Coin Slot

Issue: 1982 October 092

Coin Slot Magazine - #092 - 1982 - October [International Arcade Museum]
fountains, and barbers. They were
good for something in trade: 5$,
10C, 121/2$, 150, 250, or a drink,
shave, etc. Most of these tokens
are large, the size of a quarter to
half dollar, and ornate, with fancy
lettering and ornamentation. Their
distinct 19th century appearance
makes these tokens very popular
pany store. From the late 19th cen
Some new token manufacturers
of the time were turning out tokens
that were crude, but charmingly so.
Other token manufacturers or dis
tributors, such as the Brunswick
Balke Collendar Co., a billiard table
manufacturer, sold quality tokens
ber companies.
for use in making change for sales
SECURITY
tax amounts that were a fraction of
TELEPHONE TOKENS
a cent. The tax tokens were made in
These tokens of the 1930s and
very large numbers, and made out
of metal, plastic, and cardboard, in
lem. This was solved by adding an
Continued
obstacle at the coin slot, so that
only a special telephone token with
the corresponding groove, slot, or
shape, could fit in that particular
phone. The tokens were sold by the
proprietor of the store where the
phone was located. The series of
Goetz telephone tokens is charac
terized by differently shaped slots,
grooves and holes cut into the to
kens, and different code numbers
stamped on them. The tokens were
used primarily in the Chicago area
PINBALL MACHINE
TOKENS
The payout pinball machines of
the mid 1930s to mid 1940s gen
erated a large number of tokens.
There are two main groups of them
— those issued by the machine
manufacturers (bearing their initial
or name) and pinball tokens privately
made by merchants for use in their
machines. The latter group is re
prietor.
SLOT MACHINE TOKENS
(Circa 1898-1950)
The smaller size of slot machine
tokens left less room for ornamenta
tion and wording, so they aren't as
attractive or informative as the earli
er, larger tokens. Most early slot
machine tokens were solid; many
later ones have a hole in the cen
ter. Many slot tokens mentioned
the machines or manufacturers or
their amusement nature; others
have the merchant's name and value
We want to thank the many
people who responded to the ad
in the July issue of
The Coin Slot
Unfortunately, there were more
requests than machines.
The Wings were a terrific buy
at $200.00 each.
Our next great offer
will appear in
The Coin Slot
Watch for our future ads.
Penny Lane Antiques
c/o Jan or Ed Stevens
4820 N. Troy
Chicago, IL 60625
Large Evans Color Wheel
(Similar to a Big 6 Wheel.) 52 inch diameter. Restored
^, - mg\g\
Original Condition
$ 1,275
to mint condition
5C War Eagle NICE
10C Horsehead Bonus
$2,700
^ ^
Restored
o 5$ m Watling Fancy Front
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eum Twin Jackpot
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COAL D
MINE
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It was the
general
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coal mines to pay their employees
October 1982
1940s were issued by many states
slugging of pay phones was a prob
widespread appearance and popu
larity of the newly invented slot ma
chines. From that point on, tokens
the size of a nickel became very
popular. They served the same pur
pose as before, but now they could
be easily gambled away in the slot
machines, to the delight of the pro
© The International Arcade Museum
SALES TAX TOKENS
known. A similar, but smaller, series
of tokens are those issued by lum
In the early 20th century, the
with their name or advertisement
comprising the entire back of each
token. The Brunswick tokens are
popular because they picture a bil
liard table.
This series of tokens began to
fade out in the late 1890s, with the
in tokens. This way they didn't need
much cash on hand, and the miners
would spend the tokens at the com
different coal company tokens are
thousands of coal mining compa-
nies(mainly in West Virginia, Virginia,
with collectors
only.
Slot machine tokens comprise a
major series of 20th centu ry tokens,
with hundreds of thousands of dif
ferent machine tokens issued. Gold
Award, console, and trade stimula
tor tokens, different in appearance
and size from the nickel slot machine
tokens, were added to the scene in
the 1930s through 1950s. Only in
the last 20 years have these tokens
been collected and studied.
and Tennessee) issued sets of to
kens (10 through $1 or $5) for use
at the mines. About ten thousand
stricted to Minnesota and Wisconsin,
where thousands of merchants is
sued pinball machine tokena Most
of the tokens are nickel size or a
little smaller, or a little larger, (usual
ly worth 5 free plays), or much larger
(gold award type tokens).
tury through the mid-20th century,
A^^
$1,495
