Hi Guys...IMHO it doesnt look like its a slab in the conventional sense...it doesnt appear to have been graded or slabbed by any entity that practices slabbing and grading...for all intents and purposes this chip appears just like a chip encased in a flip...I dont think there is anything wrong on this one...doesnt "appear" to meet the criteria for a truly slabbed chip...This guy appears to be a run of the mill coin & card dealer...what do you other guys think?