I'm focusing my collection right now on relatively local Southern California casinos. current issues aren't a problem but I'm trying to get the obsolete chips as well. Since many of the obsoletes don't appear for sale too often, you can't really price compare one seller to another to get an idea of chip value. is it pretty much up to the seller to pick a price out of the air that they think the chip is worth?

For example, I've purchased an obsolete chip in the past for $10.00. it was a $5 chip. I haven't been collecting for super long (9 months?)but it's the only time I've seen one offered for sale. I bought it on e-bay but I haven't seen it offered here either. About a month or two after I bought it, I saw one listed here for sale for $40.

So, did I get a super deal, was the $40 price way high, was the "real" price somewhere in the middle? I'm just curious because I've seen another chip from the series that I'd like to buy but it's quite a bit higher than what I paid for the $5 or the $2 chip in the same series.

I udnerstand that an objects value is irrelevent if a buyer can't find a seller at the price they think it's worth. the true value is only what each party believes it is worth because if you can't sell it it's clearly not worth the price you want.

Anyway, just wondering how to properly price some stuff so any help will be appreciated.

I know of the chipguide.com listings but those are just chip listings and not prices. it's a great resource to see what was used but as far as pricing goes it doesn't help.

thanks.

Michael