Jim P. I hope that my post did not mislead anyone. I object strongly to the pricing structure that accompanies any eventual slabbing process. A difference in one grading point in the coin hobby can mean hundreds, perhaps thousands of dollars in the price for a single coin. I would hate to see a similar scenario develop in the chip hobby because an "independent" service grades/slabs a chip as uncirulated, versus one that has some wear from legitimate table use, means that the uncirculated chip is worth three times the value of the chip that was in play. This doubled, tripled, pricing structure for each grade that is presently in place in one of the more popluar chip guides .... even for modern day current chips.... should receive more serious attention of ALL chip collectors.

On the other hand, the mere fact that a chip may be housed in a slab, should not prevent someone from purchasing it. It may be the only one known. A chip with a hole in it, is still a desireable chip ... if it is the only one known.