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What we Know about the Antique Slot Machine

In 1895 rtp kafe777, Guest Posting a car mechanic from San francisco bay area, Charles Fey, introduced the first slot machine. He called it the Liberty Bell and it had three content spinning wheels, each adorned with diamonds, spades, kisses, and the picture of a chipped liberty bell. Though any combination of identical images paid, it was the chipped liberty bell that gave a fifty-cent jackpot.

The device made the lowly mechanic a nearby celebrity and he went on to design and offer any other versions of the device, including the first draw poker machine. He also developed a trade check separator, which made it possible for machines to distinguish between real coins and fake ones.

But it was his first slot machine, the Liberty Bell, more than any other that made Fey a rich man. At one point, he was hiring his machines out to bars and saloons for an incredible 50/50 split of the proceeds. Even then, the demand for slot machines was so great that Fey couldn't turn them out fast enough. He worked in a little shop and he repeatedly refused to sell the manufacturing or distribution legal rights to his machine.

Finally, a opponent by the name of Herbert Mills had had enough and he decided to produce his very own version of the famous machine. Although it was little more than a knock-off, Mills was the first to add fruit symbols (cherries, oranges, lemons, etc) to his machines.

As you might expect, these antique slot machines have become cherished collector's things that range in price from hundred to tens of thousands of dollars, depending, of course, upon the healthiness of the model. Obviously, the maker of the unit is really important as well.

Since Charles Fey made all of his machines yourself, an antique slot machine along with his name on it can be quite expensive. The Mills antique slot machine is also quite expensive, but because it is not nearly as rare or as sought after, they are very fraction of the price of an original Fey.

What should you look for in an antique slot machine? First and foremost, it is essential that the unit has been properly appraised and that it is a certified original.

Believe it or not, it is not uncommon for an antique slot machine to be remanufactured or reconditioned. This often means that the machine only has a few original parts, which means that if you purchase one you will likely be paying double or three times what that it is worth.

Whether you want an antique slot machine for decorative or investment reasons, you will want to make certain that you get the original article and that you have made a wise purchase. How wise?

Well, since antique slot machines will and can never be made again, and there are very limited number of them, the price of they is always on the rise. They are particularly common with successful businessmen who like to display unique and original items in their offices. It is not uncommon for serious investors to spend tens of thousands of dollars on an antique slot machine that is a genuine.

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