Auctions, Coin-Ops — October 1, 2015 at 12:00 am

Morphy’s $3.7 Million Coin-Op & Advertising Auction, May 1-3

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Caille 5-cent roulette slot machine set new world auction record, selling for $300,000

LAS VEGAS – Morphy’s hit the jackpot over the weekend of May 1-3 in Las Vegas, with a $3.7 million auction of antique coin-ops, gambling machines and advertising. Leading the parade of beautifully preserved gaming rarities was a Caille Peerless 5-cent floor roulette slot machine in spectacular original condition. Described as “one of, if not the best example known,” the richly embellished nickel-on-oak device set a new world auction record for a slot machine when it cashed out at $300,000, well above its pre-auction estimate of $200,000-$250,000. All prices quoted include 20% buyer’s premium.

“We expected there would be a lot of competition for that particular machine,” said Morphy Auctions president and founder, Dan Morphy. “It had everything going for it and was a connoisseur’s piece. Whenever an item comes up with such originality and such a beautiful patina, it draws the attention of the most serious of collectors.”

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