By 1991 riverboat casinos were just starting and The President was among the first. It changed owners a couple times and eventually went bankrupt in 2003 and sold to other casino operators. Of course the casino was too expensive to rebuild and open so the license was surrendered and ship sold for scrap.
The token can no longer be redeemed and is so common it hold little extra value. I think it is some sort of copper-nickel mix but I cannot really tell. It is not magnetic and the internet tells me little about composition. There are no visible mint marks or claims by producers.
Here are the stats for this token...
Type / Country: 5 Cents token - St. Louis, MO / America
Year: Early 1990s - 2010
Mintage: Unknown
Metal: Unknown
Diameter: 0.8125 inch Thickness: 0.0312 inches Weight: 3.95 grams
Value: $1.00 in circulated Very-Fine
Obverse Writing: PRESIDENT CASINO ON THE ADMIRAL ST. LOUIS MO. 5 ¢
Reverse Writing: ACCEPTABLE ONLY AT THE PRESIDENT CASINO ON THE ADMIRAL NOT LEGAL TENDER 5 ¢
Do you have a token and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.
That's pretty cool! Might be my favorite yet featured by you :)
ReplyDeleteThat's pretty cool! Might be my favorite yet featured by you :)
ReplyDeleteThanks I got this as a nickel at lunch.
There is a local fast food joint that I've been going to and they been giving me a bunch of odd coins because they know I collect.
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ReplyDeleteGot a 5cent coin from grandfather wondering if it worth anything
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ReplyDeleteI actually have one of the oval windows from the Admiral. Very little scrap was saved when they demolished it so it may be one of a kind. I am curious to see what the value could be.
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