This magic trick has been known to magical entertainers for more than 50 years. Also known as a rattle box, this box holds a clever secret! A ghostly secret ...
If you hold the box in your hand and press on it - a sound will activate. You need to push the bottom of the box up with your fingers when you shake it. This will activate the noise mechanism.
When the borrowed item is placed into the box (coin or ring) you can allow it then to fall back into your hand. You close the box and then shake the box using the secret sound mechanism. People will think the borrowed object is in the box.
It is then your choice where to make the object re-appear again. Totally your choice, get creative!
Make sure you search for rattle box magic trick on YouTUBE so you can see magicians use this item.