Casino's going coinless EFFECT?

Discussion in 'Coin Chat' started by Silver Striker, May 12, 2008.

  1. Silver Striker

    Silver Striker Senior Member

    I guess that with nearly all of the casino's going coinless I seriously doubt that it has had much if any effect on how many coins that the U.S. Mint releases yearly.

    I just wonder how many coins were held in all of the Nevada casinos and banks before the change to coinless?

    I miss the "tink-tink-tink" sound of the coins dropping into the payout return pan.:eek:
     
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  3. hontonai

    hontonai Registered Contrarian

    Just go to the former Horsehoe on Fremont (now "Binnion's, with the $1-million display gone, Gone, GONE). Last week on my first Vegas trip in several years I put a few dollar bills in the slot and when it came time to cash out 600+ quarters hit the pan - almost all of them with the reeding flattened.
     
  4. scottishmoney

    scottishmoney Buh bye

    Some machines have a canned tink tink sound when you get a payout.:(
     
  5. coleguy

    coleguy Coin Collector

    Only a small percentage of slots use receipts in payout. It was a booming trend a few years back, until studies showed people didn't like them. Most people I guess want to hear the clanking of coins and not the sound of a print-out. There are even a few casinos around where I live that pay out in big silver dollar sized tokens. thats a good sound to hear.
    Guy~
     
  6. mark_h

    mark_h Somewhere over the rainbow

    I go twice a year and see casino's on the strip moving away from providing coins. At the MGM grand you can see the disgust on peoples faces when they realize they now have to lug the coins to a teller. It used to be that the tellers were always around - no you are lucky if you find 1 open. The same for the other casinos - we used to skip the tropicana because they still payed in coins. I still see them moving away from coins to payout slips. I don't miss the clanging or the black fingers from having to load up a couple of cup. Coinless is the way to go.
     
  7. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    When they go back to filling the machines with silver dollars, maybe I'll play the slots. Otherwise, why bother? You could train a monkey to play.
     
  8. Doug21

    Doug21 Coin Hoarder

    Small ? I think its like 98%.
     
  9. coleguy

    coleguy Coin Collector

    I haven't seen this big a percentage, and I'm in Vegas at least once a month. Of course, I don't gamble, but most of my friends work in casinos and with the exception of higher denomination machines, they say most still pay out coins.
    Guy~
     
  10. Delmer

    Delmer New Member

    Another effect.. when I arrange with a bank to get a $500 box of Kennedy halves, 1/3 have no reeding. The reeds are gone, but the hair and feathers are nice. I kept a few dozen just because they illustrte a common use of our time... if not the final use.

    There are only slots near me.. totally coin-less. Those people playing don't seem to mind. Its mostly a choice between walking out with a receipt for zero dollars, or with an empty coin purse.

    When I'm near a real casino, I play a single big bet (50 is big for me) on one roll of the roulette wheel,and walk out no mater the outcome.
     
  11. gatzdon

    gatzdon Numismatist

    Last time I was in Vegas, it was very difficult to find slots that dealt with halves. I did find a few, but all the "big name" casinos were coinless.

    One impact I think we can all agree on is that the mint no longer issues new halves for circulation. I imagine one of the biggest factors of that is that the majority of slots don't deal in coins anymore, thus no more 'ooh, let's keep a few as souvenirs'.
     
  12. thebigandy

    thebigandy Member


    Where at? I want to go hunt for silver today!
     
  13. Doug21

    Doug21 Coin Hoarder

    Do you stay at the Western ?
     
  14. CoinGal07

    CoinGal07 Still Collecting

    I was in vegas last year -- not a single slot paid in coins.. I HATE the paper. I know, no black fingers or cups but my fav thing was to put $100 in a machine, cash out, and hunt silver.
     
  15. spock1k

    spock1k King of Hearts

    i agree there wa sone time i won so much i couldnt carry it in 2 cups and my clothes so i had to spend it :( paper slips are the way to go as long as i get my money :D
     
  16. LSM

    LSM Collector

    About 6 years (or maybe more) ago I was in Reno and there was one casino that had a 1 dollar slots machine that would pay you 1 silver dollars if you hit sevens, double sevens 2 silver dollars and triple sevens 3 silver dollars. The silver dollars where circulated peace dollars. The casino also had a slot machine with gold coins that cost 5 or 10 dollars a pull to play. I did play the 1 dollar slot (couldn't resist) and took home 3 or 4 peace dollars.

    Lou
     
  17. coleguy

    coleguy Coin Collector

    I'm not familiar with the Western. We usually never stay in casinos there. We live an hour away so it usually is more of a hassle to find a room than it is to just go home.
    Only time we spend time in a casino is when we go to a restraunt in one, or have friends from out of town staying in one.
    Guy~
     
  18. snaz

    snaz Registry fever

    its coinless here.
    I would still rather hear the sound of cards on felt
     
  19. gatzdon

    gatzdon Numismatist

    There were a few slots in circus circus (slots o fun) that dealt in halves. There were a few on Fremont street that dealt with nickels (one I played at the most was extremely loose with handing out the cups of beer. The cups weren't real big, but the waitresses would bring you 2-3 at a time if you consistently tipped the $2 to $3 per trip).

    I've also heard on other forums that there are still plenty of casinos that deal in halves/nickels/pennies, but they aren't on the strip.
     
  20. coleguy

    coleguy Coin Collector

    I was at a coin show inside the Plaza about 8 years ago, and I couldn't believe they still had penny slots that actually paid out in pennies (or cents, whatever). Granted, there were only about a dozen, and I think they're just a publicity stunt more than anything.
    Guy~
     
  21. ML94539

    ML94539 Senior Member

    I too have won Morgans, Peace Dollars, and even SAE from casinos around 7 years ago. As I remember the payout was pretty good, one silver dollar for about $20.
     
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