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Most expensive/rarest poker chip(s) ever?

Discussion in 'Chip Collector General' started by cottlerocket, Feb 11, 2010.

  1. cottlerocket

    cottlerocket Well-Known Member

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    Sorry if this is in the wrong place but this just popped into my head. I'm not a collector (yet), but I love thinking about the biggest this, the most expensive that, etc, etc. Does anyone have any information on the most expensive/rarest poker chip or chips ever sold? I'm fascinated by this stuff and was just curious about the poker chip side of sales and collecting.
     
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  2. tonypap

    tonypap CCGTCC Member
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    Are you talking chips that are available in playable sets, ie vineyard $500 or like old single chips, like a 1st issue?

    This subject is a little broad in my opinion. Maybe someone else can chime in here.
     
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  3. toad94

    toad94 Well-Known Member
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    For collectible singles, check Jim Campiglia's book--IIRC the most expensive chips involve the Sands original rack (like around $100,000 per chip). I think there's a note that if higher denoms were found from The Flamingo during Ben Siegel's era, they would probably compete for the most expensive chip.
    Every now and then Motor Trend features a car that's been sitting in a garage, barn, or even a scrap yard that's worth millions once restored. But they just sat there for decades because people didn't know what they had. We see the same thing with chips from time to time (like the Showboat chip last year) and it's cool to think there's more super-rare chips out there just waiting to come out of the old shoe box.
     
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  4. bergs

    bergs The Don Rickles of Chiptalk
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    I have a Dunes Commemorative $5 chip with a $1 inlay sticker. I think it's worth something on the order of $10-$12K.
     
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  5. cottlerocket

    cottlerocket Well-Known Member

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    I would say probably not ones that are in playable sets. I'm talking more like old chips or chips that should always be kept in protective cases, something like that.
     
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  6. numerobis

    numerobis Well-Known Member

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    can we see some pics pls pls

    just in case we find something in an old box :)
     
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  7. tonypap

    tonypap CCGTCC Member
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    Not sure if I'll get burnt at the stake for saying this, but in my opinion chiptalk focuses more on playable sets. For single, or individual chips, check out thechipboard.com Those guys are individual chip junkies!
     
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  8. Couga

    Couga Creativity Alliance

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    Yeah Tony - you're fired.

    I have never heard of a chip going for anywhere near $100K. Not saying it hasn't happened but I can't remember anything on that scale. There was a very good condition Showboat "wheel" chip that sold for $29K on ebay a few years ago. I also think I remembering something about a private deal where a chip sold for $49K. I can't remember the details of the transaction though or what sort of chip it was.
     
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  9. StevenH72

    StevenH72 Creativity Alliance

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    Wasn't there a Showboat Casino $1 chip that sold for $37,000 last year.Not the most ever, but made for an exciting watch.
     
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  10. tonypap

    tonypap CCGTCC Member
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    I have a crystal park $1 chip sitting in an old box. I'd sell it for $100,000 if anyone's interested.
     
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  11. toad94

    toad94 Well-Known Member
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    Yeah, I think the $100,000 is a hypothetical based on a particular chip being a) found, and b) in Uncirculated condition. But those values are indeed in Jim's book. The Guide also has a list of actual top-dollar auctions, IIRC, but I don't have the book on me right now.
     
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  12. Riculus

    Riculus Faux Clay Nation

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    A year or so ago an older lady was selling a chip(dont remember which) that she found in a old trunk auction style with $10 insurance and she got bombarded with emails informing her what she had and to offer more(way more)insurance to the winner. I think it went for 10K+. I'm sure someone here knows the details. Pretty cool story.
     
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  13. jojong

    jojong Well-Known Member

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    You're probably thinking the same one Couga is talking about. Here's the article on the Showboat chip plus others. Poker Player :: Articles :: Showboat Casino Chip Sets Record - Sells for $28,988.88 at eBay Auction
     
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  14. Couga

    Couga Creativity Alliance

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    I stand corrected. From the above article that Jojong linked I got the following quote...

    "Wayne Thompson, President of the Casino Chip & Gaming Token Collectors Club, Inc., said, “It's always exciting to see a record broken on rare chips. While this is the highest price paid for a $1 chip we have seen at least one Sahara $100 chip bring $100,000 cash."

    Jeez!

    - Couga
     
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  15. Riculus

    Riculus Faux Clay Nation

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  16. jojong

    jojong Well-Known Member

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    You're not totally wrong. If I recall correct, this was a private transaction so the amount was not confirmed.
     
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  17. BigKyle

    BigKyle Well-Known Member

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    Somebody bought an old $100,000-value chip from a Bob Stupak casino for about $45-50k I believe.
     
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  18. rugerjw

    rugerjw Well-Known Member
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    I'm very interested too, older chip singles are growing on me everyday. The style of the 1950's and 60's chips just have a look in my opinion that just can't be copied in todays chips.

    :TTIWWP:
     
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  19. AlbinoDragon

    AlbinoDragon Well-Known Member
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    This link may point you in the direction of some rare monsters.

    Casino Rarities, Las Vegas Chip Hall of Fame

    Complete with pics and some words on the chip. There is one listed here that counts as probably my personal ultimate holy grail (the California Club smkey $5)
     
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  20. links_slayer

    links_slayer Master of the 3-Putt Par
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    "Only two (2) are known to exist." (edit: looks to be the case for most of those chips...woah)

    :shocked:

    great link...thanks! :)

     
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