The auction has ended. There were 10 identical lots of 3 different Horseshoe LV chips. They were the $5 Blue arodie, $5 Mustard arodie, and 25c Red arodie, and had a value of about $60 for each of the lots.

There were 9 different bidders for the Dutch auction. The auction ended with $11.39 being the price for each lot. Interestingly, a review of a sampling of previous won auctions of the bidders revealed 8 of the bidders were primarily coin collectors, and only 1 bidder was primarily a chip collector.

Either few chip collectors needed these chips, or they were voting on slabbing with their feet and did not participate.

I learned something quite interesting from all this. I learned that slabbing has become so entrenched in coin collecting since I was a coin and currency collector that even relatively common pennies and nickels are being slabbed.

That turns coin collectors into investment bankers, so I'm glad I'm not in that hobby anymore.

eBay Auction:
http://cgi.ebay.com:80/ws/eBayISAPI.dll?ViewItem&item=300088070915&sspagename=ADME:B:AAQ:US:1