ASM Palmas History

smux3 · Tweet this Post! #1 12-22-2007, 09:26 PM

Looking for information on ASM Palmas chips.
Are they casino chips or fantasy? If casino chips, what's the story?
Thanks.

miandsh2000 · Tweet this Post! #2 12-22-2007, 09:30 PM

talk to noels. he's your man on the palmas.

shanghai_sparky · Tweet this Post! #3 12-22-2007, 10:05 PM

They are real chips from a casino in the Dominican Republic.
For various reasons, the casino never opened.
Noelsarchs has the main supply of chips inplayable sets.
There are two different denominations: US and Dominican dollars.
Some chips are ultra-rare like the US$100 with the split pink edge spots.
They sell for around $100 each.
Others are $25 each while most are somewhere in the $2 to $4 range.
They are really sweet chips with a great feel and sound.

Mike (Noelsarchs) is in transit from London to Wisconsin for the holidays and should be able to give more information tomorrow.

tonypap · Tweet this Post! #4 12-23-2007, 12:09 AM

regardless of their history, they are amazing and beautiful chips...both the US and the RD chips. If eventually there is only one set left in my collection, it will be the Palmas!

tomb1 · Tweet this Post! #5 12-23-2007, 12:13 AM

I was lucky enough to get a full sample set of all the Palmas chips, long before Noelsarchs snapped them up. They're fabulous chips!

noelsarchs · Tweet this Post! #6 01-02-2008, 11:32 AM

Quote:

Originally Posted by smux3

Looking for information on ASM Palmas chips.

Quote:

Originally Posted by smux3

Are they casino chips or fantasy? If casino chips, what's the story?
Thanks.

Here it is, from the guy who bought most of them from Spinetti's.....hopefully someday, Jim Blanchard from ASM will fill in any missing information on this casino and these chips.

Considering the recent interview with Jimb of ASM, I'd be very interested to here about the claim below regarding the use of a higher content of clay and brass flecking as well as the horsehead mold itself. I might just post this as well in that thread to see if Jim will chime in with some useful updates.

Keep in mind that this was written long before ASM started offering chips with the various edge spots to the home market, aka chiptalk.

"The history of these chips and the long journey they have made is interesting. Not too many details are known, but the following facts about the chips have been confirmed to the best of our abilities. If anyone has any further information about these chips, please feel free to share them with me via email.

The Palmas Club Casino was set to open sometime in 1991 in Puerto Plata, Dominican Republic. Due to reasons unknown this never occurred.
The Langworthy Casino Supply company had been given the opportunity to provide chips and other casino related merchandise to the Palmas Club Casino.

Atlantic Standard Molding (ASM) made the Palmas Club Casino chips in November of 1990. At this time, ASM did not even own the Horsehead mold used for these chips. The Horsehead mold was the property of Langworthy Casino Supply.

The original quantity of chips ordered was supposed to be 200,000+ chips. Only 30,000 chips were made. The rest of the order was cancelled when Langworthy found out that things were falling apart with the casino. Langworthy ended up getting stuck with the 30,000 chips that had been produced.

These chips were made at a time when ASM used a higher content of clay and a heavier amount of brass flecking within the casino chips they produced. One great unique thing about them of course is their edge spotting patterns, this is something ASM will not easily produce for anyone these days. The chips are extremely similar to the real Paulson casino product made over the last decade; extremely high content of clay, crisp sharp edges and the unmistakable feel/sound of real clay.

These ASM chips also contain a beautiful brass flecking within them which gives them added weight and a great shimmer on the edge. Original ASM Horsehead made chips are by far my favorite real clay chip. The detail in the Horsehead Mold and the brass flecking set them apart from Paulson.
When I acquired the remaining balance of inventory almost all of these chips were still in the original boxes that ASM used in the early 90's.

The boxes have a faux leather finish and are made of cardboard. Many of these boxes were dated and initialed by the owner of ASM, Jim Blanchard.
The boxes are dated "11-20-1990". The boxes are in fair to good condition.
The chips are all in NEW condition as they never saw the inside of any casino and have never been used in live play anywhere. These chips had been sitting in various warehouses for about 14 years until a lucky distributor in Las Vegas acquired them (all 30,000+). About 12,000 or so were sold off before I acquired the remaining 17,010 chips*. I kept a 20-pack of each denom** in the interest of sharing some of these beautiful chips with friends in the coming years... "

legend · Tweet this Post! #7 01-02-2008, 11:36 AM

what a treat it was playing with them Mike.

jamby · Tweet this Post! #8 01-02-2008, 11:38 AM

Philip Lin?

Quote:

Originally Posted by noelsarchs

Here it is, from the guy who bought most of them from Spinetti's...

links_slayer · Tweet this Post! #9 01-02-2008, 11:47 AM

Thanks for posting, Michael!

noelsarchs · Tweet this Post! #10 01-02-2008, 12:20 PM

Quote:

Originally Posted by jamby

Philip Lin?

Philip Lin likes to take credit for lots of things, like being the original buyer of all the vineyards, when in fact it was Vontar5. Refer to my post on buyers remorse I think, because any dealings I had with Philip Lin have cost me enough to buy a new car. And not just a Honda Civic, but rather a very nice BMW!