Coin Slot

Issue: 1979 June 052

Coin Slot Magazine - #052 - 1979 - June [International Arcade Museum]
FOR IMMEDIATE RELEASE
Sueellen Ross, Publicity
PENNY MACHINES NOW
Ext. 115
BRING BIG DOLLARS'
Interview with Ken Rubin
Author of DROP COIN HERE:
The Book of Antique Coin-Operated
Gambling, Vending, and Arcade Machines
&
Why are antique coin-operated machines be-
Qo
What are some of your favorite machin
coming one of the most valuable and sought
after new collectibles in the United States
a.
I particularly enjoy the animated and figural
and Europe?
vending machines that dispense goods such
More people are discovering the exciting qual
the delicate glass machines that display their
as gum, chocolate and cigars.
A.
ities that these
antique
machines possess.
Also, I. like
mechanisms and entertain while dispensing
First, they are entertaining, with their ingen
the goods.
ious methods of receiving a coin and then
venders
performing animated and mechanical move
Button Dispenser (1905) worth $1,500 (the
ments in whimsical and charming ways.
Se
Some of the most collectible
are--if
insertion of a
you
nickel
can find
them-Collar
releases a single gold
cond, their designs are full of the spirit, the
collar
artistry, and the culture of the late 19th and
the sale while columns rotate inside the glass
early 20th century.
walls to style selection); Bull's Head Perfume
Old coin-operated ma
button and rings a bell to announce
chines are a unique American art form that
(1904) worth $1,500 (taking the bull by the
is finally being recognized.
horns causes him to snort perfume from his
nostrils); Cop and Hobo (1930) worth $500
Q.
What are the categories of antique coin-op
(Officer Casey gleefully bops the hobo with
erated machines?
his nightstick as the hobo's eyes and tongue
flap in astonishment).
1.
Gambling Machines 2. Vending Machines
3.
Penny Arcade Machines
Q.
this hobby?
Q.
!s one type more valuable than another?
A.
Some of the highest prices paid for machines
A.
are in the gambling category, such as the
floor model roulette and pin-wheel type slot
machines.
$35,000.
Where does one turn to learn more about
Some have sold for as high as
An auction was held in Anaheim,
There are several monthly magazines for col
lectors.
One is called, appropriately, Loose
Change, the other publication is titled The
Coin Slot.
Some collectors personally own
original manufacturer's catalogs, but these are
nearly as valuable and rare as the machines.
California, November 25, 1978, and one an
tique double upright slot machine (1905)
My book DROP COIN HERE, published by
sold for $25,000, and a single model slot
Crown, is the first complete book of antique
machine (1905)
coin-operated gambling, vending, and arcade
went for $6,000.
Some
three-reel slot machines (1930) sold for
$1,200.
The 6th Annual Victorian Casino
color, document the most important and in
Antiques Auction, in Las Vegas, on March 2,
teresting examples of this art form.
1979, saw new prices established for all the
COIN HERE is not available at local book
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categories.
An e
Apollo
-
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d
(1906) sold n for
movie
loa $6,500,
arc a a Mutoscope
.
w
o
w
machine
went
for
$1,900,
a Honey-Breath
D
w
w
Mint Vender,
tp:// (1904) sold for $3,400 and
t
h
an off-beat Victorian Ice Cream Parlor Bar
machines.
Over 300 photographs, many in
If DROP
stores, it can be ordered directly from Crown
Publishers.
Since the prices on these ma
chines are continually skyrocketing, I could
not
print
but I
their
exact values in
my book,
have a separate price guide available
and Fountain was auctioned off for $27,500.
for $4.50 by writing to:
Penny machines now bring big dollars.
P.O. Box 240, Brooklyn Heights, N.Y. 11202
© The International Arcade Museum
Kenru Publishing,
http://www.arcade-museum.com/
Coin Slot Magazine - #052 - 1979 - June [International Arcade Museum]
Q.
How great is the nostalgic value of these
joyed walking into a penny arcade, in old
machines, in your opinion?
Coney Island, and loaded with pennies in my
pockets, I would drop a coin in every one
A.
These antiques are true Americana.
For in
of them.
How I wish that my grandparents
stance, if you love the Old Wild West, the old
had collected them and I owned them now--
gambling devices were a familiar sight.
I would be a millionaire twice over.
If
you look carefully at saloon scenes in wes
tern
movies,
background.
you will notice them in the
Every week, machines are still being found
Cities such as Virginia City,
in old lofts and basements.
Carson City, and other famous places of the
Fortunes are
being made by these discoveries.
gold rush era were noted for their opulent
slot machines, trade stimulators, and auto
matic musical instruments.
Q.
How many collectors are in this hobby and
who are they?
Machines were
located in the classiest hotels and gambling
A.
halls.
There are over a thousand collectors around
the country who own more than a few ma
Everyone now of adult age can remember
chines.
the old
REAL Penny Arcades where for a
who enjoy owning an old gumball machine,
few cents, a fun time was had getting your
arcade, or slot machine for their game room
And there are many thousands more
In the
or den.
They represent every type of pro
film, The Sting, many early machines were
fession,
from
photographed.
washing machine repairmen.
fortune told or seeing a peep show.
I counted six or seven valu
famous
plastic surgeons to
As for myself,
able ones.
by night I enjoy these machines and by day
The soon-to-disappear penny, in my opinion,
items.
I'm a manufacturer's rep for various plastic
draws
attention
America.
to
the
nostalgic
past of
The last of the penny gumball
One old-timer has been collecting for 20
machines are on the scene now, but they're
years.
fading from the mainstream of daily life. To
would increase to millions.
Little did he know, that his pennies
We also have
me, these machines bring back the times and
many foreign collectors from Europe and
of olden days, when a few small coins
Japan who have joined us in seeking these
could bring simple pleasures.
Today, when
treasures.
the dollar is shrinking, the thought that a
penny could have had so much value and
To quote H.S. Mills, one of the greatest of
enjoyment is a wondrous thing.
the
Many col
lectors keep these coin-operated machines in
manufacturers of early
machines, the
penny arcade has become an institution "as
their game rooms as entertainment, just like
important as the theatre, the opera, and the
in the days of old.
circus."
In my book, DROP COIN HERE,
any person can relive the past and invest in
I, personally, enjoy collecting and restoring
the future by learning more about antique
these treasures, for they take me back to
coin-operated machines.
the turn-of-the-century.
Ken Rubin is available for interviews.
I
would have en
com
CONGRATULATIONS!
! !
.
m
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m
fro -muse
d
e
e
oad rnany
parts of the country
l saw
cad faces among the familiar faces of collectors gathered at the Ramada Inn.
r new
n
a
.
w
o
A lot of new
was
generated in the areas of antique coin operated machines and various related para-
D interest
ww
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t
phenalia.
ht
Our hats are off to Gene Foster on a very successful April show and sale in Minneapolis. Displayers from all
Thanks to you, Gene, and people like you, interest in collectibles, especially slots, is becoming more popu
lar among many more people.
© The International Arcade Museum
http://www.arcade-museum.com/

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