What is a Silver Strike?

The definition is Limited Edition silver token won from slot machines and is in a protective plastic holder. Some call them "Silver Premium Tokens", but most of us just call them "Silver Strikes". These tokens are issued in many casinos throughout the United States, Canada, the Caribbean and Cruise Ships. The first of these tokens were won from slot machines in the Reno/Tahoe area of Nevada in 1992.

The tokens have been issued with redeemable values of $2, $3, $5, $7, $10, $12, $20, $28, $40, $200, $300 and range in size from 1-1/2 inches to 3-1/2 inches in diameter depending on the value. The $200 & $300 are the only Silver Strikes to be paid by the attendant, due to its size and weight.  The $12 tokens are from cruise ships.