What Are The Colored Poker Chips Worth

Posted onby admin
discflicker

This 500 chip set from Da Vinci has a beautiful modern design in the classic poker chip coloring. With red, blue, green, black, and gray chips marked in denominations ranging from $1 to $500, this is a great basic poker chip set. The chips have large lettering for denominations and all have the same picture of a crest in the background. When buying poker chips without denominations, we get asked what colors are for what value. Technically speaking, any color can stand for any value, as long as it is defined ahead of time and everybody playing knows what color is what value. Every poker game relies on three things: a table, a deck of cards, and some chips. When it comes to finding a poker table and a deck of cards, there isn't too much you need to know.

I live in the Detroit area and know a dude who runs estate sales out in the 'well-to-do' suburbs all the time. Very often these become estate auctions, and I've gotten some incredible bargains.
Today (12-Sep-12015), there is an estate sale, and it will be an auction tomorrow. Up for bidding is :
'Vintage Vegas Casino poker chip collection including approximately 250 poker Casino gambling chips from closed and current casinos ranging from $.50 to $100 chips'

http://www.estatesale.com/sales/view/60018.html#gal
Are these 'collectibles' typically worth the face value, or less or more?
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.
RonC
It looks some are worth 'something' after a quick look at eBay...
$25 Caesars Palace Las Vegas Poker Chip
$5.50
1 bid
http://www.ebay.com/sch/25-/63754/i.html?rt=nc&LH_Auction=1&_trksid=p2045573.m1684
Many auctions with no bids...so not a lot of value based on about a minutes worth of research. Possibly a little bit, though...
Dieter

Are these 'collectibles' typically worth the face value, or less or more?


Less than face value.
Once, while travelling, I found a casino that had changed their chips out (and their name) - the old chips were no longer negotiable. They were selling off boxes of low denomination chips (60x $5, 20x $1 - $340 face value) for $10 - about 3% of face value.
IMO, the frames are worth more than the chips, and I wouldn't pay more than $10 a frame. The bare chips are maybe worth another $20.
If you should happen to find a negotiable chip in the mix, this raises its value significantly. If you happen to have a buyer lined up, this too raises the value. This is reasonably cool man cave decor.
Don't expect to make a killing on these.
May the cards fall in your favor.
Dieter
Shucks, I think that Sinatra mugshot poster is almost cooler than the chip collection.
Not buying that either, but the Sinatra memorabilia is probably worth snagging, if it's a good price.
AxelWolf

I live in the Detroit area and know a dude who runs estate sales out in the 'well-to-do' suburbs all the time. Very often these become estate auctions, and I've gotten some incredible bargains.
Today (12-Sep-12015), there is an estate sale, a nd it will be an auction tomorrow. Up for bidding is :
'Vintage Vegas Casino poker chip collection including approximately 250 poker Casino gambling chips from closed and current casinos ranging from $.50 to $100 chips'

http://www.estatesale.com/sales/view/60018.html#gal
Are these 'collectibles' typically worth the face value, or less or more?

I swore off sports memorabilia collecting. I have tons of it in storage. However I do like that pin set.
But I'm interested in casino stuff (not chip's, boring unless you can turn a quick profit)
People are probably going to grab the known sports memorabilia.
Can you get me the Korr's 6 pack? I'll pay up to $60.
That Al Jolson a light up promo sign? I'm interested, I have no clue what is worth but i'm thinking most people may avoid it. The right person would love that.
You might want to research the slot machines and see if there's some value.
I'm interested in some of the casino and Sinatra stuff. Ill work something out with you. PM me.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
coilman
handmade duck collectibles----- these can be worth a lot and may go for real cheap,guy I worked with carved these in his spare time and was amazing good at it...... some sold for $600 each way back in the 90s
picture 110 the bottle on the left would be nice to have..... contents and vanilla ice cream oh the memories
discflicker

handmade duck collectibles----- these can be worth a lot and may go for real cheap,guy I worked with carved these in his spare time and was amazing good at it...... some sold for $600 each way back in the 90s
picture 110 the bottle on the left would be nice to have..... contents and vanilla ice cream oh the memories

