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We receive phone calls and emails from collectors asking
about antique slot machine appraisals for insurance purposes. I thought this would be an excellent blog
topic as it usually is not discussed.
Whether you have one or numerous slot machines, it is
important to know if your antique is covered by your homeowners insurance or
collectors insurance. In a lot of cases
(but not all), insurance companies may require a professional appraisal in
order for your machine to be covered.
This is a service that the Nation’s Attic offers for a
minimal fee.
One option that is available is the historical report, which
provides detailed facts and interesting trivia about a single machine. The second option pertains more to a
collection, which is a condensed version.
Both options include the replacement value and are printed on our
business letterhead.
We have seen antique slot machines come into our shop,
because it has been destroyed by flood, fire, hurricane, tornado’s, burglars
and so forth. It might be worth a phone call
to your insurance agent to verify your antique slot machine(s) is covered with
your policy. If a professional appraisal
is indeed needed, please feel free to contact the Nation’s Attic at slots@nationsattic.com or 316-371-1828.
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