Mention below was posted on LasVegasAdvisor.com on Todays News. It is one of my clients most well-viewed pages. Kudos to the clubs PR guy, Sheldon Smith who wrote a timely release, a few days after the auction ended, and quoted the buyer, seller and our clubs president, all essential components, in his release.
• May 7, 2008 $1 Chip Bags $29,000 on eBay A Missouri woman scored big at the weekend when a $1 chip from the defunct Showboat Casino that she'd kept in a jewelry box for nearly 48 years went for a staggering $29,000 on eBay. It's only the third known surviving $1 chip from the casino, which operated in Las Vegas from 1954-2001 and seller Sandy Marbs recalled picking it up during a visit in 1960. She kept it because the boat on it reminded her of Missouri.
A spokesman for the Casino Chip & Gaming Token Collectors Club (ccgtcc.com) noted that this is the richest known price ever paid for a $1 chip. The current record for the most expensive recorded price belongs to a rare $100 denomination chip from the Sahara depicting a Sphinx, which sold for $100,000 cash in 2007.
For more information about high-priced rare chips, LVA members can check out the Question of the Day archives for 8/20/2007.