1. There are several types of chips which are available in the market today for players. However, those who are interested in purchasing casino grade chips will have to be a little careful about the chips values. Home play chips are available in different price ranges depending on the material chips are made and the designs of the chips.
2. Claysmith Gaming 500ct 13.5g 'the Mint' Poker Chip Set in Black Aluminum $95.99 New Fat Cat 55-0605 Texas Hold'Em Dice Poker Chip Set - 500 Count (25).

1. Casino Chips Price Guide
2. Poker Chips Price In Pakistan
3. Vintage Casino Chips Price Guide
4. Poker Chips Price Philippines

EcommerceBytes-Update, Number 314 - July 08, 2012 - ISSN 1528-6703 5 of 6

Players in a $1/$2 No Limit Hold’em game who buy in for $300 will receive that amount in chip value. Colours vary by casino but tend to follow similar patterns at least for lower values. There is no certain casino standard. Although white and red tend to be $1 and $5 amounts. Denominations can also go higher for players in some real high.

By Michele Alice

Casino Chips Price Guide

$28,988.88 for a one dollar casino chip? $100,000 for a one hundred dollar chip?!

You bet, especially if it's a rarity from one of the now defunct Las Vegas casinos like the Showboat (1954-2001) or from the legendary Sahara (1952-2011), the last of the casino-hotels frequented by Frank Sinatra and his Rat Pack. (See PokerPlayerNewspaper.)

Prior to the 1880's - a time when most gambling took place in saloons, riverboats, and gambling houses - bets were placed using gold and silver coins, gold nuggets, gold dust, or anything else of acceptable value. Poker chips were developed as a means of standardizing the values of bets. The earliest chips were often made of bone or scrimshawed ivory (and are now highly collectible!), but by the late 19th century a number of companies were producing what would become the casino-grade compression molded clay chip.

Early on, gambling establishments learned that they had to 'brand' their chips in some manner else they'd be flooded with worthless chips snuck in from off-premises. Clay chips, with their printed inlays, inserts (edge spots), and rim mold designs fulfilled all the necessary requirements, including ease of stacking and uniformity of weight, size, and color.

Since then, plastic and ceramic chips have been added to the mix. Ceramic chips, introduced in the 1980's, are actually made of a resin material. Although some collectors like the fact that the graphics on ceramic chips generally cover the entire surface and not just the inlay, clay chips remain the favorite.

A casino chip, except as a souvenir or collectible, has no monetary value outside the issuing establishment. Gambling laws vary from state to state, but jurisdictions such as Nevada require that casinos destroy old chips, so chips in the secondary markets today owe their survival to casino patrons who either forgot they had them in their purses or pockets, or decided to keep them as mementos of their stays. It's not uncommon to find a chip or two at a yard or estate sale where they're thrown onto a table along with other miscellany. And sometimes those two or three dollar purchases can translate into big payouts at auctions.

Casino chips belong to a category of numismatics known as 'exonumia' (money substitutes), and collections of chips are as varied as those of coins. There are collectors who seek out chips of specific denominations, like the $2.50 (or equivalent) 'snappers' used at blackjack tables. Others look for specimens from a particular manufacturer or locale, like Atlantic City. Still others collect specific colors or rim designs, such as the 'Greek key.'

But the most popular and valuable chips are those from Las Vegas, especially those from the old casinos built in the 1940's and 1950's and since demolished to make room for the new mega resorts. Mobster Benjamin 'Bugsy' Siegel's Flamingo Hotel & Casino, opened in 1946, is a particular favorite, and some 'Bugsy chips' as they're called, can fetch several thousands at auction.

Would you like to learn more about the colorful world of casino chip collecting? Check out the resources listed below, and

Good Luck!

Books

Websites

The Basics of Casino Chip Collecting - A 'cheat-sheet' for the newbie.

The Casino Chip and Gaming Token Collectors Club, Inc. (CCGTCC) - THE place to go for info including Chip Condition, Glossary, Buyer's Guides to Casino Collectibles, Cleaning Chips, more!

Casino Chip Museum - Over 10,000 Las Vegas chips on display.

ChipGuide - Includes global casino search, FAQ's, links, more.

History of Gambling in the United States - 1600's to the present

Robert Eisenstadt's Antique Gambling Chips & Gambling Memorabilia Website - Check out the pages on The Five Stages of Making an Inlaid Chip, How to Distinguish Ivory, Bone, and Celluloid Chips, Tips on Chip Collecting, more.

Snappers Without Borders - International database includes pics and info on casinos.

About the author:

Michele Alice is EcommerceBytes Update Contributing Editor. Michele is a freelance writer in the Berkshire mountains of Massachusetts. She collects books, science fiction memorabilia and more! Email her at makalice @ adelphia.net eBay ID: Malice9

Casino chip collectors are always looking for old Las Vegas casino chip. The casino chips from Vegas date back to the earliest that can be found anywhere in the country. Nevada state had legalized gambling in the year 1931 and since then Las Vegas became the casino capital of the world as dozens of world class casinos opened up in the city which even today millions of tourists from all over the world. Once chips had been introduced in table games, every casino in the city began issuing their own chips with unique designs and their logos imprinted on them.

Poker Chips Price In Pakistan

Vintage Casino Chips Price Guide

Although the chips are only worth the denomination that is printed on them when they have been issued, today several Las Vegas casino chips are sold by collectors for thousands of dollars. Any collector who is interested in collecting old Las Vegas chips should first understand how to determine the age of the chip since the older the chip is, the more valuable it will be.

Guide

The guide given below and the tips will help collectors determine the age of old chips in a couple of moments:

Poker Chips Price Philippines

• The first thing to do when an old Las Vegas casino chip is found is to check the inlay of the chip. The inlay on a chip is a picture or design which is set and fixed at the center of the chip. The inlays of chips will have logos or pictures or signs which are associated with the casino where it had been used. With the name of the casino determined it is not very difficult to determine the age of the chip.
• There are several websites which have a list of rare chips along with their names and prices on the internet. If you have the name of the casino where the chip had been used, you can check it in that list. There had been several casinos in Las Vegas which had only been operating for a few months in the city. For example from the Bonanza casino there are only two or three chips remaining worth $25 today so these will be very valuable.
• Check the chip for the mold. Compare the mold's design to the images of other Las Vegas chips. On the raised edge of chips the pattern or the design which can be found is known as the mold. Several manufacturers had their own distinctive designs. For example the US Playing Card Company which is quite famous had manufactured chips from the year 1907 till 1939 and the Burt Company had manufactured them from 1940 till around 1985. With the name of the manufacturer, it is possible to find out the age of the chip.
• Check the edge spots. These generally look like small spots of paint which are distributed along the edges of the chips. These had been used to authenticate the denomination of the chips. With the help of these it is possible to compare them with the present day chips to determine their age.
• Check the texture of the chip and determine the material from which they were made. The earliest chips were made from ivory and mother of pearl and after that they had been made from clay composition. If the chip is sealed with polyurethane it was made after 1940.