Preliminary identification

Arcade Manufacturing Co. Cast Iron Policeman Still Bank

Photo reference

2 uploaded photos

Overview

A classic early 20th-century cast iron still bank depicting a stern-faced policeman in a double-breasted uniform. This heavy, two-part sand-cast figure features its original blue and flesh-toned painted finish and bears the prominent raised 'ARCADE' maker's mark on its back.

Story

Introduced during a golden age of American thrift, this heavy iron policeman stood guard over children's pennies. His stern face and double-breasted coat served as a visual reminder of security and civic duty in the 1920s.

Maker / Origin

Founded in 1885, the Arcade Manufacturing Company of Freeport, Illinois, transitioned from making small household hardware to becoming one of America's premier producers of cast iron toys and still banks. Famous for their incredible attention to detail and robust construction, Arcade's toys became household staples until the company shifted to defense production during World War II.

Condition & Value

The bank shows moderate to heavy paint loss and surface oxidation consistent with age and play wear, but retains a good portion of its original blue and flesh-toned paint. There are no apparent cracks or chips in the cast iron itself. The authentic wear actually helps verify its age against modern reproductions.

Full Research

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Sold comps, value drivers, and venue guidance pulled from recent auction results.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.