One of the first chips I ever picked up was a $1 Imperial Palace chip not to long ago.

It's TCR #8 N1789 Value: D. It'obsolete and was replaced in 1992 with N1788.

My dilemaa is this.

If the chip was replaced with a newer one, what is it still doing on the tables? I only picked it up a couple of years back.

Is it common to see a chip that has been obsolete for almost 10 years still in use?

I seem to remember there being quite a few at the Craps table.

If it still is in use does that affect the value?

$10 on the low side seems like a bit to much to pay for a chip that is obsolete but appears to be in use recently.

How much would you offer for it?

I have no intentions of giving it up. Just curious with all things considered here what it is actually worth.

Rick G.