I assume the overall "appearance" is that of being vintage since what the overall Keychains depict are chips from many years back ("vintage").

When I asked Jim the second time "Are they 'authentic casino chips' on a Keychain?" he said "They are 'manufactured Keychains' -- they're not casino cnips" which, when reading the description appears to be accurate... being vintage casino chip Keychains and nothing else. The term REAL or FAKE wasn't mentioned by either of us and when he said "...and not casino chips" I thanked him in ending the conversation.

I think the overall description (text) is very clear that the whole item is a "Manufactured Keychain" and "not a casino chip" as Jim told me, exactly.

I do not see where the term FAKE (or real) would fit into a description of a KEYCHAIN ....