Do You Have Paulson Chips To Sell? (1 Viewer)

As soon as I heard about GPI closing their doors to the home market, I was immediately worried about what would happen with Apache. In the last two years GPI has killed many of our options and I think it's time we organize a group buy to buy out GPI.
 
JBAZ said:
As soon as I heard about GPI closing their doors to the home market, I was immediately worried about what would happen with Apache. In the last two years GPI has killed many of our options and I think it's time we organize a group buy to buy out GPI.
Click to expand...

I'm in
 
I am not as familiar as some with Apache, and what all they do, beyond knowing that they have a very good rep among chip-nuts. My first impression of this post was that it was an effort to secure product to fill out future orders, which makes sense. But, would it not ALSO make sense for Apache to attempt to secure as large a supply of a dwindling resource (Paulson home chips) as possible to maximize profit on that resource?

This is by no means a criticism, it's just I find the notion of folks like us, knowing that (home market) Paulsons will be in ever shorter supply, being willing to sell them at this point.

Not saying there will be a "run" on Home Market Paulson's, but I'm not saying there won't be either.

Again, this is by no means meant to be a shot at Apache, I am truly just puzzled by the thinking.
 
My impression is Josh is wanting chips as a collector , not for retail sales.
 
Meddler2 said:
No, we need a GB to buy PGI's compression clay equipment and scroll mold for sale:
Click to expand...

Did you miss my other post on this?
You would be missing about $300,000 worth of equipment to actually make the chips, and you get a worn out Hispania scroll mold.
i have a nice clean Huxley one :)

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Meddler2 said:
No, we need a GB to buy PGI's compression clay equipment and scroll mold for sale:
Click to expand...

Ah, and you also need 20 years of practice :)
 
I would think these paulsons are going UP in price in coming time, so buying ASAP would be a good investment.

I sent you email, Josh.
 
JBAZ said:
As soon as I heard about GPI closing their doors to the home market, I was immediately worried about what would happen with Apache. In the last two years GPI has killed many of our options and I think it's time we organize a group buy to buy out GPI.
Click to expand...

Apache also runs another site that sells casino chips. I imagine that Josh @ Apache and perhaps Michael @ holdem will both proceed with CPC as the supplier. Create a killer design, buy tons of chips and sell them through your website. For Example: Before the Key West design was bought, the chips were available from Apache.
 
KingZilla said:
Apache also runs another site that sells casino chips. I imagine that Josh @ Apache and perhaps Michael @ holdem will both proceed with CPC as the supplier. Create a killer design, buy tons of chips and sell them through your website. For Example: Before the Key West design was bought, the chips were available from Apache.
Click to expand...

Sounds like all the molds that are worn or damaged can be repaired/or new ones made if those types of orders starting rolling in for CPC. :)
 
Tommy said:
Sounds like all the molds that are worn or damaged can be repaired/or new ones made if those types of orders starting rolling in for CPC. :)
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Yeah and if Josh (or Michael) do go that route, I HOPE they offer something on the MD-50 diamond/square mold. (Hint, hint).
 
KingZilla said:
Apache also runs another site that sells casino chips. I imagine that Josh @ Apache and perhaps Michael @ holdem will both proceed with CPC as the supplier. Create a killer design, buy tons of chips and sell them through your website. For Example: Before the Key West design was bought, the chips were available from Apache.
Click to expand...

Since we are prophesying, put me down for an emphasis on custom China clays--Tower and Spear mold efforts.
 
The main reason Paulson stopped selling to the public is because they thought we were cheapening their brand. We had a great deal with Paulson. We had to buy large quantities of chips and they locked us into low rates. With low rates came low prices to the consumers. Casino executives were seeing Paulson chips selling for $1 each on Amazon and of course told Paulson that is all they want to pay for chips. Casinos pay a lot more than $1 each for their chips. It sucks they cut us off but I would not be surprised if they let us back in again.
 
Or even a new brand. Same formula, different molds - the same way CPC has home molds and casino molds, but under a different company name.
 
Thanks for the insight Josh. I was previously under the impression that casinos paid around 60c a chip.
 
tigon said:
Thanks for the insight Josh. I was previously under the impression that casinos paid around 60c a chip.
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Maybe some still are, like solids. I wouldn't be surprised to learn that chips with more security features like RFID and microdots cost more than a buck each.
 
Apache said:
The main reason Paulson stopped selling to the public is because they thought we were cheapening their brand. We had a great deal with Paulson. We had to buy large quantities of chips and they locked us into low rates. With low rates came low prices to the consumers. Casino executives were seeing Paulson chips selling for $1 each on Amazon and of course told Paulson that is all they want to pay for chips. Casinos pay a lot more than $1 each for their chips. It sucks they cut us off but I would not be surprised if they let us back in again.
Click to expand...

I think I learned my lesson. If they indeed let us in again, next time I won't procrastinate on designing a custom set of Paulson solid and spotted chips! FWIW, I also would be willing to pay more in the future for Paulson chips (assuming the color/edge spot selection is of the same quality/level as it was prior (Avalon/GCRs/etc.)
 
What would the factors be for Paulson returning to the home market? I assume further decline in the casino industry is needed, but what else could trigger it besides a competing manufacturer taking a chunk of the casino market (e.g. through developing a game-changing product with most of the following: similar/better security features, feel, color/edge choices; or making the existing products cheaper to produce without sacrificing quality)?
 
tigon said:
What would the factors be for Paulson returning to the home market? I assume further decline in the casino industry is needed, but what else could trigger it besides a competing manufacturer taking a chunk of the casino market (e.g. through developing a game-changing product with most of the following: similar/better security features, feel, color/edge choices; or making the existing products cheaper to produce without sacrificing quality)?
Click to expand...

There are certainly companies out there capable of making that push. Game On Chip Company is one of them. I don't see how GPI could possibly think that selling chips to the home market could be of any security risk; the Paulson consumer molds are vastly different from those used in casinos. They have three existing molds for the consumer market that I can think of off hand: pips mold, paradise mold, and the Paulson mold. None of these would ever go into a casino and after learning the about the costs of creating cups for molding chips, I don't see why they would just throw that money away as well as letting BCC's old equipment and their old molds sit and collect dust somewhere. There are too many good molds out there not being utilized (cigar & snifter, TFP, Paradise, etc). I really think it's time for us to make a push in. We know we've got people like Josh at Apache on our side, so let's find out what we need to do to keep some kind of GPI/BCC home market intact. The worst response we could get would just be a flat "no" which leaves us exactly where we are right now. We all want this, so let's find a way to make it happen.
 

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