How much do slot machines go for?

[WhereEaglesDare]

How much do fully functional 100% working old style slot machines go for?  What should I look for that will hurt value?  Im looking at two "chromed out" slots that take tokens.  Allegedly fully functional, we shall see.  One is called Triple 7s and they didnt recall what the other was called, but she will let me know tonight.  Any help?

[Pinball Wizard]

I'm no expert in the area, but it all really depends on the era they are from and such. You'd really need more info before we can help you on that one.

[WhereEaglesDare]

Okay Im going to go look at them tonight, I'll take pictures and make sure they are working.  I just dont know what kind of good deal Im getting til I know how much I could resell them for.

[WhereEaglesDare]

$1,500 for a newish one if it works, $50 if the battery has died.

Good luck flipping slot machines in this economy.

They have batteries?  This looks like it may be a old school reel slot machine.

Whats the lowest a working reeled slot machine could go for?

[Pinball Wizard]

Again, heavily based on the year its from, but I bought a slot machine from 1982-1986 range (no exact year, just a range they were made) non-working for, I believe, $150. Same auction a fully working one from similar year range went for $400. I actually knew who sold that machine, I went looking at it 6 months prior. These both were Bally slot machines, mine was pulled from I think Tropicana, so I'm referencing Vegas slot machines.

[WhereEaglesDare]

Im sure there are several makers of slots but which ones are the ones to look out for?  What names are quality?

[WhereEaglesDare]

Ahh nevermind, they said I could come down and look at them tonight and they just sent me an email saying tonight is no good, but Friday would be better but Im flying out on Friday so forget it.  Thanks you guys for you help though.  If they still have them when I get back Ill go get them then

[Ken Layton]

There's a glut of slot machines out there right now.

First thing to do is check your state laws on slot machines to find out if they are legal to own in your state and how old they have to be. Here in Washington state, the law states the machine must be 25 years old or older. They are considered antiques and must not be put "on location" as a gambling machine. If the machine is newer than 1986 the machine is illegal to possess and will be confiscated & destroyed. It is a felony in this state to possess newer slot machines. Even those Japanese "skill stop" slots are illegal here.

Mills, Jennings, Watling, and Pace made the purely mechanical slot machines all the way to the mid 1960's.

Bally, IGT, and Williams made the electromechanical and electronic slot machines used today.

[RayB]

I've seen some modern ones by Konami. 

[newkillergenius]

There's a glut of slot machines out there right now.

+1

FWIW, I just sold an old-school bandit, fully working for 80$ in Tulsa.