Yes, John. "Predetermined number" is the defining characteristic. It requires forethought of limitation. Technically, it doesn't have to be a small number, although LE issuues of 50,000 seem to defeat any benefit of limitation. The whole concept implies that the supply is intentionally less than the perceived demand. But if a casino makes 500 or 2000 of a chip with the idea that they can make more if they need them, but then never make any more, it's not an LE. Even if the supply ultimately is limited. With chips like the Reno Horseshoe bicentenial, which certainly commemorates an event, we have no indication there was forethought of limitation. I don't believe it should be called an LE.

I think the biggest problem for collectors of this sort of chip is that the term "LE" has come to be the generic term for commemoratives. Look at the subtitle of Chipstar. When a commemorative is not limited, we're in a quandry.