What’s it worth if it it were mint then?
I'd bet $100 that any email inquiring about this chip, you're getting "RARE" in all caps somewhere in the reply.
No more than $15,500, I’m sure.What is this normally worth??
I figured it was somewhere in that neighborhood.The Sands cowgirl or hourglass issue is highly sought after. A nice condition on sold for $30k about 7 years ago. I would guess a cracked one maybe worth 5% of that? 10% max.
Singles valuation is tough.
I look at it this way. How many singles collectors would spend $5,000, $10,000, $25,000, etc. on a chip?
my guesses:
$5,000 > 10
$10,000 > 5
$25,000 > 3
you need to know which of these folks have the chip, and which would want the chip, then you can assign a value.
I would guess that undamaged the chip is worth $10,000. Damaged $500 to $1,500. The singles market is thinly traded, especially at the top end.
if you were to find 100 of these mint, you couldn’t sell all of them for $1,000 each. You might sell 20. To sell the entire box, my guess is $100 to $300 each, with $300 each being a stretch. There just aren’t 100 singles collectors all paying $300 each for anything these days.
3k for a broken chip seems like a giftI figured it was somewhere in that neighborhood.
He already turned down someone’s offer around 2-3k
...or c) in a money laundering scheme.To be a genuinely true diehard high-end singles collector, you need to a) really love chips, and b) really hate money.
I disagree with this one. Super high end art, cars, real estate, and coins, just to name a few, have massively appreciated over the last 100 years. Not everything does, but in general. I don't know when the high end chip market started, probably the 70s or 80s, but I imagine there has been some appreciation there as well. Lots of depreciation too though, especially when hoards are found, which is fairly unique to chipping because hundreds or thousands of almost every chip get made. (I feel bad for the guy who paid $3000 for his Jessie Beck snapper.)b) really hate money.
I feel bad for the guy who paid $3000 for his Jessie Beck snapper.