Magic Coin Banks

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Project by gfadvm posted 07-26-2012 09:45 PM 5457 views 14 times favorited 23 comments Add to Favorites Watch

Someone posted a link to these in the April, 1996 issue of American Woodworker recently and I thought this would be a good bank for my granddaughter. You pull the drawer out, put a coin in the drawer, close it, and the coin drops into the box. The bottom is removable when you want to empty the bank. Dimensions: 3×5x3”. One on the left is Jatoba, the other is walnut and maple. Finished with several coats of wax. My pics made the box joints look terrible for some reason. But it was too hot out to retake them.

-- " I'll try to be nicer, if you'll try to be smarter" gfadvm

23 comments so far

View bobasaurus's profile


3531 posts in 3332 days

#1 posted 07-26-2012 09:50 PM

Hmm, the mechanism is interesting. Is the bottom piece of the tray spring loaded, to get pushed back when inserted into the main box?

-- Allen, Colorado (Instagram @bobasaurus_woodworking)

View SuburbanDon's profile


487 posts in 3142 days

#2 posted 07-26-2012 09:50 PM

They look good !

-- --- Measure twice, mis-cut, start over, repeat ---

View Roger's profile


20949 posts in 2952 days

#3 posted 07-26-2012 09:51 PM

Really nice Andy. Teach them to save when they are young. I think your box joints look jus fine

-- Roger from KY. Work/Play/Travel Safe. Keep your dust collector fed.

View eddie's profile


8565 posts in 2761 days

#4 posted 07-26-2012 09:54 PM

Andy those look great , like the Jatoba ,i got to learn to make these boxes ill try to find the plans ,im few doors down from ya in Louisiana so i under stand about the heat ,she will love it and learn to save too ,thanks for sharing

-- Jesus Is Alright with me

View Monte Pittman's profile

Monte Pittman

29878 posts in 2486 days

#5 posted 07-26-2012 09:58 PM

Looks good. I should make some also. How does the mechanism work?

-- Nature created it, I just assemble it.

View Granddaddy1's profile


182 posts in 2349 days

#6 posted 07-26-2012 10:11 PM

Looks great Andy. I’m sure your grand daughter will love it.

-- Ron Wilson - maker of fine firewood!

View Theron's profile


24 posts in 2379 days

#7 posted 07-26-2012 10:13 PM

Andy, they look great and the joints look tight – your just suffering from builder bias.

I built one of these for my son and told him that it was “magic” (he’s 5 years old). He jiggled the drawer till the brads finally gave out and I had to drill a hole and used a wire rod for the false bottom. I put a post office door on the front as he has not proved to be much of a saver.


-- Theron W., Enid, OK

View gfadvm's profile


14940 posts in 2838 days

#8 posted 07-26-2012 10:18 PM

The mechanism is really simple (no springs) but hard to explain. I’d post the link if I wasn’t so computer illiterate. Maybe I can e mail it to a buddy and get him to post it. Theron, I didn’t like the nail stop so I used a screw. Edit: my wife tried to post the link and failed. She said to just Google American Woodworker, 1996 and then go to Magic Coin Bank. I remain clueless!

-- " I'll try to be nicer, if you'll try to be smarter" gfadvm

View JL7's profile


8685 posts in 3113 days

#9 posted 07-26-2012 10:22 PM

These are really cool Andy….. they look great! Need to try this one!

-- Jeff .... Minnesota, USA

View DocSavage45's profile


8701 posts in 2990 days

#10 posted 07-26-2012 11:01 PM

Another fine journey into box making!

-- Cau Haus Designs, Thomas J. Tieffenbacher

View DonnyBahama's profile


215 posts in 2679 days

#11 posted 07-26-2012 11:33 PM

Great stuff, Andy!

Here’s the link if anyone wants it:

-- Founding member of the (un)Official LumberJock's Frugal Woodworking Society -

View LittlePaw's profile


1571 posts in 3226 days

#12 posted 07-26-2012 11:56 PM

Hey Andy, I didn’t know you build For Knoxes!! Well done!

-- LittlePAW - The sweetest sound in my shop, next to Mozart, is what a hand plane makes slicing a ribbon.

View Blackie_'s profile


4883 posts in 2660 days

#13 posted 07-27-2012 12:12 AM

They look nice Andy and I’m sure your grandaughter will love them.

-- Randy - If I'm not on LJ's then I'm making Saw Dust. Please feel free to visit my store location at

View lumberjoe's profile


2899 posts in 2396 days

#14 posted 07-27-2012 12:41 AM

These are awesome! What a fantastic idea


View gfadvm's profile


14940 posts in 2838 days

#15 posted 07-27-2012 12:43 AM

Hey Donny, Thanks for posting that link and good to hear from you. It’s been a LONG time.

-- " I'll try to be nicer, if you'll try to be smarter" gfadvm

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