I think this thread is the same idea as when people post chips on here and say 'make an offer'. And then they might post to this board the private offers emailed them and make idiots out of the people who offered like they were insulting them with low offers even though there were no guidelines on the expected offer. I have no idea the value of any chip made before 2000 and therefore it is not reasonable to ask me to make an offer for a chip from 1950. I might say $10 and get spit at because the chip is worth $5,000 or something like that. I do not spend money on price guides yet and do not memorize the current value of 100,000 chips off the top of my head like some people might expect. Also, so what if the value of a chip is high, maybe the seller is in a desparate situation to cash them in and is willing to accept low ball offers. An asking price doesnt mean the seller isnt willing to negotiate.
I have only been collecting since about 2000. It was finding the Harrahs Vegas ME $5 in my hands on the BJ table that started my fascination with different chips. I believe I am alomst never in a position to offer a reasonable price for an old or rare chip so you are not speaking for everyone. Seems to me, the older the chip is, the less relevant the face value is. Some old $100 chips sell on here for $20-$30, while old $1 chips bring in thousands. There is no pattern there for us young collectors to understand when making an offer for a chip we've never seen. If I saw no prices, I would consider it just like those fancy restaurants that do the same thing which always means they are expensive!
So in summary, I would probably just browse in fascination of chips with no price, but would assume them to be expensive and just walk to the next booth with the bucket of $1 chips!
Just my 'newbie' collector thoughts.
Dave C.
R-6666
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