Hi Bob,
Though I agree with what you've said up to the point
where casino management and certain chip
manufacturer's tactics are nothing less than
exploitation, I can't see how a currently operating
casino knocking out higher-denomination LE's has
anything to do with obsolete issues being worth far
less that they were worth in the past...especially
those issues of casinos past. I know that when I
first started buying Atlantic City
collections/accumulations for inventory, that
material which was very desirable wasn't too easilly
found in multiples. Today, more and more of what
used to be the tougher-to-find material is
popping-up at a rate far grearter than what the
market can absorb. Chips that I was once able
to sell at wholesale levels to Atlantic City chip
dealers are at what some
retail levels are today for that same issue. Don's
example of him paying
$300 for a Hilton $2.50 that today can't command 50%
of that level on eBay is a perfect example of what's
happens
due to supply and demand. The chip seen below was a
hot ticket item when I first latched on to a handful
of them a few years back. Those collectors of AC
Roulettes and those who had completed their Brighton
series were very happy to place one of thesee
Roulettes in front of that series. Today, I can't
move the last three examples at my fixed $150. I
think it's only because of supply, generally, and
not because the Sands decided to punch out $10 Miss
America chips (I bet they'll think twice before they
number another LE....especially if they try to pass
them the way they did, then <g>).

JB