Detroit is a great place for carpetbaggers right now... I'm getting some stuff for a penny on the dollar. These auctions sometimes let you buy a whole ROOM for like $30... these rooms are often in RICH homes, no shit... imagine going through someone's house and paying $30 for EVERYTHING in a room.
I'm leaving right now, if anyone wants me to make some bids for 'em, call me at 734-469-6308 in the next couple of hours or so, or contact Rick Behar (my pal who runs these sales) at the web site.
There is some AWESOME Vegas stuff here, the Rat-Pack stuff and all. I never got a clear answer about the old chips, but I think I'm willing go pay like maybe up to 20% of face value.. THANKS FOR THE FEEDBACK, EVERYONE!!! Marty
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.
discflicker
F.Y.I., the chips in the frames were about 5x face value.. way too much in my opinion, but I didn't really look what was there. That black artwork of Vegas history was going for $1,400 and some guy was questioning if Sammy Davis Jr.'s signature was authenticated.
That newer slot sold for $500. I bought that older slot machine for $252, but I can't get it to work yet... I think it needs some more dimes to prime the payout chamber.
It looks great, and it weighs a TON. it is an Imperial Crown, built by 'Pacific Manufacturing, L.L.C.' of Japan, I'm guessing around 1960 or so. I only found one Google photo of it and no information, like a MANUAL or specification. I can't find any more info about it yet, but I'm looking...
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.
beachbumbabs
Administrator
That looked like an exceptional sale. EB, did you get in on any of the Sinatra stuff?
Sounds like your friend is doing something right, to get 5x face value, though I can't claim any expertise on chip collecting.
Out of all of it, the only thing I really craved was that huge Sinatra CD compilation. Did you notice what that went for?
If the House lost every hand, they wouldn't deal the game.
discflicker

That looked like an exceptional sale. EB, did you get in on any of the Sinatra stuff?
Sounds like your friend is doing something right, to get 5x face value, though I can't claim any expertise on chip collecting.

Poker
My friend runs the auctions, he works with the home owner to set the prices and he just gets a straight commission on everything sold, like 10%. Apparently, the owner was big-time into Vegas and sports, and had enough money to buy all the memorabilia he wanted... I think those chip collections were custom done by the owner himself and that's why the prices seem high. Actually, everything was a bit pricey at this sale, but tomorrow should be better bargains.
But, like I was saying to coilman, there are a LOT of estate sales going on right now around here... who can afford health care? SERIOUSLY! This kind of thing is going to be common place VERY soon the way our economy is heading, and the way the medical profession has enslaved us all.
Quote: beachbumbabs


Out of all of it, the only thing I really craved was that huge Sinatra CD compilation. Did you notice what that went for?

I didn't take note, but the sale isn't over until tomorrow, and at that time they may take bids at lower prices just to clear the floor.
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.

Even people who’ve never played a poker game before are somewhat familiar with the chips. These colorful, tiny discs have been used in place of money during poker games since the 1930s. When you’re sitting at a poker table, chips are about the most important thing in the world, especially if you’re playing in a poker tournament. During a tournament, chips mean you’re still in the game and have a shot of winning.

But what exactly do all the colors mean? And how do valuations work? This guide will help you get poker chips figured out.

Poker Chip Colors

Poker chips are a standard size and shape, but they come in a rainbow of colors. In actuality, any color can be worth any value. It’s all up to the casino or person hosting the game. However, over the years certain colors have become associated with certain values.

Typical poker chip values are:

White - $1 or $100

Blue - $1, $10 or $50

Pink - $2.50 (typically only used for blackjack), $250, $5,000

Red - $5

Light Blue - $10

Green - $25

Different

Yellow - $2, $20, $25, $1,000

Black - $100

Purple - $500

Orange - $10,000

Grey - $20

What Are The Colored Poker Chips Worth Anything

Brown - $5,000

What Are The Colors Of Poker Chips Worth

As you can see there’s no hard and fast rules. However, there are a few colors that are the same value just about everywhere. Red is almost always $5, green is almost always $25 and black is almost always $100.

There’s something called the Munsell Color Code system that is used by some casinos, particularly those in Atlantic City. The system outlines the actual hue and chroma classifications for chips.

If you’re playing a home poker game you can make any color any value you want. For games of up to 10 players you’ll want to have at least 3-4 colors.

Number Valuations

Often you don’t have to guess the value of a poker chip. Since the colors aren’t straightforward, many poker chips have the values printed right on them. They’ll have a valuation like $5, $10 and $20.

If you’re lucky enough to join a high-limit game you may see denominations of $1,000 all the way up to $25,000. Sometimes these higher values are also in the form of plaques that are about the size of a playing card.

Custom Poker Chips

Chips are one of the many things that can be customized in poker. Most all casinos will have custom-made chips with their logo or name. Over the years, custom poker chips have become somewhat of a collectors item, and some of the retired chips are now worth more than their face value.

At Casino Knights Inc. we offer a lot of opportunities for sponsors of charity poker events to get their name out there. You can opt for a custom poker table felt or we can arrange to have custom poker chips made.

Casino Knights Inc. Poker Chips

When we throw a casino party we provide everything you need to play all the popular poker games, including the chips. We don’t print the values on the poker chips, but we do have a valuation system based on the colors. We add zeros to every value so that everyone who plays feels like a real winner!

White - 100

Red - 500

Green - 2,500

What Are The Colored Poker Chips Worth

Black - 10,000

Yellow - 20,000

Ready to place your bet? Call Casino Knights Inc. to learn about our casino party packages, hosting a corporate event or holding a charity poker tournament!

Original Source: https://casinoknightsinc.com/casino-101/poker-chips-guide-colors-values-customization/