Chip pricing (1 Viewer)

[Irishfan63]

I know this has been answered many times but I can't find the info I'm looking for. Looking for price guide for obsolete chips. I have found lots of info on chip guide, but not pricing. I saw in the past a site that showed info including highest price, average price and lowest price. Am I crazy or does it still exist?

 

[DrStrange]

Pricing on individual chips is commonly much higher than on a hundred chip rack of the same chip.

Don't believe a word in a glossy chip guide. Not-A-Word. The pictures are pretty though.

The market for individual chips can be exploitive. Sadly, there are lots of suckers that can be fleeced.

"market" pricing is hard in general. Lots of sales are private or "best offer" sales where we don't know the true price. Lots of single chips sit unsold for months on eBay before the aforementioned sucker buys it.

The best market price comes from a sale where there is a true auction with several bidders. But such chips are commonly the very most desirable and expensive.

Bottom line, most vintage casino chips are worth less than $5 - often more like $1. Vintage chips not from a casino are rarely worth a dollar, mostly worth a quarter.

But if something calls your name, so what if you get fleeced for $10? -=- DrStrange

 

[Irishfan63]

Pricing on individual chips is commonly much higher than on a hundred chip rack of the same chip.

Don't believe a word in a glossy chip guide. Not-A-Word. The pictures are pretty though.

The market for individual chips can be exploitive. Sadly, there are lots of suckers that can be fleeced.

"market" pricing is hard in general. Lots of sales are private or "best offer" sales where we don't know the true price. Lots of single chips sit unsold for months on eBay before the aforementioned sucker buys it.

The best market price comes from a sale where there is a true auction with several bidders. But such chips are commonly the very most desirable and expensive.

Bottom line, most vintage casino chips are worth less than $5 - often more like $1. Vintage chips not from a casino are rarely worth a dollar, mostly worth a quarter.

But if something calls your name, so what if you get fleeced for $10? -=- DrStrange

Great feedback sir! I guess that just like in everything else, a chip is worth what someone is willing to pay for it. Glad I found this forum. Great info from great people..

 

[Klobberer]

eBay search your chip and set the filter to sold items. It'll give you a pretty good ballpark.

 

[KISS970]

I agree with Klobberer! That definitely gives you a good idea of what any particular chip is selling for. And if you dont see it , it may be a good one!