Michael wrote...........

"If the only thing wrong with this auction was the use of the term "face value", there would be no issue, in my opinion."

I disagree.......

Michael then wrote.......

"but a seller who uses the common term "face value" to list the total of the denominations is hardly guilty of misrepresentation."

I again disagree........

Michael also wrote........

"Leaving the issue of fantasy chips aside for a moment, even the "thickest" eBay bidder would have to be pretty dumb to think they could buy the chips for say $500, drive to California and cash them in for $4,600."

What if one of these "thickest" eBay bidder's you refer to REALLY does bid $4,600 thinking he will use them for a special event since they are in nice uncirculated condition & then cash them in after the event. I agree it might NEVER happen, but if it happens just ONCE that is too much. I agree there is a bigger picture here as *I* am the one who made the first post. That does not mean that "the use of the term "face value", there would be no issue" as you wrote should be overlooked................Andy - Las Vegas