I would agree that repeaded listings of "rarer" or "scarcer" chips could give a false impression of available quantity and could in the short term cause prices to drop. I have seen that recently for some casinos/chips. It is my belief, however, that long-term only actual transactions will affect the price. Those short-term fluctuations are generally a great buying opportunity for people who know better.... A good example is what happened to some Santa Anita chips about 12-18 months ago. There was a small find of $5 chips (maybe 5 or 6 chips) which hit ebay in a short period of time and got relisted many times and resold. All of this activity drove the price/demand down significantly. Some of them went as low as $60 if I remember right. Now a year later, I don't recall a single chip listed sense (and I spend a lot of time watching ). I would love to get my hands on one at that $60-$100 price range. If you have one let me know!

....So my whole point was that longer term, the demand is what the demand is. Only so many chips can be in any collections at any given time. For $5 LV chip collectors, they all need Santa Anita and prices will rebound pretty quickly.

Also, is it better to start the auction at $.99 and have it sold for $30.....Or list it at a starting price of $60 and have it go unsold many times? Which one has a bigger affect on price? Rhetorical question.

Thanks for the information though Westen. Good conversation.