Someone please explain to me how this chip fetched $6,211.11 (1 Viewer)

Well, looking at the bidders list, I'd venture to say no, it's not money laundering. Those serious chip singles collectors are even more crazed than we are.
 
That’s about the price of this one too.

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People on this board are paying $30+ per chip for chips that are available in the hundreds. There is literally nothing ‘scarce’ or hard to find about almost all of the chips popular on this site. The chip you linked, I’ve never seen before. Truly a hard to find chip. Combine that with the pockets and you get $6000 chip.
 
I caught it right before it ended and the price jumped over $2K in the last 30 seconds.
 
guess it spoke for itself. Looks like 6 ballers still battled it out even after it hit 3k in bids.

from 1948
Its a z7 in the chip rack. $8100-$20,099 book price
Thats the third highest rating.
z8 goes to 99k then z9 is the highest. 100k+
 
I have an older price guide book " The Official U.S. Casino Chip Price Guide"

Thunder Bird 3rd edition - dates to 1950
Rated a Rarity of 10 - Known Survivors of this chip at the time 2-3 chips

Book Value
AVG - $7,500
S-U - $10,500
NEW - $15,000

This chips value is 2nd to the Thunderbird $25 3rd edition chip - 8k / 12k / 16k
This chip is listed as unique - listed as only 1 chip out there.
 
What chips are z8 and z9? You know, just in case I find one at a garage sale or estate sale or something.
 
I have an older price guide book " The Official U.S. Casino Chip Price Guide"

Thunder Bird 3rd edition - dates to 1950
Rated a Rarity of 10 - Known Survivors of this chip at the time 2-3 chips

Book Value
AVG - $7,500
S-U - $10,500
NEW - $15,000

This chips value is 2nd to the Thunderbird $25 3rd edition chip - 8k / 12k / 16k
This chip is listed as unique - listed as only 1 chip out there.
...and for this reason I can understand its value. Why peeps are paying / asking $50+ for CHS chips still eludes me however..
 
Sounds like we need a new off-topic thread called, “What is the strangest thing you’d pay $6,000 for?”
 
I remember on an old Pawn Stars episode a guy brought in a rare chip. The Old Man commented that he got burned on rare chips because someone would always find a box of them in their attic, or something like that.
 
Is it just me or dies the bird look like it is dancing with itself?
 
Pretty disgusting the fees charged.

Should be X% up to $25 max.
 
People on this board are paying $30+ per chip for chips that are available in the hundreds. There is literally nothing ‘scarce’ or hard to find about almost all of the chips popular on this site. The chip you linked, I’ve never seen before. Truly a hard to find chip. Combine that with the pockets and you get $6000 chip.

F@ck me, so somewhere there's a forum devoted to expensive chips?
 
I mean really? Is this eBay money laundering?
It fetched this much because someone was willing to pay one penny more than the other guy willing to pay $6,211.10.

As someone who has paid $30+ a handful of times to finish a barrel on a deadline I can say it's all about people's willingness to pay a certain price at a certain time.
 
What chips are z8 and z9? You know, just in case I find one at a garage sale or estate sale or something.
Only (3) in the chip rack 16. These are two of them ranked z8+.

Golden Goose and Lucky Casino

If you see the goose with the golden eggs don't leave the garage sale without it
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The Thunderbird Chip is very cool. I had a snipe bid, but was way way too low.

Only (3) in the chip rack 16. These are two of them ranked z8+.

Golden Goose and Lucky Casino

If you see the goose with the golden eggs don't leave the garage sale without it
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View attachment 135144

At the Annual Chip Convention a few years back those very 2 chips were bought/sold in a private transaction. Per published reports, the Golden Goose $5 (only 1 known) reportedly sold for $75k and the Lucky Casino $5 (2 known) sold for $52k. At those prices, there is probably only 1 or 2 collectors that could afford to pay that much.
 

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