First, only the US Congress may "coin money", not make "coins." If the coins are not money, anyone can make one (tokens), as far as the provision you provided suggests. In any case, it is not actually relevant to your discussion of "restoring" casino chips.

Second, Nevada Gaming Statutes are not the only laws which might govern whether a collectible chip may be "restored" or not. There are many common laws which may be involved, as well as other statutory laws (mail fraud quickly comes to mind), depending on the facts of a particular "restoration."

I am not commenting on any restorations which may have actually taken place. I am just not convinced that a "collectible casino chip restorer" would never be afoul of the law by restoring chips. Would the act of restoration be enough on its own to be illegal? I don't know, but I doubt it. But, when a restored chip is sold and the fact of its restoration is not disclosed, then the intentions and knowledge of the parties may come into play.

JMO, without researching the subject.

Michael Siskin