$ 1,200
We always carry a large selection of antique penny arcade
machines and diggers. Please call for more information.
Color photos — $2.00
STEVE GRONOWSKI
8008 Memory Lane, Chicago IL 60656
312-775-4023
http://www.arcade-museum.com/
THE COIN SLOT-11
Coin Slot Magazine - #092 - 1982 - October [International Arcade Museum]
denominations of mills (tenths of a
when even the non-silver Ike dollars
amusement arcades, video arcades,
cent). Some local governments in
were hoarded by the public. Tokens
Illinois issued their own 1/4 tax
are now in widespread use in the
These tokens are very plentiful
casinos of Nevada and Atlantic City.
A new token usually is issued each
year at each casino.
pizza and ice cream parlors, bowling
alleys, miniature golf courses, and
other places where machines are
operated. Even some adult movie
arcades use machine tokens.
We are in the midst of a major
series of tokens, the most interesting
of modern times. The arcade tokens
tokens.
today, with the common ones worth
just a few cents each.
PARKING AND
CAR WASH TOKENS
These fairly recent series of to
kens are collected mainly by trans
In the late 1960s, many casinos
also issued half dollar tokens. Some
have also issued, at times, $2 or $5
tokens Special silver strikes of many
are well made by companies such
gaming tokens were made for sale
as Van Brook, Meyer& Wenthe, and
portation token collectors. Parking
to.collectors.
Greenduck. The tokens bear the
tokens have been used all over the
FOOD STAMP TOKENS
country the past couple of decades,
These tokens of the 1970s resulted
from the widespread use of food
stamps and the regulation that
change from food stamp payments
couldn't be made in coins. Thus, to
kens in sets of 1 $, 5$, 10$, 250,50$
denominations were issued by a
thousand or so different supermar
kets and small markets all over the
country. Nearly all the tokens were
city and state of the arcade in most
cases, and have fancy ornaments
or pictorial illustrations.
Collectors of this modern series
of tokens find it difficult to keep up
with all the new issues appearing
all over the country. Probably a
thousand different arcade tokens
have been issued so far, and this
could just be the beginning. Nearly
every small town has an arcade or
two, and most arcades try using
tokens. The potential for this series
of tokens is enormous, and it's cre
ating new collectors.
maily to operate gates for entrance
or exit from parking lots. Places
such as hospitals, colleges, banks
and restaurants are users of these
tokens. Many Chambers of Com
merce have issued parking tokens
for use in downtown parking lots.
Often the tokens are given free to
customers, in order to exit the lot
without paying a parking fee. Some
parking tokens were also made for
use in parking meters.
Most car wash tokens are made
to operate self service carwashes.
Many carwash chains (such as Sof-
spra) issue a different token for
each location.
GAMING TOKENS
The increased value and disap
pearance of silver dollars from cir
culation in the mid 1960s caused
the Nevada casinos to issue their
own dollar gaming tokens. The is
suance of Eisenhower dollars ended
this initial use of tokens, but the
tokens came back in the late 1970s
made out of plastic. Some markets
used tickets or coupons instead of
tokens.
When that regulation was dropped
a few years ago, use of these tokens
stopped, creating a short-lived, but
large, series of modern tokens.
AMUSEMENT
ARCADE TOKENS
The fantastic popularity of modern
video arcade machines has gener
ated the current, widespread series
of amusement arcade tokens. Back
in the 1970s, these tokens began
appearing in pinball arcades, being
used instead of quarters. Tokens
are now used all over the country in
AUTO
BELL
MANUFAC
TURING
OTHER SERIES OF TOKENS
The series of tokens given above
each appeared during a relatively
short time period. Many other series
of tokens that are popular with col
lectors span a long time range.
These include transportation tokens
(of streetcars, buses, trains, etc.);
military tokens (post exchanges,
clubs, etc.); general store merchant
tokens; magician's palming and ad
vertising tokens; political tokens;
and souvenir tokens.
NOW—16 SETS
ROL-A-TOP& WATLING
BABY BELL STRIPS
Send me your readout!
4227 N. Elston,
Chicago IL60618
312-539-7880
Since 1948
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Slot Machines
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loa .arca
Parts own
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Slots h Restored
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New Token Vendors
om:
Zeke Wolf
Vince Cirone
© The International Arcade Museum
12-THE COIN SLOT
http://www.arcade-museum.com/
October 1982

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