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From the casual research I've done it appears to be a mid 1970's model.
Balls are not terribly expensive- $38 for 500.
The "authentic" ones with logos engraved are a bit more.
I learned each machine was only legal for one year.
That must have kept builders busy.
I had seen a video in the 90's that was shot in the early 70's and featured a whole parlor full of 20 to 60 something Japanese women chain smoking and just firing ball after ball after ball.
The payout on this machine is always 14 to 1.
Not sure how much it cost to buy balls but if the parlor sold cigarettes I bet they made just as much on that.
A friend of mine growing up in the '80s had one in his house, not sure if I ever knew the story on how they ended up with it, but I don't remember now. Haven't seen one of those in decades. Cool find!
I lived on Okinawa for 9 1/2 years (2 tours there) and Pachinko parlors were abundant and popular. Very reminiscent of any casino in Vegas or Reno, lots of old people smoking and pissing away money. I never played them and in general Americans were not usually very welcome in there but those who I knew that did play it were not overly excited about it. Said it was fun but a but tedious.
I lived in Nagoya, Japan in the early '80's. Interesting thing about the Pachinko parlors was that gambling was technically illegal, but you could trade your balls in for prizes, food, etc. much like game tickets at Chuck-E-Cheese. We saw a lot of people trading them in for pencils which seemed odd. There was a small convenience store just down the street that had a small, burlap-covered hole in the wall near the door where you could pass your handful of pencils and receive cash.
Last time I played Pachinko in Kirisawa Japan I had won a pallet or two of pachinko balls. I pissed off a lot of the locals. I dont remember how much money I won but think it was a couple hundred US equivalent. Even more strange was I had a lot to drink before that.
My brother sent this one home from his time in the veitnam war, in like 71 I think. As a teen all the balls that had Japanese writing on them were launched from my wrist rocket, and I cant say where or at what.
It has been in storage since about 1980. I just pulled it out of storage last week.
Takes 2 D batteries