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Ike Dollars and Slot Machines

Recently, I was lucky enough (I think) to come across a large lot of Ike Dollars for a few cents over face value. I did find some keepers, and made up a few rolls of BU coins just to put away. I even found a few Peg Legs, so the whole thing was worthwhile.

In the lot are quite a few baggy coins, and they actually appear to have come out of a vending machine or slot machine of some sort. They have that same look that you see on Kennedy's and even minor coins from time to time.

About 2/3 of the coins are collectible. They are nice enough for someone to keep, or give as a gift or what have you. They may not have any premium, or much hope of appreciating in value, but they are nice enough to own.

But, about 1/3 of them are miserable. Really terrible. They are baggy and very abused, again, probably from repeated machine use. Does anyone know of any casinos that still have slots that use those things? I'm planning my vacation for this year, and I was kinda thinking it might be fun to take those along and "play the slots" with them. Who knows, I might just hit! And, it would be fun anyway!

I guess I could take them up to Philly and spend them at the mint store or something. They really need to be retired from circulation unless there are machines that accept them. They're awful!!!

Any suggestions would be grately appreciated!

Comments

  • I play at Mohegan Sun in Ct. Over the years I've received a few Ike's when being paid for a $25.00 Black Jack. They were pretty beat up. Droped them in a slot when my night was done with no problem, no win either.
    I keep waiting for that CC Morgan to be in one of my pay outs up there. LOL
    Jim
  • jjrrwwjjrrww Posts: 151 ✭✭
    Thanks for the reply! I'll put that casino in my vacation plan, and take those culls up there and play them. What the heck? Besides, I haven't been there, and it would be something different for me!
  • Heres some hope for you. This morning I took all of my reject state quarters and changed them in at the casino. $27 worth. Played the slots, 3 hours later I walk out with $205. Not to shabby. Hopefully the same will happen to you!!
    Hey, Im new at this so cut me some slack!!
  • drwstr123drwstr123 Posts: 7,049 ✭✭✭✭✭
    Or... you may want to consider the best of both worlds. But your own machine and keep the coins and own the key to the cashbox. This one's stocked with all silver, there's nothing like that sound!
    image
  • fishcookerfishcooker Posts: 3,446 ✭✭

    I'd spend 'em and let others enjoy them. Just because you think they are too beat up, doesn't mean others will. The vast, vast majority of folks working cash registers have never seen one.


  • DRGDRG Posts: 817
    I live in Las Vegas and I have not seen a slot machine stocked with Ike's in years. There were a few as late as 1996, but they all went to their own dollar tokens long before 2000. I have never tried to put a Ike into one of the dollar token machines, but doubt that they would work. Most of the machines are so exact they will not even take tokens from other casinos, and they all are VERY similar tokens (about the size of an Ike).....It is actually getting hard to find machines that pay out coins or tokens. Many of the machines now just print out a ticket that you have to redeem for cash.

    It is a lot of fun to spend Ike's, SBA's and Sac's. Many of the cashiers have to really examine them to figure out what they are.
    (PAST) OWNER #1 SBA$ REGISTRY COLLECTOIN
  • I am a frequent visitor to both Mohegan Sun and Foxwoods and the chance of finding a machine that accepts ANY coins is slim. They are almost all "Ticket in, Ticket out" and do not accept coins. Even if they did, the machines were set to accept only their propriatary tokens. A Foxwood token will not work at Moheghan and I doubt if an Ike dollar would work at either. You can still make your trip but pack lighter and keep the coins at home.
  • I think the Nevada dollar tokens are nearly 100 % interchangable !

    Ike's ? not likely to work any longer.

    most of the slots are goin paper only,reduces labor cost's drastically !

    Even the clay chips circulate as cash among the Casino's,they do a chip run at least once a day.

    Paris calls Bellagio,how many of my chips you got ? 100,000 ! ok i have a 100 K of yurs,ill bring em over and swap em !
    image
  • DRG is right. Most casinos in Vegas use their own $1 tokens, but are phasing them out pretty quickly with slots that take paper notes and print out winnings on a ticket. I just got back from Vegas and that I what I saw. In fact, I saved a few tokens for nostalgia. Slots just aren't the same without coins. But you can buy slot machines for home use that can be programmed for any coins you like, including Ikes.
  • 500Bay500Bay Posts: 1,109 ✭✭✭
    If you really did not want the Ikes, and did want to spend them; you could deposit them in your bank account.
    Better odds there than a slot machine...
    Finem Respice
  • CaptHenwayCaptHenway Posts: 32,775 ✭✭✭✭✭
    Lately, we have been giving them out in change at the coin shop.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

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