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500 Chip Mahogany Case
Purchased from: Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more
Price Paid: $13.60 plus shipping costs

This case was hard to beat for around $25 shipped. It not only holds over 500 chips, but also looks great too! I would ABSOLUTELY recommend this case to anyone that's looking for a great way to store their chips.

Pros:

• Capacity: This case claims to be a 500 chip case, but I could fit 550 ASMs in it. Each row can easily hold 55 chips.
  
• Portability: This case is small enough that it can be easily transported from game to game. I would, however, NOT recommend carrying it by its handles. I would carry it with two hands underneath the case.
  
• Durability: This case appears to be very well made. The hinges are not cheap and are secured to the case with 4 screws.
  
• Security: This case comes with a lock, however I never intend on locking my case. I am not sure if this lock could easily be picked, but when locked it is definitely not going to open without any elbow grease!
• Removable Tray: This case comes with a removable tray that holds 330 chips (6 rows of 55 chips). This is a very nice feature. Below this tray are 4 more rows for chips and a space for some decks of cards, dealer buttons, timers, etc.
  

Cons:

• There are no felt pads on the bottom of this case which could pose a problem if you intend to store it on a delicate surface.
• While this case is advertised as "mahogany" it is clear that this is made of a more cheaply and readily available wood.
• Size: this case is a tad bulky and is not as slim or streamlined as some of the other cases I own.