Antique (1900-1929) Money Box The Colonial Banking and Trust Company Limited In Very Good Condition!
Secondhand
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R30.00
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R391.00
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Antique (1900-1929) Money Box The Colonial Banking and Trust Company Limited In Very Good Condition
ON AUCTION IS AN OVAL MONEY SAFE (ALSO KNOWN AS A MONEY BANK) GIVEN TO CUSTOMERS BY THE JOHANNESBURG HEAD OFFICE BRANCH OF THE COLONIAL BANKING AND TRUST COMPANY LIMITED.
THIS ONE, NUMBERED 106 193, IS IN ITS ORIGINAL BOX. MADE IN ENGLAND BY THE AUTOMATIC RECORDING SAFE CO LTD IN LONDON - THEY MADE MONEY BOXES FOR OTHER BANKS IN SOUTH AFRICA AS WELL AT THAT TIME. WITH THE REGISTERED DESIGN NUMBER 729 254 AND THE PATENT NUMBER 168 828 DATED 11 JUNE 1921.
IT HAS COIN SLOTS FOR THREE PENCE; SIX PENCE; PENNIES; HALF CROWNS AND SHILLINGS. NOTES WAS TO BE INSERTED ON THE BOTTOM. IN 1961 THE METRIC COIN SYSTEM WAS ADOPTED IN SA. NO KEYS - YOU NEVER GOT THEM - THEY WAS HELD BY THE BANK WHEN YOUR BOX WAS FULL YOU WENT TO THE BANK THEY OPENED IT DEPOSIT YOUR MONEY RETURN AN EMPTY MONEY BOX TO REFILL.
FOR ITS AGE THE CONDITION IS EXCELLENT IT APPEARS TO HAVE BEEN HARDLY USED. HEIGHT 58 MM; WIDTH 95 MM; DEPTH 46 MM.
COLONIAL BANKING AND TRUST COMPANY (1900-1929): The Colonial Trust Company was established in May 1900. It was formed by a handful of local capitalists including the likes of William McIlvain, John Barbey, Frank Lauer, E. W. Alexander, B. F. Owen, S.B. Keppel, Walter Rigg, and Howard Saylor. They opened for business officially in August 1900 and Louis F. Kraemer was the companys first president. The company initially conducted business out of the Hoff building which was located at 15N 5th Street Johannesburg nearly across the street from the northwest corner of 5th and Penn where they would build an impressive new structure that would form there head office. The Colonial Trust Company enjoyed many prosperous decades in business. It eventually boasted large electrical lettering along the top of the building spelling out COLONIAL, adding to its prominence as a main feature of Penn Street. On New Years Eve 1929 the Colonial Trust Company announced that it would be beginning the new decade by merging with Northeastern Trust Company, located at 9th & Spring Streets and would now be called the Colonial-Northeastern Trust Company. By 1940 the company merged again with the Berks County Trust Company. It seems like all of the once independent banking institutions began consolidating. Berks County Trust Company went on to become American Bank, and then Meridian.
PLEASE ALSO SEE MY OTHER ITEMS LISTED. I HAVE SOME INTERESTING ITEMS ON AUCTION THIS WEEK. COPY THE URL UNDERNEATH AND PASTE INTO GOOGLE AND IT WILL TAKE YOU DIRECTLY TO ALL MY LISTINGS THIS WEEK. NOTE ALL MY AUCTIONS END AT 22H30 SO IT IS ADVISABLE TO PUT IN AN AUTOMATIC BID (HIGHEST PRICE YOU ARE WILLING TO PAY) EARLY. HTTPS://WWW.BIDORBUY.CO.ZA/SELLER/3685641/ERNREX1545