Twisted tale: the great piggy bank mystery (2024)

On first inspection, the pig would seem a strange choice as a global symbol for good luck, fertility and prosperity.

The pig’s renowned poor personal hygiene and questionable diet don’t make it unloveable, of course. But with the majesty of the world’s menagerie on offer, you might think humans would choose a cute hoarder, such as a squirrel, or a creature with more pleasant attributes, such as a goose, chicken or anything theoretically capable of laying a golden egg.

But, no – the pig remains synonymous with luck and wealth. With February 5 marking the beginning of the Year of the Pig on the Chinese calendar, it’s worth considering how the humble porcine became a symbol of good fortune.

The modern concept of the “piggy bank”, first popularised in the United States in the early 20th century, has a lot to do with this reputation. But even the direct connection between pigs and money is curious. It remains a mystery how grunty little piggies became associated with small, personalised coin receptacles.

The first thing to acknowledge is that people have used “money banks” since ancient times. They were typically made with a coin slot in the top to encourage saving and discourage theft. They were made cheaply, too, because the only way to get the coins was by literally “breaking the bank”.

Many examples of money banks exist today from the ancient East, and they are often shaped like wild boars. The most famous of these terracotta piggy banks are from the Indonesian island of Java and dated from the Majapahit empire that ruled for just over 200 years from 1293. It’s believed the Javanese used these slotted vessels to store Chinese copper coins.

Twisted tale: the great piggy bank mystery (2)

Like its modern porcine cousin, Indonesia’s wild boar (or “celeng”) is fertile and loves eating and wallowing in mud. Many in the East believe boars were chosen as a symbol of prosperity because of their big round bellies and connection with Earth’s spirits.

The story of how piggy banks became part of Western culture is more muddied. One theory is that Italian Franciscan friar Oderico of Pordenone, perhaps the only Westerner in the Majapahit court in the 14th century, brought the idea back home with him. A more popular story is that piggy banks evolved through a coincidence … and a quirk of the evolving English language.

According to Charles Panati’s 1989 book, The Extraordinary Origins of Everyday Things, metal was scarce and expensive during the Middle Ages, so Western Europeans made dishes and pots out of an orange clay called “pygg”. “Frugal people then as now saved cash in kitchen pots and jars,” Panati writes. “A ‘pygg jar’ was not yet shaped like a pig. But the name persisted as the clay was forgotten.”

It seems that even though “pygg” would have been pronounced “pug” by locals in the Middle Ages, language conventions changed and it eventually sounded like “pig”. “Potters, not usually etymologists, simply cast the bank in the shape of its common, everyday name,” Panati writes. It’s said that by the 18th century “pygg bank” became “pig bank” and then “piggy bank”.

After being trotted out in Panati’s 1989 book, numerous clickbait stories fed the unproven theory to the hungry internet. Soon the tale of the orange claypot, coin-munching Miss Piggy hogged the limelight and became the established origin story.

Many believe, however, that someone has been telling porkies; that the “pygg” theory is baloney. One etymological site, World Wide Words, says there was no such thing as clay called “pygg” – orange or any other colour. It even suggests the word “pig” was used from about 1450 to describe general earthenware products. “[This might] have been influenced by the animal sense of pig, because a few items, such as ceramic hot-water bottles, are smoothly rounded like a pig’s body and have indeed been called ‘pigs’.”

The site offers an alternative theory. “Scots named their coin banks ‘pirly pigs’, probably from the older Scots [word] ‘pyrl’, to thrust or poke, suggesting the action of inserting a coin,” it says. “The pig refers not to their shape but to the class of earthenware items to which they belonged.”

Whatever the etymology, the large flow of German migrants to the US in the 19th century helped popularise the way we see piggy banks today. “Money boxes in the shape of pigs are known much earlier from [Germany] and elsewhere in continental Europe,” World Wide Words says. “It’s claimed that the shape was suggested through an old idea that the pig was a symbol of fertility and frugality.”

