Important American Furniture, Paintings, Folk Art and Decorative Arts – January 22, 2013 Auction Results

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Lot 128

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"Professor Pug Frogs" Cast Iron Mechanical Bank

J. & E. Stevens Company
Cromwell, Connecticut, circa 1886
This bank, designed by Charles A. Bailey (1848-1926) for J. & E. Stevens Company, operates by placing a coin on the rear of the bicycle. The frog then circles the base and drops the coin into the basket. This rare bank retains much of its original paint and is in working condition.

Literature: F. H. Griffith, ÒProfessor Pug FrogÕs Great Bicycle FeatÓ, HOBBIES Magazine, January 1953.

Estimate: $10,000 - $15,000

Collectors Joanne and Jeffrey Klein enjoy the eclectic mix of American folk art, painted furniture and modern sculpture and paintings. They love the juxtaposition of modern with traditional ranging from symbolism to widely varying textured painted and weathered surfaces. Their appreciation of form, color and texture is exhibited in their collection of exceptional painted furniture, weathervanes, redware pottery, hooked rugs and wood carvings.

Condition: Losses to paint. There is no inpainting.