New collector from Saratoga Springs (1 Viewer)

[jonruns]

Hi! I got interested in collecting casino chips after I recently bought some old chips and postcards from the former six illegal lake house casinos near my house (the collection is still a work in progress.) That sparked an interest in the history and I followed Meyer Lansky's journey from Saratoga Springs to Havana and then Vegas.

For the past ten or so years I've collected old gold coins but the market has priced me out so I've moved on to casino chips.

Right now I'm into the chips from the early days of Vegas especially from the first major casinos like The Flamingo, Dunes and Sands.

I look forward to learning a lot from the long time collectors in this group.

 

[krafticus]

.. but the market has priced me out so I've moved on to casino chips...

I hate to give you bad news, but this market is heading in that same direction too...

 

[jonruns]

I hate to give you bad news, but this market is heading in that same direction too...

Thanks for the welcome.

A market that is going up in price is the sign of a healthy market. I consider that good news. Not a dead market like stamps.

$1000 still buys a pretty nice and rare collectible chip, a $10,000 budget in rare gold coins doesn't go that far any more. A coin that I bought for $22K two years ago sold last night for $40K.

As a collector the fun has always been in the hunt. To me, vintage chips seem affordable and I'm enjoying the chase.

 

[allforcharity]

Hello and welcome!

 

[Fran]

Welcome to PCF !

 

[lane_robert_s]

Welcome

 

[Tonysquander]

Welcome to PCF!

 

[BigJackJones]

Welcome to PCF. Looks like you landed in the right drop zone.

 

[DZPoker]

Hello and welcome. Once you get situated, post some pictures!