People collect casino chips wtf?

[luckyjimm]

Just found some sites to do with collecting casino chips. When I was younger I collected all kinds of stuff - stamps, coins, football stickers, Garbage Pail Kids - so I do really understand the satisfaction of tracking stuff down, building a collection, cataloguing it. But this could be an expensive hobby! Still, I can see how being a trader could be profitable:

1 Buy chip for $5
2 Sell chip to collector for $7.50
3 ???
4 Profit

http://www.marlowcasinochips.com/las...o/Bellagio.htm

http://www.callzia.com/dghome/acchips/ac.htm

[Paul Levy]

[ QUOTE ]
But this could be an expensive hobby! Still, I can see how being a trader could be profitable:

1 Buy chip for $5


[/ QUOTE ]

Try collecting $1 chips (like I do) instead of $5 and you're instantly saving 80%. Amazing, isn't it?

[luckyjimm]

I guess it's the same as collecting stamps which could still be used for purpose. BUT a stamp is more likely to be worth more to a collector than its face value than a casino chip would be.

[luckyjimm]

By the way mods, do move this thread if it should be in B+M.

[JOEL_]

luckjimm,

What does railtard mean?

[luckyjimm]

A retarded railbird

[Rupert]

yeah I normally take a small denomination chip or two from most places I visit

[AquaSwing]

It's huge business. The true collectors look after chips from casinos that are no longer in business. Also, lots of casinos issue limited edition chips like the Palms and the Flamingo.

I also understand that most chip collectors are not gamblers at heart. It's another collectable just like coins or stamps.

[s33w33d]

Look how much the chips from the WSOP are going for. A T25 and T100 just went for about $100 each, a T5,000 chip looks like it'll fetch $200.

No cash value indeed.