This is a fun and interesting coin bank. It's made to look like an arcade console, but it is really for keeping your spare change. It has an extra feature...music! When you put in a coin, you can press the joystick or the buttons and it'll play part of the Sonic 1 theme music for you! It does take replaceable batteries. There may be another that plays the Angel Island theme, has the Sega jingle, and also makes Sonic jumping sounds. That bank would have been made in 1994. Both banks (if there are 2) would be identical. 

It has the traditional checkered theme, with different stock arts pasted around. They even decorated the sides, like a real arcade machine. The front is made to look authentic with fake coin slots. This was made by Happiness Express in the early 1990s.