El Cortez Casino Silver Strike Token 1996 Building New Case

Description

El Cortez Casino Silver Strike Token
1996 Building
Released 1997
- Spelling Error - "
Limitied" on design side.
Smooth Edge
Approximately .58 Oz of Silver (according to William Cohenour's Comprehensive Nevada Silver Strike Reference Catalog)
S Mint Mark (Sunshine Mint)
New Case/Capsule measures approximately 1 ⅞  inches in diameter
SSC#: EClvnv-007
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Front/Face -
Center: El Cortez Jackie Gaughan Nevada Pioneer Logo, .999 Fine Silver
Rim:
Limited Edition Ten Dollar Gaming Token, Las Vegas, Nevada
Back/Reverse -
Center: 1996 Building
Rim:
Limitied
Edition Ten Dollar Gaming Token, El Cortez
The El Cortez released silver strikes on and off throughout the years. The first release was 1996-1997.
Fun Fact:
7 out of 10 strikes had spelling errors in the first two years.
The El Cortez is one of three casinos in Las Vegas that has a silver strike machine on the floor.
Please look closely at the photos.  There are photos with the case off and with the case on to show the true beauty and detail and condition of the token.  The case is new and has never circulated
through
a silver strike machine.
The token may have some toning due to age.
El Cortez Casino History:
Located at 600 East Fremont Street in Las Vegas, NV, The El Cortez has been in operation for 77 years.  It opened on November 7, 1941 and is one of the oldest casino-hotel properties in Las Vegas.  The theme is Spanish Colonial Revival. In 1945, the notorious Bugsy Siegel, Meyer Lansky, Gus Greenbaum and Moe Sedway bought the property.  In 1946, they sold it back to one of the original owners J. Kell Houssels.  In 1963, Jackie Gaughan purchased the property.  Gaughan lived in the El Cortez's tower penthouse and was known to be on the casino floor daily.  In 2008, Gaughan sold the property to Kenny Epstein, a longtime friend and business partner.
Who is Jackie Gaughan?:
Jackie (John Davis Gaughan, Sr.) was a prominent casino owner and operator in the downtown area of Las Vegas since the 1950's. Although he had ownership interest in many casinos in Las Vegas, he is most well known for ownership in the Plaza, Las Vegas Club, El Cortez, and Gold Spike.  He was from Omaha Nebraska and lived from 1920-2014.
Fun Fact #1
:  Jackie Gaughan lived in the hotel and played poker in the poker room until his death on March 12, 2014.
Fun Fact #2:
On February 22, the El Cortez was placed on the National Register of Historic Places.
Fun Fact #3:
The location of the El Cortez was originally considered too far from downtown to be successful.
Fun Fact #4:
Urban legend is that there are ghosts and bodies buried in the basement of the El Cortez.... Jackie Gaughan paid for the funerals of a number of employees over the years - some of their erns are stored in the basement. (said by Kenny Epstein in an interview)
Fun Fact #5:
When Jackie purchased the El Cortez in 1963, he inherited the care of Mobster Irish Green, who did right by Bugsy Siegel and got put up in the El Cortez for life.
What is a Silver Strike?
A Silver Strike is a Limited Edition Gaming Token which is won from a special slot machine and is in a protective plastic holder. People from all over the world collect, buy, sell and trade these unique gaming tokens.  The first Silver Strikes were won from special slot machines in the Reno/Tahoe area of Nevada in 1992.  The tokens have been issued with redeemable values of , , , , , , , 0 and 0.  The most common denomination is .
Did you know that the older silver strikes have a higher silver content?  When the price of silver went up, the silver content went down - it was impossible to make a silver strike for .  Many silver strikes today are CLAD or heavy silver plated.
Feel free to ask any questions.
Thanks for looking... Silver Strike Club Member # 055
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