Preliminary identification

Yale & Towne No. 326 Cast Iron and Bronze Padlock with Original Key

Photo reference

4 uploaded photos

Overview

This is a classic, heavy-duty antique padlock featuring a robust cast iron body with a bronze faceplate and shackle. It represents the pinnacle of early 20th-century American industrial security, complete with its original stamped flat steel Yale key.

Story

In 1868, Linus Yale Jr. revolutionized security with his pin-tumbler lock design. This specific No. 326 model was built to secure America's expanding railways, warehouses, and industrial hubs during a period of massive economic growth.

Maker / Origin

The Yale & Towne Manufacturing Company, founded by Linus Yale Jr. and Henry R. Towne, became the most famous name in lockmaking worldwide. Their innovative engineering set the global standard for security, transforming Stamford, Connecticut, into the 'Lock City' and securing everything from household doors to bank vaults.

Condition & Value

The padlock shows a beautiful, authentic aged patina with minor surface rust on the iron body and oxidation on the bronze plates. The mechanism is fully functional, and the key turns smoothly. This honest wear enhances its historical appeal without detracting from its value.

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.