Hi John,
We've been collecting ashtrays for several years, and have never seen that one, so it's probably a fake . MIGHT be worth $2, but I'm feeling generous, so I'll send you $3 for it. Please ship ASAP!

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Or, to be more serious, it is metal, correct? The metal 'trays don't usually get as much attention as the glass trays do. (Kind of like a hot stamp chip vs. one with an inlay?!) However, this metal tray is exceptional...and from one of the great old Reno clubs...racehorse keno gives it a fairly early date....it wouldn't surprise me to see it go over $100 (if the right collectors see it). Nice find!!