Coin Slot Magazine - #048 - 1979 - January [International Arcade Museum]
EDITORS STATEMENT
1979 - Will it be another banner year for slot machine and coin
machine collecting? Let's reflect a moment and see what 1978
brought us:
February 5, 1978 - At the Victorian Casino Antique Auction in
Las Vegas, a 5 cent and 25 cent Caille Twin Eclipse with music
rare mandolin attachment brought $37,500 - a new record price
paid for one machine.
Legal Developments - In December 1977, it was only legal to
openly collect and own antique slot machines in eight different
states. By December, 1978, that number jumped to fifteen states -
almost a 100% increase in one year's time. Enlightened lawmakers
in Wisconsin, Illinois, Ohio, Pennsylvania, Mississippi, New Hamp
shire, and Florida all listened to collectors pleas. Curiously enough
all seven of these states lie east of the Mississippi River. Prior to
1978, not one single Eastern state permitted slot collectors to
openly enjoy their hobby. This was a very, very, significant devel
opment!
What used to be a West Coast phenomena is now nation
wide! Will the number of legal states double again in 1979?
November-December 1978 - Two big auctions were held within
one week of each other, one in Reno, Nevada and the other in
Anaheim, California.
The California auction was held at the Dis
neyland Hotel and attracted major news coverage from all the Los
Angeles television stations and newspapers.
In Reno, more slot
machines were auctioned off at one time than at any other time
ever.
Record prices along with major recognition from the news med
ia and lawmakers all across the country proves once and for all
the status our hobby has finally achieved. Truly, slot machine
collecting really came of age in 1978. You. might say that 1978
was a year in which slot collectors hit the jackpot! Let's hope
that 1979 is even better than the year preceding it!
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