Why are higher denoms priced so much higher? (1 Viewer)

[NinesWired]

I don't really know how and for how much defunct casino chips are initially acquired, but why don't they all sell at he same price? Surely the manufacturers' cost is uniform throughout regardless of face value. Is there such a higher demand for higher denoms driving the price up? Thanks, 99.

 

[hdgeno]

Supply and demand man, less of them available. Also, many are 43mm which also drives up price a little. It’s not just high denoms either, rare equals higher price.

 

[bluegill]

There are usually fewer higher denom chips. Sort of a supply and demand thing.

 

[inca911]

For example, look at how few $100s were in this casino: only 12 racks!

 

[Quicksilver-75]

For example, look at how few $100s were in this casino: only 12 racks!

View attachment 272652

F...
Me...

 

[Josh Kifer]

Some casinos, we're talking about just a few racks of the high denom chips. Supply and demand.

 

[Frogzilla]

For example, look at how few $100s were in this casino: only 12 racks!

View attachment 272652

That seems really low for a casino. Did LCO not have a high roller/VIP table games?

 

[inca911]

That seems really low for a casino. Did LCO not have a high roller/VIP table games?

Nope, it didn’t have a large metropolitan player pool like Cincinnati, Cleveland, or Detroit.

 

[NinesWired]

It didn't occur to me the disparity casinos had between THEIR denoms. Thanks guys! 99

 

[Quicksilver-75]

You know, @inca911 if by chance a sample of those happened to fall out of those few racks you have there....

 

[NinesWired]

For example, look at how few $100s were in this casino: only 12 racks!

View attachment 272652

Which casino? Did you purchase the entire bankroll?

 

[davin]

This chips prob same price to make as other chips but cost you $100,000 to get one

 

[codeman00]

Here’s a good example from the Grand Victoria Casino In regards to numbers of low to high denoms.

 

[FDLmold]

A lot of the colors used for high denomination chips are also hard to come by for custom label sets. That fetches a premium also. If there was ever a red $5k chip from a closed casino, I doubt those would be worth much.

 

[NinesWired]

Here’s a good example from the Grand Victoria Casino In regards to numbers of low to high denoms.
View attachment 272779

Is there a website that lists these sales? How do I hear about them?

 

[inca911]

Which casino? Did you purchase the entire bankroll?

Yep, more background here:
https://www.pokerchipforum.com/threads/lac-courte-oreilles-leaded-thc-sets-lco.36388/

 

[pltrgyst]

Here’s a good example from the Grand Victoria Casino In regards to numbers of low to high denoms.

Or Paulson Vineyards (from Inca911):

$0.50 = 3,600 (and only 500-800 of those are the small font version)
$1 = 43,133
$2 = 14,736
$3 = 11,783
$5 = 33,388
$10 = 2,025
$20 = 13,338
$25 = 4,485
$100 (4 spot version) = 9,566
$100 (8V) = 4,960
$500 = around 200 or so

 

[Taghkanic]

For example, look at how few $100s were in this casino: only 12 racks!

Nice cash-out. How much did you buy in for?

 

[timinater]

 

[Pesky]

Here’s a good example from the Grand Victoria Casino In regards to numbers of low to high denoms.
View attachment 272779

Newbie question, whats the difference between primary and secondary in the listing?

 

[allforcharity]

Primary are 'live, in use'. Secondary comes out when the primary is compromised somehow (theft, counterfeit).

 

[Pesky]

Primary are 'live, in use'. Secondary comes out when the primary is compromised somehow (theft, counterfeit).

Are they different design or just reserves?

 

[Mr Winberg]

Are they different design or just reserves?

Different design