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The Chip Board Archive 21

Low Demand=Low Value

I would argue the exact opposite Reuben. I have seen low mintage, hot stamped small town Nevada chips routinely sell way below guide values. The simple answer is these chips are not in demand. And frankly, sitting on them and waiting for the rest of the world to come around to liking that chip so you can do better on the sale.......me thinks your great-grandkids might make a nice buck on it!! JK, of course, but you get the point.

The hobby is small to begin with, the pool of small town collectors are even smaller, and then you get collectors like me who put further conditions on to what they collect----I like small town Nevada, but don't collect hot stamped chips.

Of course, there are always exceptions. Find two crazy collectors who are jonesing for that obscure chip, and BINGO, all of a sudden you get twice guide value for it, but you need the perfect storm.

For me, I collect the chips I am passionate about, and sell the others. The value is whatever I can get someone to give me for it.

Messages In This Thread

Chip Value & Rarity Question...
How can you expect anyone to answer that
Re: How can you expect anyone to answer that
Re: How can you expect anyone to answer that
OK, Fair enough...
Re: OK, Fair enough...
I forgot to mentio that this chip sold for...
Here is the link Ruben
Cool, Thanks Archie!
Re: I forgot to mentio that this chip sold for...
Like most goods, value is based on supply and...
"The Value" is determined by ...
Re: "The Value" is determined by ...
Re: Chip Value & Rarity Question...
Re: Chip Value & Rarity Question...
To answer your question ---- Y E S
Re: Chip Value & Rarity Question... NV Chip20 Made
I know I'm beating a dead horse but...
Low Demand=Low Value
grin You ARE beating a dead horse...
Well said, Steve vbg Thanks!
Re: Chip Value & Rarity Question... NV Chip20 Made
Re: Chip Value & Rarity Question... NV Chip20 Made
Re: Chip Value & Rarity Question... NV Chip20 Made
Re: Chip Value & Rarity Question...

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