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Heritage is pleased to present this exciting category to our clients. A relatively new, but fast-growing hobby, casino chip collecting seems to have all the necessary components to continue to grow in popularity. For those who are new to this hobby, we strongly recommend the definitive reference book on the subject, co-authored by our own casino chip consultant, James Campiglia. Look for details on how to order at the conclusion of this introduction.

Chip Value There are five basic factors that determine the price of a chip.

Here is an overview of these factors, in order of importance:. The fewer chips available, the higher the price. This economic reality of supply and demand hasn't changed in thousands of years. The most popular location to collect is Las Vegas, Nevada.

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Therefore, if all things are equal, a chip from Las Vegas is more valuable than a chip from anywhere else. Second best is anything else from Nevada.

There is a strong demand to collect one chip from each club or casino be it Nevada, or Deadwood. In general, non-Nevada chips do not have the same demand, but there are exceptions. Also, some casinos are more collectible than others. A famous, historically significant casino like the Flamingo, Sands, Dunes, etc.

The attractiveness and artistry of a chip has a major impact on the price. Put simply, a chip with a nice picture inlay is far more desirable and valuable than a chip with a simple hot stamp. A chip with an inlay, but not a picture, would be somewhere in between. Of course, a chip with a hot stamped picture is better than one with just hot stamped words.

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Pick from the windows to try and uncover the devious robbers hiding on each reel before they make off with their loot! The hold is the average percentage of the money originally brought to the table that the player loses before he leaves—the actual "win" amount for the casino. During the first part of the 20th century, the only casino towns of note were Monte Carlo with the traditional single zero French wheel, and Las Vegas with the American double zero wheel.

Condition adds to aesthetic appeal. Beginners should not ignore this factor. Serious collectors have definite preferences. The best mold, by far, is the Arodie. Then follow the many Sm-key small Greek key as well as Rectl rectanglepopular molds used Old casino chips value the classic era Old casino chips value chips. This is very significant and applies to every chip ever made. Condition has become considerably more important over recent years.

Therefore, by using these five factors, it is feasible to arrive at estimates of value for chips that are not commonly sold, or for new discoveries. Theoretically, the most valuable chip would be a unique, NEW condition chip from Las Vegas with an Arodie mold and a great-looking, classic picture from a famous, historically significant casino. Rarity The rarity number e. R-9 is the best estimate of the number of surviving chips known to exist. In some cases, the numbers are known precisely, and in other cases, a consensus was reached based on experience, observation, and the opinions of knowledgeable collectors across the country.

One good way to remember this chart is to bear in mind that an R-5 chips is roughly equal to a box of chips. So, if there is definitely less than a box known 75 chips or lessthe rarity climbs to R-6, officially the point where a chip becomes "rare. See the chart below. Rarity Scale Known Survivors Unknown: Issue This is the chronological order in which we feel that the chips were issued.

Significant research was done to try and unlock this mystery. In most cases, the accuracy is very high; but some issues of some clubs are very difficult, if not impossible to determine. Occasionally, new discoveries cause and issue change, but this is rare enough not to cause any serious confusion. Grading Grading Descriptions or Standards are a result of natural use of chips and tokens.

Never used in games: Only slight signs of use: Typical chip found in play after months or years of use: Edges that were formerly sharp and square, are now well worn like bicycle tires' original hot stamp foil is mostly missing with only the recesses visible may have to hold towards a Iight ; moderate to large chips nicks ; surface cross hatching barely visible if at all ; severe scratches to inlay of chip surface; severe color fading; partial wear up to half of Chipco design from the edge to the center of the chip.

Damage, such as cracks, breaks, missing inlay or other chip structure, do not apply to this category.

Cancelled or Modified either by the manufacturer or the casino: Drilled, Notched, Overstamped, Clipped, Painted. Severe nicks or chunks, Loose or missing inlay, Cracked, Broken, Warped, Permanent stain, Severe fading, Cigarette burn s or fire damage, Over-cleaning faded dried out look with grainy appearance.

The Club has already enrolled over 7, members. Membership has many benefits. The above information has been adapted from: This book includes images of over 2, casino chips with many never before published listings. To be totally up to date on this fast paced hobby, you will want to see these chips from top collections.

Don't miss this opportunity to add this book to your reference library. Please contact Heritage Client Services at to reserve your copy. Here is an overview of these factors, in order of importance: Condition has become considerably more important over recent years Therefore, by using these five factors, it is feasible to arrive at estimates of value for chips that are not commonly Casino 1995 megashare, or for new discoveries.

