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Originally Posted by spector Well I've had my Pharaoh's since I received them from the group buy. I think they are great, I havent even got to use the .50 1 or 1000$ denoms yet but have been using the rest regularly.
When telling people how much I paid for these things though everyone thinks Im crazy. Honestly I had no idea poker chips were this expensive until I came upon this forum during the group buy. What exactly makes chips so expensive?
I dont know the exact process of making a chip but it just seems like maybe the prices are inflated a bit from the poker craze going on but that doesnt seem likely. |
Actually the prices have fallen over the last 18 months for "home" sets.
I recall discovering my first quality set of chips at NJ's. The Martini's!
A set of 500 cost $599.99. Same with his NJ clays. "Fan of Cards", "Bonds", &
"Viva, Las Vegas" were all close to $1 a chip. Chipco's were close to $1 with only a
couple vendors. The increased demand has brought more vendors into the market
creating more options and competition for the limited high end $$$'s. and thus
created lower prices (and margins) by these vendors.
From history in other parts of gaming entertainment, my opinion is that many of
these "hit and run" vendors will leave soon. They were here when the margins
were good but when the market changes they liquidate and go to the next thing.
You will see some good deals on some of these lines I suppose, mostly on Ebay
auctions as this provides th most immeadiate remedy.
I think the prices are close to as low as they will get for the products in the market.
This is not to say some new products might come along with cheaper labor, or
different process's that will fit this high end market and cause these prices to
lower some, but to have that happen, manufacturers will have to give some
concessions to the vendors, or risk losing their share of the market.
Just my .02c
Michael
