Original Cast Iron Magician Mechanical Bank Circa 1901: Designed by virtuoso bank inventor Charles A. Bailey for Cromwell, Connecticuts J. Stevens Company, the Magician Bank is based on the timeless vanishing rabbit trick. When one places a coin under the magicians top hat and presses the lever, the hat covers the coin, and the coin magically disappears, sliding down a cleverly designed (and hard to detect) chute. Upon the levers release, the magician raises his hat, revealing an empty table. This ingenious optical illusion was sure to delight its young turn of the century owners and help them save their change for that proverbial rainy day. The highly desirable Magician Bank is difficult to find in any condition, and because it was not primed at the factory, most extant examples have heavy paint loss, especially to the figures face. The item “Antique J&E Stevens Magician Mechanical Cast Iron Bank” is in sale since Friday, May 06, 2016. This item is in the category “Collectibles\Banks, Registers & Vending\Mechanical Banks”. The seller is “notlabeled” and is located in Las Vegas, Nevada. This item can be shipped to United States.