The respect and affection Europeans have for pigs are beyond dispute. Someone who gets lucky in German is still said to have “schwein gehabt” (“got pig!”). Instead of referring to someone being a “lucky duck”, Germans say “glücksschwein” – “lucky pig”. Pig-shaped “good luck” candy is a popular gift in northern Europe. Scandanavians, too, have their own ways of calling lucky people “pigs”.

Pigs hold a special place in Irish hearts, too. In pre-famine Ireland, pigs were called “the gentleman who pays the rent” because raising and selling a pig was the primary means for a family to earn enough money to pay its dues on potato plots. Befitting their elevated status at that time, many pigs slept near children in their own straw bed.

Lucky pigs indeed.

Twisted tale: the great piggy bank mystery (2024)

FAQs

What is the piggy bank theory? ›

One popular (but unproven) theory about how piggy banks came to be relies on stories about the old English word “pygg.” According to some, pygg was a type of earthenware clay used to make everything from plates to water vessels.

Why is the piggy bank pig? ›

AT ONE time, people used to keep their money in pots made of a type of earthenware called pigge. These so-called 'pigge banks' were not at first made in the shape of pigs, but presumably some manufacturer thought it was funny to do so. Peter Morris, Norwich.

Is it a penny bank or piggy bank? ›

Piggy bank (sometimes penny bank or money box) is the traditional name of a coin container normally 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.

What does the piggy bank mean in China? ›

This type of bank is very popular in China because it is believed to bring good luck and fortune. The red characters on either side of the pig roughly translates to "bring in wealth and treasure," while its golden color symbolizes prosperity.

What does a piggy bank symbolize? ›

In some European countries, such as Germany and the Netherlands, the pig represents luck and good fortune. So it's customary to gift people with a piggy bank as a symbol of prosperity. Piggy banks arrived and became popular in the U.S. during the 19th century, when there was an influx of Germans entering the U.S.

What is the piggy bank metaphor? ›

The Emotional Piggy Bank analogy looks at how we can deposit within our minds and bodies, instead of constantly withdrawing. It is a useful tool to look at how we can manage self care and stress management, and pay attention to refilling when we expecting a lot from ourselves.

Was the piggy bank invented by mistake? ›

This became the norm in the 19th century, English potters would create pots shaped like pigs for people to use as a bank, humouring the origins of the word. This may have been accidental but has been used ever since and this is why we still use piggy banks today.

Why do they name their piggy bank Oz? ›

They begin to save their money little by little and keep it in a piggy bank that they name Oz. This name comes from The Wizard of Oz because to them, Oz represents a place where they can live a better life and escape from their traumatic childhood.

Who invented piggy banks? ›

One theory is that Italian Franciscan friar Oderico of Pordenone, perhaps the only Westerner in the Majapahit court in the 14th century, brought the idea back home with him. A more popular story is that piggy banks evolved through a coincidence … and a quirk of the evolving English language.

Do banks buy pennies? ›

Your bank or credit union

Many banks and credit unions offer coin exchange services, including national banks such as Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank and more.

Is it better to save in a bank or piggy bank? ›

A piggy bank has the advantage of being in super close proximity to your child, but it falls flat where interest is concerned. A bank account allows your kid to earn money with his money. Understanding that this can happen is a huge step in his financial literacy.

Is piggy bank legit? ›

PiggyVest uses the highest level of Internet Security and it is secured by 256 bits SSL security encryption to ensure that your information is comepletely protected from fraud.

How to get money out of a money tin without breaking it? ›

It's actually quite easy ...

You just need to get a stiff piece of card about the width of the slot and about 6 inches long, put it into the slot, turn the money box upside down, preferably over a bed or sofa, then gently waggle it with the card in place.

