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COIN BANK

  • three16ths
  • Dec 27, 2019
  • 2 min read

Updated: Jan 10, 2021

Every year our Woodworkers Guild makes wooden gifts to hand out to needy children at Christmas time. I always try to come up with ideas that can be welcomed by either boys or girls. This year I decided to make some banks.

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I glued two 2x6s together to make the bank 3” deep.

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With carbon paper, I traced out the shape I wanted, onto the 2×6.

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With a bandsaw, I cut out the shape. I didn’t cut the mouth, out at this time yet.

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With a bandsaw again, I then sliced ¼” off the back side. Then I cut out the belly of the whale, and at the same time, cutting the coin slot on the top.

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Now you want to do the finish sanding on the inside of the coin compartment, using a spindle sander. Then glue the ¼” slice back on. Don’t attempt to sand the back slice before gluing it back on. If you did, it wouldn’t fit tight, when gluing it back on to the body.

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After gluing the back side on, you can now cut out the mouth, then sand it all, run a small roundover router bit on all the edges, and put your favorite finish on it.


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To make the coin access under the whale, I used a 1 3/8” forstner bit, on the drill press, drilling it in until I could barely see the center point of the bit poke through the inside. Then I finished out the hole with a 1 1/8” hole saw. This left a 1/8” shoulder to hold the 1 ¼” dowel that I used for a plug. Using a 1 ¼” forstner bit I recessed a hole for some 1” fender washers to hold the plug in place. By slicing off a side of the washer, you don’t have to completely remove the washer in order to remove the plug.

I used the bandsaw to cut the acrylic. Then sanded the edges smooth with a belt sander. When drilling the screw holes in acrylic, don’t push the bit while drilling. Just take your time and let the drill bit melt its way through. Then after a few seconds, when the acrylic cools and hardens again, run the bit through the hole again, to clean the hole out.

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I used this project to experiment with different finishes, since they didn’t have to match at all.

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