guided Missile Bank, a Berzac Creation made by Astro Mfg, (patent filed by John Berzac in 1957.) John Berzac and his brother Steven left Duro Mold to start their own company, Astro Mold, in 1957. This bank most resembles a conventional rocket, and came in the 4 metallic shades as well as the blue-grey. While most were give-aways to persons opening new bank accounts, the much rarer gold versions were given to those who opened premium accounts. It came in two basic configurations: One with pegs on the fins to accommodate red rubber boots and one without the pegs, having a flat finish. This bank also was offered as an un-painted version which was designed to be “customized” by the buyer, complete with paper decals. The Missile Bank had a similar firing mechanism as the previous models, but the locking “plug” was actually the rocket nozzles at the bottom of the rocket. Produced just after the two Berzac brothers left Duro, over two million of these were sold worldwide as this new company’s debut model. Missile Banks with no sign of a label were more than likely salesman’s samples. A one-of-a-kind matte green model is in the possession of the Berzac family.
A Missile Bank which sat in president Kennedy’s Oval Office back in the day eventually ended up with his secretary and finally sold just last year at a Heritage auction for just over $1,900.





























