A fun moneybox.

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Project by ruddy posted 1371 days ago 4842 views 71 times favorited 25 comments Add to Favorites Watch

I made this money box a couple of years ago from some Australian Cedar and West Australian Sheoak that I had available. The top and base is from the Sheoak and the side walls are the cedar. I think the splines were from wenge, I just liked the contrast the very dark wood gives to the appearance.
This design came from and idea I had using very strong rare earth magnets. You can see when the drawer is closed the front face is flush with no handle on the drawer.When the pusher is depressed on the lid, the magnets make the drawer open quickly and the drawer has a space to insert the coins. The pusher handle auotomatically returns to the start position. When the drawer is then closed, the coins automaticaly disappear into the box. The drawer is trapped shut by the magnets. Every time you open the drawer out, the coins have gone. The kids love it…...
The base is screwed to the body with metal thread screws and inserts and when it is full, the grandkids raid it …...

-- And my head I'd be a scratchin'

25 comments so far

View rivergirl's profile


3198 posts in 1463 days

#1 posted 1371 days ago

This looks so fun! And you’re right- the kids would love it!

-- Homer : "Oh, and how is education supposed to make me feel smarter? Besides, every time I learn something new, it pushes some old stuff out of my brain."

View Ken90712's profile


14878 posts in 1813 days

#2 posted 1371 days ago

Very cool, pretty neat piggy bank indeed! Love the colors.

-- Ken, "Everyday above ground is a good day!"

View littlecope's profile


2894 posts in 2126 days

#3 posted 1371 days ago

Fun Stuff, Ruddy!! Do you have any pre-assembly pix? I’d enjoy seeing the “Action” on this…
Well Done, my Friend!!

-- Mike in Concord, NH---Unpleasant tasks are simply worthy challenges to improve skills.

View rkoorman's profile


370 posts in 1449 days

#4 posted 1371 days ago

that’s a nice christmas gift for my daughter. i just cant understand how the box works. can you shed a little light on this problem??

thanks a lot


woodworker from the netherlands


View Eric_S's profile


1521 posts in 1820 days

#5 posted 1371 days ago

So they have to break that beautiful box when they want to retrieve money after saving up for something? Or is there a way to remove money without destroying such a nice piece?

-- - Eric Indianapolis, IN

View Maveric777's profile


2690 posts in 1701 days

#6 posted 1371 days ago

Pretty nifty bank Ruddy. Good stuff, and I bet the Grand kids just love it….

-- Dan ~ Texarkana, Tx.

View Cozmo35's profile


2198 posts in 1660 days

#7 posted 1371 days ago

As Autumn said, “You have to give us the plans for this.” This is an awesome project!

-- If you don't work, you don't eat!.....Garland, TX

View sras's profile


3813 posts in 1754 days

#8 posted 1371 days ago

Excellent idea! If I have this right, you are using 3 magnets – 1 on the drawer and 2 on the pusher. When the pusher is up, a magnet on the pusher holds the drawer closed. When the pusher is down, a 2nd magnet with reversed polarity pushes the drawer out. A spring holds the pusher up. Very clever!

-- Steve - Impatience is Expensive

View Paul's profile


213 posts in 2076 days

#9 posted 1371 days ago

How are the coins not falling through when the draw is opened and then allowing them to fall when it is closed?
How did you work that out?

View Eagle1's profile


2066 posts in 1689 days

#10 posted 1371 days ago

Very neat Idea..

-- Tim, Missouri ....Inside every older person is a younger person wondering what the heck happened

View JJohnston's profile


1577 posts in 1916 days

#11 posted 1371 days ago

If I’m seeing things correctly, there’s a small pin running laterally at the bottom, front of the drawer. When the drawer is open, the bottom of the opening pushes the drawer bottom up to hold the coins. When the drawer goes in, the bottom can pivot downward on the pin to drop the coins.

-- "Sorry I'm late. Somebody tampered with my brakes." "You should have been early, then."

View falegniam's profile


333 posts in 1577 days

#12 posted 1371 days ago

Nice idea, and it looks great. Would it be possible to upload a short video of the box in action? Maybe include your grandkids :)

-- If you work you eat - If you don't work, you eat, drink, and sleep.

View mcoyfrog's profile


3028 posts in 2219 days

#13 posted 1371 days ago

Great design

-- Wood and Glass they kick (well you know) Have a great day - Dug

View woody57's profile


645 posts in 2052 days

#14 posted 1371 days ago

very nice

-- Emmett, from Georgia

View Jamie Speirs's profile

Jamie Speirs

4109 posts in 1481 days

#15 posted 1371 days ago

Ruddy that is sheer brilliance.


-- Who is the happiest of men? He who values the merits of others, and in their pleasure takes joy, even as though 'twere his own. --Johann Wolfgang von Goethe

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