Question about those $10 casino silver strikes ???

robkool · April 24, 2011 4:00PM

I plan on selling a few of those $10 casino silver strike medals... Does anyone know the silver content in these ??? I know they are marked .999 fine silver, but don't know the actual silver weight (ASW).

Zoins · April 24, 2011 4:07PM

Check out SilverStrikers.com

Strike Composition

$2 and $3 strikes are made of Brass.

$7 strikes are .999 Silver with approximate weight of 0.65 troy ounces.

$10 strikes have a .999 Silver center insert (additional info here), outer ring is Brass (additional info here), approximate Silver weight is 0.60 troy ounces of Silver. Sometime in 2005, a new thinner center insert strikes with less silver (~ 0.50) appeared. In 2009 CLAD (no .999) $10 strikes appeared, even some red capsules. However, the red capsules should return to .999 silver.

$20 strikes have a .999 Silver outer ring with some 24kt Heavy Electroplating (HE) and a Bronze 24kt Heavy Gold Electroplate (HGE) on the center insert, approximate Silver weight is 0.75 troy ounces of Silver.

$28 strikes are .999 Silver with 24kt Gold Plating (GP), approximate Silver weight is 0.65 troy ounces.

$40 strikes are .999 Silver with 24K Heavy Electroplate (HE), approximate Silver weight is 1.54 troy ounces for the large size $40 strikes and 1.26 troy ounces for the small size $40 strikes.

$200 strikes are 1 troy Pound (12 ounces) of Silver and may have some 24kt Heavy Electroplating or for the newer RWM mint strikes may have colorization.

$300 strikes are 1 troy Pound (12 ounces) of Silver and may have some 24kt Heavy Electroplating. Beginning 2011 the new $300's were changed to a 6 troy ounces center with a gold plated copper ring.

TahoeDale · April 24, 2011 5:43PM

I have asked the local casino where I live to redeem a token of the $10 variety. Face value only. So don't go there.

I have seen some ads for sale of the tokens at $22/per. Buy prices were not listed( 1 month ago).

Google silver casino tokens.

Edit-- See www.ProvidentMetals .com-- current list price for sale--@ $31

ricko · April 24, 2011 11:05PM

Hmmmm... I have a bunch of casino tokens I have picked up over the years... will have to check them out... interesting. When I purchased them, it was more for nostalgia than anything else. Cheers, RickO

robkool · April 25, 2011 1:01PM

Zoins & TahoeDale...
Thanks for the much needed info. It helps a lot

TexasNationals · April 25, 2011 1:24PM

I just de-silvered about 300 of the $10, now left with the brass rings, quite a bit in weight, isn't brass mostly copper so I saved to scrap with other copper I am gonna melt.

Edit: My hand is swollen due to another silver reclamation project, not this one and cause by blunt, force trauma.

TexasNationals · April 25, 2011 1:29PM

Oh, to get the silver out, a little friendly advice a 1/2 socket on the silver and use a drill press to punch the centers out, I actually used a snap on, 1/2" tall socket and a 12 ton press, quick work. 300 took me maybe 40 minutes as the silver fell though the press into the melt bucket, rings were flicked off the side into a box and the socket has some string and tape so it wouldn't fall into the bucket. Quick.

Zoins · April 25, 2011 1:37PM

Thanks TexasNationals. Good to know the technique. The rings seem to hold up better than slabs

Type2 · April 25, 2011 1:39PM

Very cool, Yes brass is high in copper but red brass is the highest. Looking @ 3.65 a Lb.

Question about those $10 casino silver strikes ???

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