What to Look for in a Piggy Bank

Category: Piggy Banks

The Piggy Bank Legacy

The Piggy Bank – Then And Now
The piggy bank was originally created of teaching youngsters how to save money. No doubt, the very first piggy banks were fashioned from crude clay known as “pygg,” that evolved over time into “pig.” These banks are an amusing way to help children “fatten” their savings. In the historical vernacular, “pygg” is the Middle English spelling of the word “pig” as we know it today.

Originally, the only way to open a piggy bank, was, unfortunately, to crack it open with a hammer. This was long before the idea of a hole designed with an round cap, inserted in the belly of the piggy bank, helped remove coins. To the great delight of the child saving for a new doll or bicycle, cracking open their piggy bank was a veritable celebration managed with all the flair of spectacular parade. For the child’s parents, it was a significant achievement in teaching their child the value of saving money.

Household Object d’art
Over time, piggy banks became part of household object d’art. Some were made from fine ceramic, cut crystal, porcelain or lesser quality glass, often in the iconic pink color. Piggy banks served another important purpose – to save loose change. It didn’t hurt that when loose change filled the porcine vessel, it could be spent or transferred to a savings account for a rainy day. It didn’t take long before piggy banks became collector’s items. Depending on the quality, antiquity and prestige of the artisan or manufacturer of the piggy bank, it’s noteworthy to say that the term “piggy bank” began to apply to any container that was used to store excess coins.

Piggy Bank – Money Boxes
The agelessness of storing coins in an ornate plate can be traced to the Romans in 2 AD. There are piggy banks of antiquity from Indonesia that resemble a wild boar believed to be created around the 15th century. The most famous is known as the Majapahit in beautiful terra cotta. In the Pike Place Market in Seattle Washington, visitors can find what is likely to be the largest piggy bank named “Rachel”, the market place’s mascot designed and created by artist Georgia Gerber, a local, who named it after a pig on a nearby island farm, also named “Rachel”.

Piggy Bank Collectors
For collectors of piggy banks, the most valuable are those that remain flawless and are designed by prestigious artists. Today’s piggy banks may not necessarily be shaped into the familiar pig design. Any shape animal suffices as a “piggy bank” and the materials can be plastic or metal. Piggy banks are fun to collect. They make wonderful gifts for just about anyone.

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