Condition Descriptions or Standards are unnatural changes in chips as a result of other causes. Specimens in this "condition" category may be graded in any of the five "Grading Descriptions. It is not in the original grade as when it was made. The "Condition" category consists of the following terms that should be used as qualifiers to further accurately describe the five grades:

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  1. Find great deals on eBay for RARE Casino Chips in Collectible Individual Casino Chips. Shop with confidence. See pics for condition. Thanks for looking. Free Shipping. Chip has a $35 book value. been discontinued no longer produced. Old Mixed Casino Gaming Lot of 12 Chips/Tokens Las Vegas, Nevada RARE!.:
    For poker players, the old days are the glory days—when players tossed expensive, monogrammed chips into the These chips, which have little value, usually have a picture on them (a portrait, animal, or object such as a car, crown, or lighthouse) and no denominations—players determine their value by the colors. Jun 22, Sometimes, though, the value of the objects of their new passion can be just as staggering. Last year, Eric Rosenblum, a lawyer from Merrick, N.Y., sold a $ chip he picked up in the s at the now defunct Desert Inn casino here for $20, Returning home from a vacation some 45 years ago. Less than face value. Once, while travelling, I found a casino that had changed their chips out (and their name) - the old chips were no longer negotiable. They were selling off boxes of low denomination chips (60x $5, 20x $1 - $ face value) for $10 - about 3% of face value. IMO, the frames are worth.
  2. Casino chip collecting became increasingly popular during the s, as evidenced by the sale of chips through several casino and collecting newsletters. Bill Borland's Worldwide Casino Exchange (early s) had a casino story each issue and dozens of old chips for sale. Likewise, Al W Moe's Casino and Gaming .:
    Casino chip collecting is a part of numismatics, more specifically as specialized exonumia collecting. This hobby has become increasingly popular with the Casino Chips & Gaming Tokens Collectors Club formed in Some collectors may value certain casino tokens up to $,, which are typically traded on online. For those who are new to this hobby, we strongly recommend the definitive reference book on the subject, co-authored by our own casino chip consultant, James Campiglia. Look for details on how to order at the conclusion of this introduction. Chip Value There are five basic factors that determine the price of a chip. Here is.
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Game Old casino chips value Cash reel, pay-line

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That being said, chips can still be shared between friends. For example, if you visited Vegas and came away with a few left over chips, you could give them to a friend, who is planning a trip shortly after.

However, if the friend then wants to cash in those chips, they may be asked to prove their provenance. When you hear of a casino chip having an expiration date, the first thing you should do is attempt to cash it in. However, we understand that this is easier said than done. Usually, however, this will only be allowed for lower denomination chips. If you do have old and expired casino chips the best thing you can do is to keep hold of them. Many casino chips are collectibles, especially those which are out of circulation.

Collectible chips can soar in value and become worth way more than they ever started out as. The best way to store a collection is to keep them in a folder. As opposed to a coin collection, cleaning the chips will not decrease their value but is still not recommended unless really necessary.

Chips have inlays and hot stamps on them which can get unreadable over the time if they are not maintained properly. The hot stamps and the inlays of the chips are what determine their value so it is very critical to ensure that these are not severely damaged while handling them.

Collectors especially should be careful and maintain their rare chips effectively to keep their value intact. From Wikipedia, the free encyclopedia. This article includes a list of references , but its sources remain unclear because it has insufficient inline citations.

Please help to improve this article by introducing more precise citations. September Learn how and when to remove this template message. Retrieved from " https: Articles lacking in-text citations from September All articles lacking in-text citations.

Views Read Edit View history. This page was last edited on 31 July , at Rarity Scale Known Survivors Unknown: Issue This is the chronological order in which we feel that the chips were issued. Significant research was done to try and unlock this mystery. In most cases, the accuracy is very high; but some issues of some clubs are very difficult, if not impossible to determine. Occasionally, new discoveries cause and issue change, but this is rare enough not to cause any serious confusion. Grading Grading Descriptions or Standards are a result of natural use of chips and tokens.

Never used in games: Only slight signs of use: Typical chip found in play after months or years of use: Edges that were formerly sharp and square, are now well worn like bicycle tires' original hot stamp foil is mostly missing with only the recesses visible may have to hold towards a Iight ; moderate to large chips nicks ; surface cross hatching barely visible if at all ; severe scratches to inlay of chip surface; severe color fading; partial wear up to half of Chipco design from the edge to the center of the chip.

Damage, such as cracks, breaks, missing inlay or other chip structure, do not apply to this category. Cancelled or Modified either by the manufacturer or the casino: Drilled, Notched, Overstamped, Clipped, Painted.

Severe nicks or chunks, Loose or missing inlay, Cracked, Broken, Warped, Permanent stain, Severe fading, Cigarette burn s or fire damage, Over-cleaning faded dried out look with grainy appearance. The Club has already enrolled over 7, members. Membership has many benefits. The above information has been adapted from: This book includes images of over 2, casino chips with many never before published listings.

To be totally up to date on this fast paced hobby, you will want to see these chips from top collections. Don't miss this opportunity to add this book to your reference library. Please contact Heritage Client Services at to reserve your copy.

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However, if the friend then wants to cash in those chips, they may be asked to prove their provenance. When you hear of a casino chip having an expiration date, the first thing you should do is attempt to cash it in.

