The Auction at Graceland•Elvis Week•August 12, 2018
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This lot is closed for bidding. Bidding ended on 8/12/2018
During the middle ages, dishes and containers were made from an orange-toned clay called pygg. People would use these containers to keep and store their coins or change and therefore were referred to as a pygg pots. Over the centuries this morphed into what has become known as the piggy bank, a pig-shaped vessel after the origins of the term for the container. As the popularity of this as a means of saving small change increased, the construction of these little banks evolved into every conceivable shape and material.

Offered is an example of a bank once owned by Elvis that mimics the models of early electric cars. In the 1910s, barely a decade after the first mass-produced automobile, these electric vehicles were being manufactured by several makers, including Baker, Milburn, Detroit Electric, Rauch & Lang, and Waverly. This metal electric-car-shaped bank, with front and back license plates reading “1910” and Baker Electric marking on the back, is appropriately printed with the name of the promoting bank on the top. The coin slot in the bottom locked panel contains metal teeth to capture the coins being inserted. This comes with a letter from Nancy Rooks, dated March 6, 2002 that reads in part, “This replica old car bank once belonged to Elvis Presley. It was kept on the ‘whatnot’ shelf in Elvis’ office when he was alive. ... Because this car bank was broken, it was given to me, Elvis’ maid.” The electric car bank also comes with a letter from Marcia Eckstein, the woman who acquired the bank from Nancy Rooks, and a letter dated 2002 from a more recent owner. The later letter mentions obtaining the bank along with a piece of TCB stationery that is also included. The top of the bank is stamped by “Wayne Federal Savings & Loan Association” with a listing of several of their branch locations. Two have worn off, but “Wayne” and “Ypsilanti” are still visible. Both cities are outside Ann Arbor, MI, so this little bank made quite a road trip to end up in Elvis’ office. The bank is offered with a blank sheet of Elvis’ personal TCB letterhead that measures 10 1/2 by 7 1/4 inches (26.67 x 18.41 cm), a smaller size that is typically referred to as “executive” letterhead, differentiating it from standard size sheets. The bank measures 3 1/2 by 5 by 2 inches (8.89 x 12.7 x 5.08 cm) and is accompanied by a letter of authenticity from Graceland Authenticated.

The bank is missing its front axle and wheels. One wheel has been added, with half an axle. The bank exhibits oxidation in small areas on all sides with some scuffing and scratches. Very Good to Excellent condition.
Elvis Presley Owned Metal Car-Shaped Bank Gifted to Graceland Maid Nancy Rooks – Plus Sheet of Elvis’ TCB Letterhead
Current Bidding (Reserve Has Been Met)
Minimum Bid: $500.00
Final prices include buyers premium.: $1,187.50
Estimate: $1,000 - $2,000
Number Bids: 12
Auction closed on Sunday, August 12, 2018.
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