Not Mine $1000 Bellagio Chip for $500 (3 Viewers)

JrChief8

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RFID technology, players card. Serial # on high denoms, but a 1k wouldn’t be hard to cash imho
I thought that might be the case but it got me thinking do they know exactly who takes what chips over a certain denom size.
Like how do they know who has what serial number to mark it as “missing or stolen”?
I once watched Dnegs have a draw with random chips and one being a $5k Aria flag, would that chip get marked as missing? Therefore can no longer be cashed?
 
I cashed a $500 chip at the Orleans last week.
They asked where it came from and I said ‘the craps tables’.
They called the pit to confirm.
All that for a $500 chip.

Now imagine trying to cash a random 1K chip at a core Vegas strip casino that was the victim of the biggest robbery in modern LV history.
 
There was a Venetians $5k chip on eBay a few months back and I put in my cart to see what “offer” they’d send me. $2,500 was the offer, so higher denoms are useless once they leave the premises?
 
There was also the story of the guy that sold his car for X number of Resorts World LV chips. He went and tried cashing them in and of course ran into the issue of doing so.

Most people don’t know this stuff with high denoms.
 
I do know different properties have different ways of operation. Some would probably ask for ID and such, others probably wouldn’t care. Just depends
 
When you think about it, this $1,000 chip will definitely be worth more than $500, especially when the design is retired or the Bellagio closes/rebrands.
I wonder what a 1998 Bellagio $1,000 chip would go for now...I'm guessing quite a bit over face value, as there are probably only a few out there.
 
When you think about it, this $1,000 chip will definitely be worth more than $500, as soon as the design is retired or the Bellagio closes/rebrands.
I wonder what a 1998 Bellagio $1,000 chip would go for now...I'm guessing quite a bit over face value, as there are probably only a few out there.
Off to the side but @betmorewinmore would probably know better. These are both cancelled.

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I’d buy one if it wasn’t cancelled. But being cancelled I don’t see or understand the value.
 
Yes, no way I would pay those prices for a cancelled chip, but I wouldn't buy any cancelled chips at any price.
 
Singles collectors are wild. Whole other world. $3800 for a warped chip sealed in glass or whatever that is. No thanks!
I can’t tell if it’s $3800 or $38 but it’s sealed in acrylic.

I had one a while back that was in a square lucite and it had the same $100 Ringmaster in it.
 

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