Hi, I just took a gamble, so to speak and just purchased these on e-bay. The value is all over the place on google. I am super liking the low 0007 #. Any thoughts?
I won these gaming tokens at the Slots-A-Fun Casino in Las Vegas in 2006. Each contains 1/2 oz. .999 fine silver. The casino had two machines that dispensed these $10 Nevada Wildlife gaming tokens in the AirTites. The machines were 75c per play, and I spent about $50 and accumulated 77 of these tokens. Of course, I sold all of them when the price of silver skyrocketed.
I am happy with the price. I paid $7.39. I think I did pretty well with that and they are dang cool for sure. Just looking for any feed back from folks who may have more knowledge then myself about casino game tokens.
What I am excited about is the low proof set 0007 in group 6. I have never run across and/or bought anything this low.
I remember finding a machine in one of the casinos that paid these out like candy. That was fun. I saved a few and cashed in most of them for $10 each. Probably lost that money at the tables but I had a great time.
When I was playing in the pool tournaments at the Riv, Slots-A-Fun and the Stardust had the machines that paid out in $10 gaming tokens. Since they were right across the street from the Riv, they were the only two casinos I bothered to frequent. Like you said, they paid out like candy, and I sold all of them at a hometown pawn shop (NO LESS!) for a huge profit when the price of silver went up. Chris
I don't know about the Franklin tokens (probably no silver at all), but the tokens that have the silver centers (usually minted with the words .999 silver) are called Silver Strikes. EBay is loaded with them. The silver center portion of the token contains .62 oz of silver. They are quite collectable, and there are books covering their values. Beware of strikes that do not say .999 silver as they contain no silver. There are also counterfeits out there with no silver.
($1.85 each) - just like penny stocks, they're priced at 1.85 for a reason - turning a profit on these items will be a long shot - keep them for the curiosity factor Here is an interesting article about the Franklin Mint: https://coinweek.com/education/the-rise-and-fall-of-the-franklin-mint/ one excerpt: "Collectors who associate the name Franklin Mint with the cataracts of gleaming coins it struck and marketed for an array of governments or its many medal and ingot series are generally surprised to learn that most of its production in its founding year was base metal gaming tokens struck for 27 casinos, mostly located in Las Vegas and Reno, Nevada."
You're correct in that the Silver Strikes that were made before 2006 contained .6 oz. of silver, but from 2006 on, it was reduced to .5 oz. of silver. Chris