This is a cast iron mechanical bank that measures 8 3/4" long and 3 1/4" wide. When you place a coin in the wedge in front of the golfer and press the button spring behind the caddy, the caddy raises the pin (flag) and the golfer putts the coin into the hole.
The "Birdie Putt" medallion in the center of the bank can be removed as it is only attached by a bent wire. On the side of this medallion is the number "2216." This number is also written with a sharpie marker on the top of the inside panel of the bank. Other than that, the bank has no markings.
The bank itself appears to be in great condition and is coated with a thick paint. The number 18 on the flag is embossed on both sides. The bank appears to be complete with the exception of one of the club-heads in the caddy's bag. I believe there is supposed to be 3 total, however this piece only has 2. I assume this is because it broke off sometime in the past, as the clubs seem to be made from very soft lead.
I have done a bit of research on this piece, but have found very little. Ebay sells obvious reproductions and new casts, but rarely an original piece. Fortunately, after visiting Kovels.com and MechanicalBanks.org, I was able to dig up some information. This bank was either produced in the 1950s by Richard Toys or in the 1970s by Utexiqual (Kenton?). Similar banks have been appraised at $375 for the Richard Toys model, and $115 for the Utexiqual model.
I would like to find out the possible value and history of this item. Any information you may be able to provide is appreciated.