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1910 Automatic Stamp Receiving Teller

co9-28-14a - SOLD


Automatic Stamp Receiving Teller

  • Circa 1910
  • The Washington Trust Co.  Automatic Receiving Teller
  • Takes Pennies, Nickels, Dimes and Quarters
  • "Thrift Automatic Receiving Teller System" Stamped #4758 Saginaw, MI U.S.A.
  • These machines were designed to look llke mini bank buildings
  • Had been used in schools into the 1930s to encourage saving habits
  • Place a coin in the slot, push in the lever and a stamp is dispensed
  • The children would paste the stamp in their book and redeem at a banking institution.

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