Do Americans have piggy banks? ›

Whether stuffed with coins or on display, coin banks are found in the majority of American households. "At an early age, children are encouraged to place their change in piggy banks, thus learning the importance of saving their money.

What is the piggy bank method? ›

You use the money in each piggy bank for a different purpose (like bills, groceries or having fun). It makes it easier to see how much you've got left for each type of spending.

What is the piggy banking technique? ›

The jam jar method (also known as piggybanking or using savings pots) involves dividing your money into separate pots for different expenses. It's a great way to make sure your bills are covered and your money goes exactly where you want it to.

What is piggy bank strategy? ›

Piggy bank strategy. "Wealth starts with a goal, discipline, and saving a dollar at a time. Call it the piggy bank strategy. ... If you drop that into a piggy bank and then once a year put $1,434 in a savings account at a puny 1% interest rate after-tax, you will have your trip money.

What is the meaning of piggy banking? ›

a container, sometimes in the shape of a pig, that holds coins and is used esp. by children for saving money. (Definition of piggy bank from the Cambridge Academic Content Dictionary © Cambridge University Press)

Top Articles
Norwich: A Unique UK City Break - Visit Norwich
8 Ways to Improve Your Airbnb Rental Income and Boost ROI
Katie Pavlich Bikini Photos
Gamevault Agent
Hocus Pocus Showtimes Near Harkins Theatres Yuma Palms 14
Free Atm For Emerald Card Near Me
Craigslist Mexico Cancun
Hendersonville (Tennessee) – Travel guide at Wikivoyage
Doby's Funeral Home Obituaries
Vardis Olive Garden (Georgioupolis, Kreta) ✈️ inkl. Flug buchen
Select Truck Greensboro
How To Cut Eelgrass Grounded
Craigslist In Flagstaff
Shasta County Most Wanted 2022
Energy Healing Conference Utah
Testberichte zu E-Bikes & Fahrrädern von PROPHETE.
Aaa Saugus Ma Appointment
Geometry Review Quiz 5 Answer Key
Walgreens Alma School And Dynamite
Bible Gateway passage: Revelation 3 - New Living Translation
Home
Shadbase Get Out Of Jail
Gina Wilson Angle Addition Postulate
Celina Powell Lil Meech Video: A Controversial Encounter Shakes Social Media - Video Reddit Trend
Walmart Pharmacy Near Me Open
Dmv In Anoka
A Christmas Horse - Alison Senxation
Ou Football Brainiacs
Access a Shared Resource | Computing for Arts + Sciences
Pixel Combat Unblocked
Umn Biology
Obituaries, 2001 | El Paso County, TXGenWeb
Cvs Sport Physicals
Mercedes W204 Belt Diagram
Rogold Extension
'Conan Exiles' 3.0 Guide: How To Unlock Spells And Sorcery
Colin Donnell Lpsg
Teenbeautyfitness
Weekly Math Review Q4 3
Facebook Marketplace Marrero La
Nobodyhome.tv Reddit
Topos De Bolos Engraçados
Gregory (Five Nights at Freddy's)
Grand Valley State University Library Hours
Holzer Athena Portal
Hampton In And Suites Near Me
Stoughton Commuter Rail Schedule
Bedbathandbeyond Flemington Nj
Free Carnival-themed Google Slides & PowerPoint templates
Otter Bustr
San Pedro Sula To Miami Google Flights
Selly Medaline
Latest Posts
Article information

Author: Frankie Dare

Last Updated:

Views: 5704

Rating: 4.2 / 5 (73 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Frankie Dare

Birthday: 2000-01-27

Address: Suite 313 45115 Caridad Freeway, Port Barabaraville, MS 66713

Phone: +3769542039359

Job: Sales Manager

Hobby: Baton twirling, Stand-up comedy, Leather crafting, Rugby, tabletop games, Jigsaw puzzles, Air sports

Introduction: My name is Frankie Dare, I am a funny, beautiful, proud, fair, pleasant, cheerful, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.