We have been in the mail order business for over 55 years and going to coin and antique shows for over 50 years. Be up front with the person and let them know they have a very good chip. You would like to purchase it, and you are willing to pay % of the retal value. Why do this?? because that same person may know oif other people that has chip to sell. Pay a fair price and others will come your way. Pay to little and yopu will be out in the future.
Just my point of view, Iam sure others will have their's.
C. T. Rodgers