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Technology ArticlePiggy Banks Piggy bank (sometimes penny bank or money box) is the traditional name of a coin accumulation and storage container; it is most often, but not exclusively, used by children. The piggy bank is known to collectors as a "still bank" as opposed to the "mechanical banks" popular in the early 20th century. These items are also often used by corporations for promotional purposes. Piggy banks are typically made of ceramic or porcelain, and serve as a pedagogical device to teach the rudiments of thrift and savings to children; money can be easily inserted, but in the traditional type of bank the pig must be broken open for it to be retrieved. Most modern piggy banks, however, have a rubber plug located on the underside; others are made of vinyl and have a removable nose for easy coin access. Some piggy banks incorporate electronic systems which calculate the amount of money deposited. The general use of piggy banks is to store loose change in a quaint, decorative manner. These containers may serve other uses, such as functioning as swear jars or a hiding places for domestic contraband such as cigarettes, drugs or condoms. Modern piggy banks are not limited to the likeness of pigs, and may come in a range of animal shapes, sizes and colours. Many times a family could empty spare change into one and then split the coins when the bank is full. Many people collect piggy banks as a hobby. Wikipedia Disclaimer Above information is from wikipedia and is freely distributed under the GNU license Also See: All Articles |