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Question about slot machine for sale

Posted:
Tue Aug 25, 2015 9:10 am
by newtoslots
Hi,
I am just starting to research slot machines and came across this machine that is being sold as a machine built in the 1990s to mimic the classic machines. Is that a correct description or is this an original machine that has been restored? How much would a fair price for a machine like this be? Thanks!
Re: Question about slot machine for sale

Posted:
Tue Aug 25, 2015 10:30 am
by newtoslots
Here are some additional pictures. The machine sits on a cast iron base and the top is marked with a number. Thanks again!
Re: Question about slot machine for sale

Posted:
Tue Aug 25, 2015 11:09 am
by Dave
This machine is currently on some auction site on the web.
My wife showed it to me a few days ago.
The reason I am stating this is because if you are being offered this from some random person then it might be a scam.
Now, on to the machine.
The back door and lock are definitely reproduction.
The company who restored the machine is Ancient Slots out of Las Vegas. They did a ton of restorations back in the 80s and 90s. They are now out of business.
The mechanism looks to be original but I can't say for sure. The wood case also looks to be original.
I can't really tell on the castings but if there is a serial number stamped in the top casting then that is a good sign.
The machine pays out 3/5 on the cherries which is a good sign.
The paint scheme is all wrong for the machine but that can be fixed by repainting it (if you don't like it).
I don't think Ancient Slots pumped out reproductions like other places (i.e., Royal Bell) did.
However, this machine might have been built from parts of other machines and also converted to a quarter since everyone wants quarter machines.
Dave
Re: Question about slot machine for sale

Posted:
Tue Aug 25, 2015 11:36 am
by mrslot1
its a Repo!
Re: Question about slot machine for sale

Posted:
Tue Aug 25, 2015 1:13 pm
by newtoslots
Thank you both very much. Dave, your response is very thoughtful, you are correct I was looking at the same auction. Mrslot1, do you have any additional reasons why you think it is a reproduction? It sounds like there is a decent chance that this is original besides the backing and lock.
Dave, is your feedback on the second machine the same? I have attached a couple pictures below. In your opinion, is up to ~$1,000 a fair price for this given the risks? It seems like the collector had a pretty good sense of mechanical collectibles given the other items in the sale.
Thanks again!!