NY $1000 Primary, auction $28 buy it now

noelsarchs · #1 (**permalink**) 03-05-2006, 12:16 AM

I know this guy as we have bought and or sold to each other....this is a great price for those of you looking for the primary New Yorkers....

http://cgi.ebay.com/ws/eBayISAPI.dll...tem=6259790083

Manity · #2 (**permalink**) 03-05-2006, 12:47 AM

Wow that lasted what 5 min?

Quote:

Originally Posted by noelsarchs

I know this guy as we have bought and or sold to each other....this is a great price for those of you looking for the primary New Yorkers....

http://cgi.ebay.com/ws/eBayISAPI.dll...tem=6259790083

JM · #3 (**permalink**) 03-05-2006, 12:48 AM

LOL, yup pretty much!

Manity · #4 (**permalink**) 03-05-2006, 01:11 AM

RC could have made a MINT if he just sold 500 of each and then the need is there and auction on ebay the other 2000. That would be 56,000$ at 28$ each....CRAZY

Quote:

Originally Posted by JM

LOL, yup pretty much!

Dissolved · #5 (**permalink**) 03-05-2006, 01:12 AM

i woulda got them, but i allready made a deal with a ebay seller.. plus even at 28 a pop im not to sure they will sell for more then that later on.. these will die sooner or later

goblaise · #6 (**permalink**) 03-05-2006, 11:56 AM

Quote:

Originally Posted by Manity

RC could have made a MINT if he just sold 500 of each and then the need is there and auction on ebay the other 2000. That would be 56,000$ at 28$ each....CRAZY

He's still gonna make a mint, with 167k+ in NY'r chips. that's not too bad for some emails, boxing some chips, and mailing them out! But i get what you're saying. jeeezzz. this is like Qualcom stock back in 1999.

Manity · #7 (**permalink**) 03-05-2006, 12:01 PM

Think we are all in the wrong business LOL

Quote:

Originally Posted by goblaise

He's still gonna make a mint, with 167k+ in NY'r chips. that's not too bad for some emails, boxing some chips, and mailing them out! But i get what you're saying. jeeezzz. this is like Qualcom stock back in 1999.

noelsarchs · #8 (**permalink**) 03-05-2006, 01:25 PM

Quote:

Originally Posted by goblaise

He's still gonna make a mint, with 167k+ in NY'r chips. that's not too bad for some emails, boxing some chips, and mailing them out! But i get what you're saying. jeeezzz. this is like Qualcom stock back in 1999.

It's a risky business buying a lot of chips from one casino for resale (I know because of the Palmas I bought). You never know if you have a winner or not and have to carry the initial costs for potentially a very long time. I would bet that it was the sudden interest from this group alone that helped drive up a substantial run of sales for this dealer. What is interesting is that the Dunes $500 and $1000 chips are selling for less than the NY $1000 now and that is way out of proportion to the real value of these chips.

goblaise · #9 (**permalink**) 03-05-2006, 03:49 PM

Quote:

Originally Posted by noelsarchs

It's a risky business buying a lot of chips from one casino for resale (I know because of the Palmas I bought). You never know if you have a winner or not and have to carry the initial costs for potentially a very long time. I would bet that it was the sudden interest from this group alone that helped drive up a substantial run of sales for this dealer. What is interesting is that the Dunes $500 and $1000 chips are selling for less than the NY $1000 now and that is way out of proportion to the real value of these chips.

Hey, if someone offered me to buy a cage worth of Paulson dead mint uncirculated chips, I would POUNCE! YOU Can't Go WRONG WITH PAULSONS!

On the issue of the Dunes chips, one's motivation is somewhat different. Collectors buy Dunes because of its history, design and is therefore an absolutely fabulous "old school" chip. In other words, cool old school casino chips do not carry the same premium as cool modern casino chips with security features that you can tell your buddies about. So I think the price of NY'rs are pretty accurately priced right now.

After all, Dunes chip sets are still more expensive. I think a 300 Dunes chip set would fetch about $1000, while a 300 piece set for a NYr would only fetch $500-600 or so (as of today). One may even argue that Ny'rs are undervalued.

And don't forget the going rate for a $10 Vineyard. Those are going for $40+. Yeah, that would mean that weirdo denoms in low productions like the $20, and $ 2.50 should spike any day!

PFunk · #10 (**permalink**) 03-05-2006, 05:56 PM

These are really nice chips, I just dont think they're worth $30-$40 a piece, and I would think their value will eventually plummet, but who knows, maybe they'll maintain or even skyrocket....Demand would say they would, but who knows.

But if any of those chips are worth that price, its these....I dont even like the look of the secondary's personally and they're selling just as high which to me is just plain crazy.

But wear what you dig I guess-

P.