However, we understand that this is easier said than done. Usually, however, this will only be allowed for lower denomination chips. If you do have old and expired casino chips the best thing you can do is to keep hold of them. Many casino chips are collectibles, especially those which are out of circulation.

Collectible chips can soar in value and become worth way more than they ever started out as. If you have an expired chip in your possesion, you can get it valued by an antique dealer or at a chip collector convention. When a casino decides to bring out a new set of chips, therefore rendering the old ones useless, they must dispose of the old ones in a controlled way.

The printed graphics on clay chips is called an inlay. Inlays are typically made of paper and are then clad with a plastic film applied to the chip prior to the compression molding process.

During the molding process the inlay becomes permanently fastened to the chip and can not be removed from the chip without destroying the inlay. Ceramic chips were introduced in the mid s as alternative to clay chips, and are also used in casinos, as well as being readily available to the home market.

The ability to print lettering and graphics on the entire surface of the chip, instead of just the inlay, made them popular. Ceramic chips are sometimes also referred to as clay or clay composite, but they are in fact an injection-molded chip made with a special plastic or resin formula that approximates the feel and sound of ceramic or porcelain. There are less expensive chips for the home market, made from various forms of plastic and plastic covered metal slugs as well.

There is no universally standardized color scheme for poker chip values, and schemes not only vary nationally and regionally, but even from venue to venue, or by event type within a single venue. Chip colors found in home sets typically include red, white, blue, and sometimes green and black; however, more recently a wide assortment of colors have become readily available, particularly in lower-cost ABS plastic chips.

Common additional colors are pink, purple, yellow, orange, and grey. Newer designs in home chips include three-color designs where a three-step molding process creates a chip with unique base, secondary, and detail colors. In casinos, uniform chip colors and sizes are sometimes specified by the local gaming control board for consistency.

For example, regulations in New Jersey [2] and Illinois [3] specify similar uniform colors. All US states where gambling is legal require that casino chips have a unique combination of edge spots for identification, the name and location of the casino and the chip's value, if any, impressed, printed, or molded onto the obverse and reverse of the token.

In 19th-century America, there was enough of a tradition of using blue chips for higher values that "blue chip" in noun and adjective senses signaling high-value chips and high-value property are attested since and , respectively.

Because eight is considered a lucky number in Chinese culture, chips denominated 8, 88, and e. They will sometimes contain an image of the animal associated with the year and are issued in a variety of colors. Low-denomination yellow chips vary in value: Such chips are often yellow or orange. Casinos often use gaming plaques for these denominations: These plaques are about the size of a playing card, and must be marked with serial numbers.

Each casino has a unique set of chips, even if the casino is part of a greater company. This distinguishes a casino's chips from others, since each chip and token on the gaming floor has to be backed up with the appropriate amount of cash. In addition, with the exception of Nevada, casinos are not permitted to honor another casino's chips.

The security features of casino chips are numerous. Artwork is of a very high resolution or of photographic quality. Custom color combinations on the chip edge edge spots are usually distinctive to a particular casino. UV markings can be made on the inlay. Also, makers' marks are difficult to reproduce. Also being used by one manufacturer, Palm Gaming, is an audible taggant incorporated into the ceramic chip blank.

A simple handheld reader will beep if the gaming chip is authentic. Palm Gaming is even manufacturing custom made molds for their ceramic gaming chips- adding yet another high level of security to its gaming chip. The Chip Rack , now in its 15th edition, attempts to include all chips and checks issued by casinos in the State of Nevada. As well as the system for grading chips, there is also a system for identifying chips shown below:.

There are many different ways to collect casino chips. Because of the amount of chips available and the increasing price of some, collectors have begun to specialize. A collector might choose to collect every chip from a certain casino or one from every Las Vegas casino. The first rule of proper care and storage is to keep them away from sunlight and fluorescent light.

The best way to store a collection is to keep them in a folder. As opposed to a coin collection, cleaning the chips will not decrease their value but is still not recommended unless really necessary. Chips have inlays and hot stamps on them which can get unreadable over the time if they are not maintained properly. The hot stamps and the inlays of the chips are what determine their value so it is very critical to ensure that these are not severely damaged while handling them.

Collectors especially should be careful and maintain their rare chips effectively to keep their value intact. From Wikipedia, the free encyclopedia. This article includes a list of references , but its sources remain unclear because it has insufficient inline citations.

You have any questions, Old casino chips value will connect

40 rows · We offer many old casino chips and very rare vintage casino chips from Las Vegas for sale. One of a kind casino chips to see. Casino chips, which are usually made of composite chips, have a unique sound that is why they are costlier than the plastic chips. The design One of the most important factors which determine the value of the chips is the design itself. • This casino chip price guide features more than 2, rare casino chips, worth over Five Million Dollars are pictured in full color. • All chip prices and rarity ratings have been completely revised and updated.

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