1968 “Cat Boat” Mechanical Toy Penny Bank

1968 “Cat Boat” Mechanical Toy Penny Bank. This bank was manufactured by the Utexiqual Products Company in Moorestown, News Jersey, circa 1968. In all original condition, this vintage mechanical bank appeals to sailing enthusiasts and bank collectors; perhaps a collector of "cat" memorabelia as well. The theme depicts 2 sailors riding their boat in full sail. To operate, (with the lever pushed all the way in from the left); place a coin vertically above the left arm of the sailor in red; from the right; push the lever all the way in. The sail and Boom hits the sailor, knocking him over as the coin drops into the bank. The other sailor moves forward while manning the tiller. The bank is named "Cat Boat" after the life preserver hanging on the side of the boat and in recognition of the smiling cat image on the face of the sail. Approximate measurements: Length 11” Height 12 5/8” Width 5 1/2” Color(s) may vary due to different lighting and variations on cellphones/monitors.