Guests in saloons and bars used these novelty devices to bet and then exchanged won nickels for drinks and cigars. The first gambling machines featuring racing toy horses appeared in 1885. The term SLOT MACHINE came from putting a nickel into the coin slot and was initially referred to as standard vending machines produced in the 1880s. The Law about Owning an Antique Slot Machine.Ways to Estimate Antique Slot Machine Value.
