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angellionel
11-07-2011, 08:33 PM
Today a friend of mine called me to tell me about a quarter slot machine from the 1930's he was about to work on. A vintage, the machine can easily fetch a couple of thousand dollars as is, but restored the value could more than double, and can go higher if fully operational. That was exciting enough, but what added to the elation was determining that there were still several silver coins left in the three available slots. Wanting to share the fun moment of retrieving the coins, he waited until I arrived at his place before attempting to open the machine.

He did not have the key to open the back to access the slots holding the coins, so it took a while to pry it open since great care was needed to avoid causing any damage. Once the back was removed, we could now see the reeded edge of several silver coins peeking through one of the slots. We counted about a dozen. :drool: Unfortunately, the mechanism allowing the bottom of the slots to open and spill the coins was not easily accessible without taking the machine apart, an endeavor he did not want to get into at that point, so we devised another way to retrieve the coins from the tubes. We used sticky putty, applying it to the end of a paperclip and inserting it down each tube to retrieve the coins one at a time.

The first coin out of one of the slots was a worn Standing Liberty quarter ( there is something about that coin that gets the pulse going. :loveit: ). At that point we felt like a couple of kids raiding a jar full of candy. lol We continued doing the same with all three slots, and by the time we were finished we had pulled a total of 68 silver coins from them - 40 Standing Liberty quarters, 24 Washington quarters (none dated after 1937), and 4 Barber quarters, the oldest dated 1894.

http://www.angellionel.com/misc/temp/68_silver_coins_110711.jpg

Now, as to the Standing Liberty quarters - out of the 40, 24 were dateless, and out of the 16 that had dates, several were only slightly legible. The dates ranged from 1917 through 1930. Keeping in mind that the slot machine had evidently been in use only until about 1937, the condition of most of the Standing Liberty quarters indicate a rapid degree of wear of the date within a relatively short time, something that is already known, of course, but interesting to see firsthand. Knowing such makes it even more satisfying when we do dig up one having a full date during our individual hunts. :yes:

jkress
11-07-2011, 08:50 PM
Very cool story. :yes:
How exciting that must have been seeing those silver edges in the machine. Looks like a little over $400 just in silver. :shocked04:
It's crazy how so many of the SLQ's have no or little dates. I would have never guessed that.
Thanks for sharing the experience.

Tony Two-Cent
11-07-2011, 09:09 PM
WOW! :shocked04:

That had to be a tremendous amount of fun, pulling the quarters out one at a time, not knowing what might be in there!

There's just something special about a Standing Liberty Quarter, isn't there? :smitten:

Great story, thanks for sharing it with us, Angel!

396nova
11-07-2011, 09:30 PM
:omg: WOW!!!!!!!!!!!!!!! Nice story. Once in a life time. :perfect10:

milco
11-07-2011, 10:38 PM
That's a real cool story there Angel, thanks for posting this! It makes you realize how truly rare a high grade dug SLQ is when one is found. I have often wondered about coins in these old slot machines. My parents were antique dealers for many years, years ago and they had the opportunity to buy a few and I often wondered if one would contain coins someday. Most of the ones I have seen in the past were nickel slots, quarter slots back then must have beeen scarce.

Ill Digger
11-08-2011, 12:18 AM
Oh man! What a treat that must of been !
It must of been like...
:thinkingabout: :shocked04: <:
:thinkingabout: :shocked04: <:
:thinkingabout: :shocked04: <:
:thinkingabout: :shocked04: <:
:thinkingabout: :shocked04: <: .... lol

What a cool story!
Thanks for sharin' Angel! :grin:

Epi-hunter
11-08-2011, 10:47 AM
That much silver must have had you both drooling :shocked04: :drool: :drool: :drool:

I don't know what the machine itself is worth, but that much silver is certainly a huge bonus |:cheering:

Interesting what you said about the SLQ's. Question for you. Of the 16 that had dates, you said the dates ranged the entire span of the mintage years. But were most of them 1925 and up? I had heard that they changed the design of the date in 1925 (I think that was the year) so that the dates would not wear off nearly as quickly, but that 1924 and prior, the dates would wear off within the first year of circulation.

aloldstuff
11-08-2011, 11:20 AM
Angel, what a great story. Kids raiding a candy jar, I have a mental picture of that..... :happydance01:

bob_e99
11-08-2011, 11:32 AM
:omg: :omg: :omg: :omg: :omg:

What a great story and what a collection of coins. :drool:

:envious:

SeabeeRon
11-08-2011, 04:23 PM
OK! Now you have gone and given me even more things to dream of coming across!! Wonder if there are more old Slots out there loaded with silver coin??!!? :loveit: :daydream: :drool: :twirlingeyes:

midas
11-16-2011, 03:10 PM
During the 30's, they seized and dumped thousands of slots into NY Harbor. Think of all the coin still in them! Saw a picture of barge loads of them.

SeabeeRon
11-16-2011, 06:47 PM
During the 30's, they seized and dumped thousands of slots into NY Harbor. Think of all the coin still in them! Saw a picture of barge loads of them.


Wonder if anyone ever went scuba diving for those!??!

fsa46
11-17-2011, 05:25 AM
I know how I felt finding one the other morning....I can only imagine how you both felt finding the mother load. :daydream: Let's not forget the Barbers either. <:

Thanks for sharing that story and pictures, I really enjoyed it. thumbsup01

OxShoeDrew
11-17-2011, 11:09 AM
Does your friend repair slot machines for a living?...or did he just pick that one up somewhere? Also, what game was the machine? Thanks for sharing.

angellionel
11-17-2011, 06:31 PM
Does your friend repair slot machines for a living?...or did he just pick that one up somewhere? Also, what game was the machine? Thanks for sharing.


He repairs machines in general, but he does have an affinity for slot machines. He buys, repairs, and sells them. :yes: