The Chip Board
Custom Search
   


The Chip Board Archive 25

Question on quantity chip pricing

I saw the post about the box of new boulder club $25’s, and in particular the comment about what people would offer for them. I am curious as to what people would truly offer for a rack like this. Here are the factors that come to mind:

Positives
- Las Vegas chip
- inlaid arodie
- new discovery

Negatives
- everyone knows that there is at least 100 of them
- how many more boxes are there?
- it’s not a $1 chip, and $25 collectors are harder to find
- don’t know the seller at all

At what price are there 50 buyers, or 100 buyers? How much would you offer? $500 ($5 each), $5,000 ($50 each), $10,000 ($100 each), $25,000 ($250 each), $50,000 ($500 each), or another number? Please post your thoughts. I think that people sometimes find dealers to offer too low of a number, but how long can you afford locking up money in a down chip market?

In my mind, $500 is too low, $25,000 is too high, so I would be between $5,000 and $10,000, but scared to death about another box coming out. In reality, unless I felt really comfortable with the seller, I wouldn’t be at $10,000.

I look forward to your thoughts.

John

Messages In This Thread

Question on quantity chip pricing
Re: Question on quantity chip pricing
YES, SPOT ON! vbg
Binions Chips Baffle Me....

Copyright 2022 David Spragg