Found these chips digging through some other old poker stuff. Cant remember acquiring them but I'm sure it would have been in the late 2000's. Chips appear to have some sort of stamp on the inlay. Anyone know the story on these?
^^^This. The casino was open for a short time, along with a sister casino in NOLA. Company went bankrupt, but had never paid for the chips, layouts, basically everything. Paulson repossessed it all, stamped the chips with cancellation stamp, and re-sold them at their retail store in Vegas. I’m pretty sure this paragraph is referring to the River City casinos in NOLA.https://en.wikipedia.org/wiki/River_City_Casino_(New_Orleans)
Operated for only 9 weeks in 1995 before halting all business and eventually filing for bankruptcy.
The gold foil stamp on it is a cancellation stamp. Maybe these were made by Paulson but never paid for/delivered, so then they were cancelled and maybe sold to the public (or made their way into the secondary market somehow). Perhaps similar to how the cancelled Argosy's came to the general market.
Yes. I have bought some where the stamp was already removed. I have removed some myself, that I bought, but still had the stamp. I’m pretty sure Paulson sold them with the stamps, and individuals removed them later.So someone literally removed the gold stamp from these?? All that is there is an indentation.