Casinos have in recent years released silver coins called casino strikes. These are becoming more scarce, since most casinos have ceased with the practice. These are collected by a rather large number of people, and each casino strike has its own value. Those from closed casinos or from the Nevada area seem to have higher value than those from Iowa, Louisiana a or Mississippi.
Casino strikes do carry a mint mark, and several mints have produced them. They come in $7, $10, $20, $28, $40, $100, and $200 denominations.
A few $5 strikes are in existence, but those are not so widely collected. The $5 casino strikes usually are brass, perhaps plated with gold, and come in sets of four. While they are often as beautiful as other strikes, they suffer from the lack of silver content.
The other denominations are often 0.999 fine silver. However, the lower denominations have a rather large bras ring encircling the smaller silver disk. The $10 strikes generally have a silver content of no more than just over 0.6 ounce. They are often advertised as 1-ounce coins because people do not allow for the brass ring. The silver content does depend on the denomination, and some of the higher denominations do not have the brass ring, are physically larger, and are highlighted with 24-kt gold. This gold highlight can really add to the beauty of a $40 casino strike.
A few silver casino “bingo” token exist, and differ from the conventional casino strikes.
One thing to watch out for is that several casinos offer casino strikes that are identical on one side. It appears at least one mint has made designs and made casino strikes for multiple casinos using the image. Of course there cannot be a duplication of the side bearing the name of the casino.
The most common casino strikes are the $10 denomination. The $28 dollar denomination is rarely available. Occasionally, $40, $7, and $200 denominations appear on Ebay. Not many casinos used the $20 denomination, but a few do exist.
Collecting these does not mean collecting all that were ever made. Some people collect those with cars, some horses, and so on. More so than with coins, theme collecting appears to exist for casino strikes.
This article is being made available from Black Spaniel Gallery at http://blackspanielgallery.comby the author. Links to major English speaking mints are available at Black Spaniel Gallery.
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