Abstract: A toy bank having a coin discriminating mechanism for discriminating between coins of varying diameters. The mechanism includes a housing having a coin slot, the slot having two generally flat, spaced walls and two relatively narrow spaced sides, the sides defining the breadth of a coin passageway. A movable slide is disposed within the passageway and normally biased toward a resting position at least partially obstructing the breadth of the passageway. The slide is movable in response to insertion of a coin. Electronic circuitry is provided to detect movement of the slide and translate that movement into information relating to the denomination of the coin. Preferably the slide is movable in a direction not parallel to a line defined by a first point of contact between a coin and the slide, and a second point of contact between the coin and the first side of the passageway, said points of contact being identified when the slide is maximally displaced by the coin.