Pacific Star / Bud Jones Valuation (1 Viewer)

Lemonzest

4 of a Kind
Joined
Aug 31, 2017
Messages
7,292
Reaction score
8,523
Location
...
I always had pegged BJ chips at worth around 1-2 each in my mind. Then I saw the recent classified listing with 1,100 Pac Star chips listed for $7,200 which is $6.5/ea. Is this really what these go for/trade for in value?
 
Hard to say as I can’t remember many being sold openly. They’re definitely the rarest(and prettiest IMO) of all the star chips so a high price isn’t unwarranted
 
Supply and demand
- very short supply of these chips which should drive the prices up
- limited demand; not many people out there willing to pay that much for Bud Jones (but plenty who will for mint Paulsons etc)

Having said all that, we represent such a small market that it only takes one person to want these at that price to make the sale. It doesn't mean there will be a second or a third...
 
I always had pegged BJ chips at worth around 1-2 each in my mind. Then I saw the recent classified listing with 1,100 Pac Star chips listed for $7,200 which is $6.5/ea. Is this really what these go for/trade for in value?
I thought Paulsons were only 1-2 as well, but they seem to be going higher than that these days too.
 
To me the Pacific Stars are a niche market inside of a niche market. They are super rare and quite pretty but they are not for everyone.

This kind of nails it.

Rarity: There are only 5-7 playable PS sets in existence. And the total float of all PS chips is, relatively speaking, very low. This will result in a higher resale cost.

Cost: While some folks don't "like" Bud Jones, they actually cost substantially more than Paulson "clay" chips to manufacture. Pushing $2/ea. on the ordering end. This will result in a higher resale cost.

Then add in the minty-ness of the chips, the semi-custom design, and that "Bud Jones factor" for people who dig BJs, and you kind of have a perfect storm for top-end pricing.
 
My thoughts as well. All the Star, BTP, SB chips are going for prices much higher than expected/actual value.

In my opinion those buyers are paying for the mint/uncirculated condition of those chips, and that is reflected in the prices we're seeing. There really aren't many options out there for mint/unplayed/uncirculated Paulsons, except for the ones you mentioned.

If you want a Paulson chip that's never before seen human hands, those are really your only options. And with a lot of the Star chips having seen there way around the felt in the past year or two, only BTP and SB give a buyer a truly "factory new Paulson" experience. And that's going to cost you.
 
In my opinion those buyers are paying for the mint/uncirculated condition of those chips, and that is reflected in the prices we're seeing. There really aren't many options out there for mint/unplayed/uncirculated Paulsons, except for the ones you mentioned.

If you want a Paulson chip that's never before seen human hands, those are really your only options. And with a lot of the Star chips having seen there way around the felt in the past year or two, only BTP and SB give a buyer a truly "factory new Paulson" experience. And that's going to cost you.

Yeah this is true, I’ve owned some of those sets and that was certainly a motivating factor in buying them. Also, they are designed by chippers so that contributes to pretty nice designs and colours.

Those sets lack the allure of being “casino” chips, but make up for it by being brand new and on the best mold. Supply/demand then drives the price point.
 
Try pushing $3 each -- $2.98, actually.

mind blown.gif
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account and join our community. It's easy!

Log in

Already have an account? Log in here.

Back
Top Bottom