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 and range in size from 1-1/2 inches to 3-1/2 inches in diameter depending on the value. The $200 is the only Silver Strike to be paid by the attendant, due to its size and weight.  The $12 tokens are from cruise ships.
The current Silver Strikes being issued today are almost all $10 denominations, with some $200 strikes. However, the machines in use today have the capability to dispense $40 strikes. All of the $2, $3, $5, $7, $20 & $28 Silver Strike machines have been removed from play for some time. To see an image of what a $2, $3, $7, $10, $20, $28, $40 and $200 strike looks like, click on this link.  Silver Strike Images

Seems like this was addressed at the last silver strikers meeting?