Trying to understand the valuation between different sets of chips (1 Viewer)

I guess what I meant was, to me 'rarity' is a relative term to say, my clay cost more than your clay

That all depends on prospective buyer(s). This is a funny little market niche -- most of the buyers in PCF are on the Paulson/TRK bandwagon, and that's what has driven Paulson prices sky-high.

If that weren't true, GPI wouldn't sell BJs for a lot more than Paulsons.

About ten years ago, the upper bound for most sought-after chips in quantity on CT -- e.g., Detroit quarters -- was $1.50 apiece. I thought that was pretty outrageous. :cool

I don't know what drives most people in acquiring chips. For me, it's a personal connection to the source; often it's having played there.. That's probably why I don't have a lot of interest in making customs. So although someone's TRKs may have cost a hell of a lot more than my CiC Mullet Bays, there's no way I'd trade at any conceivable exchange rate.
 
That all depends on prospective buyer(s). This is a funny little market niche -- most of the buyers in PCF are on the Paulson/TRK bandwagon, and that's what has driven Paulson prices sky-high.

If that weren't true, GPI wouldn't sell BJs for a lot more than Paulsons.

About ten years ago, the upper bound for most sought-after chips in quantity on CT -- e.g., Detroit quarters -- was $1.50 apiece. I thought that was pretty outrageous. :cool

I don't know what drives most people in acquiring chips. For me, it's a personal connection to the source; often it's having played there.. That's probably why I don't have a lot of interest in making customs. So although someone's TRKs may have cost a hell of a lot more than my CiC Mullet Bays, there's no way I'd trade at any conceivable exchange rate.
Very good point. I tend to agree here
 
Different mold, different spot colors, different inlay. Different enough to pass the internal guidelines. Blame the process, not the person following it.

Nobody has ever produced any kind of proof that the chipset was changed for any particular reason. In fact, some chips from that set were used in 2019.

That's misleading to say some chips from that set were used in 2019. None of the chips that were counterfeited were ever used again and never will be. The chips which were in play in 2019 are high denoms that weren't copied.

There's plenty of proof too. The last second rush order from GPI using the same inlays from the originals which didn't even match the colors on their replacements (e.g., gray inlays on brown T100s) should be all the proof anyone ever needs. Also, the fact that these showed up about a month AFTER I told everyone that they were in production and would be coming soon should have been pretty compelling evidence as well. Also, there was a 1st hand conversion between someone I can't name and the Caesar's GPI sales rep who owns the WSOP account before these chips came out, and he was beyond pissed off about that set. He said they had to replace all the chips for free which he didn't get any commission from.

Sure, there isn't an audio recording of that conversation if that's what you mean by "proof", but I don't understand why you continue to deny that this happened. It's common knowledge at this point.
 
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Newbie question here. I am trying to understand the exuberance around certain chips becoming available. I get the basics that price is driven by an demand vs supply (ie rarity) -- and I assume that there more to it than that (colors, spot patterns, quality, age, etc); and of course THC, RHC, TRK, etc plays a role. However, getting basic economics out of the way, what it is for instance the hype around the Lakeshore Inn chips? Is there history there that I am not aware of? I agree they are nice looking chips, but that alone can't explain the excitement level around them.

What am I missing?

All of the things you mention have weight in the value of chips. With the Lakeshores, it's really just the perfect storm. They're super rare (they've never been auctioned off before), they have an epic inlay design/logo, shaped inlays, leaded, minty sharp edges, Paulson THC, yellow $5s, insane colors on every chip, perfection of the full color palette across the set as a whole too (not just each chip), and it's all done with utter simplicity. Everyone has their own tastes, and some will certainly disagree with mine here, but for me and my tastes, these are hands down the greatest chips ever made, full stop. I wouldn't even trade mine for a set of Mapes or ACFs.
 
That's misleading to say some chips from that set were used in 2019. None of the chips that were counterfeited were ever used again and never will be.
Not true, on several levels. For starters, nobody counterfeited anything, that's a crock of inflammatory hyperbole -- just look up the definition of 'counterfeit'. I thought you were smarter than that, Travis.

Regardless, your definitive statement above is simply not true -- the white 100K chips were certainly used this past summer, maybe the 25Ks too (I'd have to verify those). Tourney pics were posted in a thread here on PCF.
 
Not true, on several levels. For starters, nobody counterfeited anything, that's a crock of inflammatory hyperbole -- just look up the definition of 'counterfeit'. I thought you were smarter than that, Travis.

I think it's a matter of perspective, and possibly semantics. If intent is what we're talking about, then I agree, no one had these made looking to defraud anyone at the WSOP. But from the WSOP's/Caesar's perspective, they were precisely that.

Regardless, your definitive statement above is simply not true -- the white 100K chips were certainly used this past summer, maybe the 25Ks too (I'd have to verify those). Tourney pics were posted in a thread here on PCF.

I haven't seen those pics then. I am unaware of any chips that were made for the GB whose sibling chips were also in play this past summer. If you see the thread let me know. I'll check it out and correct myself. But even if true, it doesn't change the fact that these chips were absolutely replaced on GPI's dime as a result of the GB chips being made.
 
For me the appeal of high end poker chips is a combination of looks and feel. THC feels better and holds up better than RHC. IHC is also super awesome.

Base and spot color is also crucial. Color preference obviously differs from person to person, but bright and vibrant colors seems to be most sought after. Combine this with a nice looking, shaped inlay and it gets really good.

History and rarity for me is not important in and of itself, but is often still a factor as there is a lack of supply of bright, colorful, mint, shaped inlaid THC chips. Ugly looking chips does nothing for me, no matter their history or rarity.
 
I guess what I meant was, to me 'rarity' is a relative term to say, my clay cost more than your clay
Sometimes rarity isn’t more expensive. My Inplays are truly a one of a kind set and the least expensive chips that I own.
They are my players favorite chips to splash pots with, probably mine as well.
Highly underrated clay IMO.
 
Sometimes rarity isn’t more expensive. My Inplays are truly a one of a kind set and the least expensive chips that I own.
They are my players favorite chips to splash pots with, probably mine as well.
Highly underrated clay IMO.

There are a few sets like this out there. The Riverboat web molds come to mind. Those chips are insanely epic and rarely trade hands. But they're only like $2 per chip or so. One of the only sets I regret selling.



 
There are a few sets like this out there. The Riverboat web molds come to mind. Those chips are insanely epic and rarely trade hands. But they're only like $2 per chip or so. One of the only sets I regret selling.



If you sold those to @ChaosRock, I’ve played with those chips. They are truly amazing for sure. :tup:
 
If you sold those to @ChaosRock, I’ve played with those chips. They are truly amazing for sure. :tup:

Mine went to Matthew in Huntington Beach, but they're the same chips. So epic IMO. ChaosRock also has the cash set though, which I had as well at one point. Those are pretty cool too, but the tourney set is my favorite.

They were so perfectly made that I could grab a barrel from the box and it would be difficult to see where one chip ended and the next began. I've never seen anything like it again. Each barrel felt like one solid cylinder.
 
Mine went to Matthew in Huntington Beach, but they're the same chips. So epic IMO. ChaosRock also has the cash set though, which I had as well at one point. Those are pretty cool too, but the tourney set is my favorite.

They were so perfectly made that I could grab a barrel from the box and it would be difficult to see where one chip ended and the next began. I've never seen anything like it again. Each barrel felt like one solid cylinder.
It was the cash set that we played with. The nicest BCCs I’ve ever seen without a doubt.
 

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