In 1996, a co-worker brought in a Red Garter Las Vegas $1 chip that had been in his drawer since he had played there one night over twenty years earlier. He offered it to me and asked me to set the price. TCR had it valued at $60. I called Janice O'Neal after looking her number up in the phone book. (I had only met her briefly before then). She said that if I could get it for $60 that would be a good price.

At the time, I had never paid more then $25 for a chip and the thought of spending $60 on one chip scared me. I took the chip back to the guy and told him that it was worth $60, but I could only afford $40 and so $40 was my offer. His jaw nearly hit the floor. He said he would have been happy with $20 - but he still took the $40! He told everybody at work what a great guy I was for "over-paying" him for this chip that he had only paid a dollar for!

Today, the chip is worth about $500.

I'm not sure what the moral of the story is?!?!?

Tyrus