Punch And Judy Bank. The “Punch and Judy” was manufactured by Patent No. 302,039 issued to Charles G. Shepard and Peter Adams, Jr. On July 22, 1884. The Theme of the bank was based on characters originated in Italy. Punch was known as Polcinella at that time. By the 1650’s he had reached Europe and England. He was then being called Punchinello, or Punch. As late as 1742, when a puppet show was advertised in Philadelphia, Punch’s wife was known as Joan. In early part of 1800’s she had become Judy. There are two levers on the blank. Pull out the top lever to set the figures. Place a coin on the tray, press the lower lever and Judy turn backs to deposit the coin. Simultaneously, Punch tries to hit her with his stick. Fragile Points :- Check the Punch arm and club.