I figured no, they wouldn't, because there's no longer any casino backing up the claimed values, and they're all just pieces of clay or whatever.

But during my travels, it seems like there's a lot of evidence to the contrary, and I was wondering if anyone could clarify on why that is. I have a couple theories:

* The fact that they were once worth more still carries some psychological weight.

* Since they used to be worth more, it's less likely that some regular gambler took them home without cashing them. Thus, the supply is limited.

I just sold a bunch of $1 casino chips from the 50's and 60's for what seemed like high prices...I've been trying to replace them with $5 chips from the same time period, but they are very hard to find, and the ones that I am able to track down are incredibly expensive.