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18th October 2022 - Richard Philips

The Buck Stops Here - A History of Moneyboxes

 

Biggar Probus Club met for its second meeting of its autumn session on 18 October 2022.

We welcomed back Richard Phillips from Penicuik, who gave us his latest presentation on      “ The Buck Stops Here – A History of Money Boxes”.  Richard’s interest in money boxes has developed from his passion for locks and security - he has previously spoken to us on these subjects.

The earliest known moneyboxes found by archaeologists in Britain date from the second century BC  - these are flint balls with natural holes in them, inside which gold coins were secreted. Even earlier pottery containers were made by the Greeks and Romans to store coins safely.

By the Middle Ages metal safes were being used to store valuable items including coins and more portable versions became the money boxes we are familiar with. Until the 19th century they were mainly used for safe storage of wealth, but they then evolved as an advertising vehicle for banks, building societies and other businesses, and into the 20th century they became a way of encouraging children to save money.

Today’s moneyboxes have evolved from mechanical boxes to incorporate electronic combination locks. They include commemorative and novelty items and, perhaps more familiarly, the home banks issued by building societies and banks.

Part of the story is social, in particular it charts the changing position of children in the family; and part it is technological, showing how the arrival of new materials and production methods takes forward the development of everyday objects. Richard illustrated these themes with an extensive collection of photos and moving images.

Richard brought several moneyboxes from his own collection, some of which had working mechanisms which were demonstrated and examined by the audience. This was a fascinating presentation of a subject we often overlook because of its familiarity.

The next meeting is on Tuesday 1 November in Biggar Municipal Hall at 10.00 when our speaker will be Roy Johnstone on the Rise and Fall of Napoleon.

All are welcome

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