The motto of the American Numismatic Society is Parva Ne Pereant—“So the Small May Not Perish.” In the world of numismatics, it is the superstar coins that often grab all the attention—Eid Mar denarii, Brasher Doubloons, etc. The ANS has even produced several wonderful videos about these great (some would even say “greatest”) coins, now available for viewing on our YouTube page. But what about those “small” objects without the more well-known fantastic backstories? As the ANS continues to make duplicates from its collection available on its official eBay store some buyers have reached out to share their excitement over auction items they have won from the ANS, proving that even those seemingly pedestrian numismatic objects can be monumentally important to a particular collector depending on their interests.
One such object is a parking token from the Kings Highway Savings Bank in Brooklyn, New York. The ANS has a large and diverse array of transportation tokens, many of which have yet to be cataloged, and this particular parking token duplicate could be of interest to any number of collectors, perhaps those that collect bank-related items, parking tokens specifically, or numismatic objects related to specific roadways or highways. In this instance, the buyer happens to live just minutes from the bank in question, although the bank itself is long gone, and only the building remains.
The Kings Highway Savings Bank was a mutual savings bank founded in 1923 with William R. Bayes as its president, and stood at the southeast corner of East 16th St. and Kings Highway, situated between the Brooklyn neighborhoods of Midwood and Sheepshead Bay. There appeared to be several branches at one point, with this location (built in 1929) functioning as the main branch. Although the name of the bank is no longer visible on the facade, the building itself remains quite intact, and has hosted several different banks since then, most recently an HSBC branch that also appears to have vacated since the COVID-19 pandemic began. Despite the name of the original bank disappearing from the side of the building, the original doors are still there, and retain the seal or logo of the Kings Highway Savings Bank, as evidenced by the photos provided by the winner of the parking token in question.
The lucky bidder also provided this photograph of their new token in front of the old Kings Highway Savings Bank building, very much mirroring—intentionally or unintentionally—the other historic photos of the bank pictured in this blog post, right down to the car parked in the lower right corner of each photo. Furthermore, it is not entirely clear how this parking token was used, as there is no extant parking lot attached to the building, and it is in fact a very busy intersection with limited street parking today. Perhaps there was a nearby lot that patrons of the Kings Highway Savings Bank could park at, and if conducting legitimate bank business, would receive this parking token as a voucher for parking validation, and deposit it upon exiting to avoid paying the usual parking rate.
Is this story of a simple savings bank and its corresponding parking token “great”? Perhaps not in the grand scheme of things, but it is important to the person who now owns this token, and the purpose of the ANS is to house and maintain a repository of as many of these “small” historical objects as possible, so that they may not perish. It may also interest the reader to know that the Kings Highway Savings Bank is just one of many savings banks in southern Brooklyn whose original inhabitants have long departed, but whose historical buildings still remain. More can be found in this NYC Explorer blog post of 2014.
In other numismatic news, the American Numismatic Society held its annual Gala on Thursday, January 14, and it was also the first virtual Gala hosted by the Society. This format allowed for a greater number participants regardless of their location or time zone, and was a considerable success thanks to the hard work of everyone involved. This year’s Gala honored ANS benefactors Mark and Lottie Salton, and was a moving tribute to their lifelong involvement in the numismatic community. If you were not able to attend the Gala in real-time, do not fret; the ANS has posted the event in full to our YouTube page and we encourage you to watch the video to learn more about the lives of Mark and Lottie Salton, hear their stories, and discover how their gifts to the ANS have positively impacted the field of numismatics.