Are Old Poker Chips Worth Anything
Poker chips hold great value, whether they are old or new. However, once new poker chips leave the walls of a casino, they become entirely useless as they no longer hold a monetary value. On the other hand, old poker chips will become useful outside the casino when they age. If you have old poker chips, chances are they could be worth some money. I found this green poker chip with white edge dashes all around the edge, center has $25,000 a picture of a crown above and a serial number under and under the number stating official money chip. But found where I do not know, my grandson had it with his foreign money collection. Can you tell me is it worth anything?
Chips used for poker are among the most iconic parts of gambling overall. One complete basic set of poker chips usually consists of red, white, blue, green, and black chips. In addition, other larger high stakes tournaments also use other chipsets with more colors. For the most popular types of games like Texas Hold ‘Em Poker, or any other that uses chips as currency, you simply have to know how much each color is worth. It is important to remember that no set rules are in place for the values and that these are rather are common standards at poker events. In this article, we will go over the usual ways poker chips are valued during games.
Poker chips are standard units for playing poker professionally, worldwide. Here’s a quick guide to poker chip values. This will apprise of how much value each colour of poker chip holds. Our 11.5 Gram Dice Value Poker Chips Come in 5 Standard Casino Colors/Denominations: $1 White, $5 Red, $25 Green, $100 Black, and $500 Purple. Dice Value Poker Chips are in Stock for Fast Shipment.
Basic Poker Chips
White – $1
Pink – $2.50 (This is rare in poker, and it is sometimes used in black-jack)
Red – $5
Blue – $10
Green – $25
Black – $100
Full Poker Chips
White – $1
Yellow – $2 (Again, rarely used)
Red – $5
Blue – $10
Grey – $20 (Sometimes green)
Green – $25
Orange – $50
Black – $100
Pink – $250
Purple – $500
Yellow – $1000 (These are sometimes burgundy or gray)
Light Blue – $2000
Brown – $5000
Are You Hosting a Poker Event?
If you want to host a game of poker with a maximum of 10 players, the experts suggest you should have around 500 chips in three or four colors. If you plan to hold a much larger game with up to 30 people, an around 1,000 chips in four or five colors is what you will need. Regarding sets of chips for your own games, you should keep the number of different colors low and have the most chips of the lowest value. Then, you should have progressively smaller numbers of chips as they climb in value. One example of this is a 4:3:2:1 ratio for $1, $5, $10, and $25 chips. For 500 poker chips, totals of 200, 150, 100, and 50 chips in white, red, blue and green is the common practice.
Casino Chips
Casinos tend to have their own custom-designed chips that have monetary value and the name of the casino printed either printed or engraved on the sides. These are also often multi-colored, stylized, and have patterns. The color-coding in the casinos often follows the values listed above, but many casinos make up their own systems.
Atlanta casinos mostly follow the basic practice of white, pink, red, green, and black chips. They also add yellow chips for $20 and blue chips for $10.
Las Vegas casinos are arguably the most popular in the world, and they also follow the primary system. They too, however, add $20 chips. The Wynn casino also has brown $2 chips and peach $3 chips.
California has no legal laws for chip colors in California, but a common color coding method is as follows:
$1 is usually blue
$2 is green
$3 is red
$5 is yellow
$10 is brown
$20 is black
$25 is purple
$100 is white and sometimes larger
$500 is brown or gray and often larger
High-Value Chips
A chip that is worth more than $5,000 is rarely available at the public in casinos, because high-stakes games are mostly held privately. At these events, casinos sometimes use rectangular plaques that are around the same size as playing cards. Casinos that allow high-stakes gambling in public areas have plaques of $5,000, $10,000, $25,000, and even higher. Only Nevada and Atlantic City have these casinos.
This all will be unnecessary if you are going to an online casino because the chips are already counted for you. However, not all online casinos are user friendly, to say it like this. Some of them have the Gamstop tool that prevents players with gambling issues to approach the site. To avoid such sites, you can check the list of non Gamstop casinos at sites such as freespins.monster.
History
Most of the gambling games through history used some sort of cash marker for the currency. However, the first use of chips dates back at the early 1800s when the saloons and gaming houses in the Wild West started using engraved bones, ivory, or clay as chips. These were quite easy to copy however, so by the 1880s, several commercial companies manufactured customized clay chips for the use in saloons and gaming houses. They were carefully detailed and hard to forge.
In contemporary casinos, chips are custom and manufactured, still containing a percentage of clay. Some can also be ceramic. The weight, texture, design, and color are carefully observed and controlled, and some high-end casinos even have microchips in them, which means they are impossible to copy.
In case you are a religious poker chip collector, then you must learn to identify the authentic poker casino chips. If you do not have the knowledge of identifying poker chips, you might be losing thousands or even more dollars. I will give you basic information about these poker chips:
- The way to identify the authentic poker casino chips is to understand and know as much as possible about the poker chips and the casinos that you are interested in. Whilst, it is a fact that most of the large companies have ownership on those casinos. Therefore, each casino has a bundle of chips that are unique and specific from the others. The reason is the funding of each of the casinos that back each of these chips which are a part of their casino. So, this is the main reason why the casinos dishonor chips issued at some other casinos. Though, there are some exceptions to the rule. Some casinos of Las Vegas and Nevada are generally an exception to this rule.
- It is very important to recognize the authentic poker casino chips. These chips are made in such a manner that the security features are actually incorporated in the real chips. If you find some artwork integrated in these chips, then they become the highest Quality chips. Also, there are different color combinations in the edge of these chips. They are also called as the edge spots. With the intention of identifying whether the casino poker chips as authentic or genuine to that particular poker casino, it is very essential to have the knowledge of the edge spots and the artwork imbibed in the poker chips.
- In the learning process regarding the poker casino chips that are very unique to a particular poker casino, you need to understand whether the UV marks are there or not. There is typical visibility in the inlay of these chips. Many poker casino chips that you manage to collect must be used in the conjunction with RFID (Radio Frequency IDENTIFICATION) technology. The casinos have machines that place tags common to the technology into poker chips for security reasons so as to ensure the authenticity of the casino chips. If you wish to find whether you’re dealing with an authentic chip or not, you can attempt and find out whether the RFID tag is present or not. In case if it is present, there are special equipments for identifying the same.
- Casinos release limited edition and special theme poker chips on several occasions. If you’re a diehard fan and a collector of chips, then you must ensure in the best interest that you are aware of these releases. With this you will be in a position to analyze your chips and understand their authenticity.
- Also see this comment from Kendal for more ways to identify fake Casino chips.
Are Old Poker Chips Worth Anything Sold
I am sure that you are going to be careful in identifying the casino poker chips and also make sure about the important signs in the chips like the artwork, stamp, UV marks, RFID and the edge marks.
Are Old Poker Chips Worth Anything For Cash
Updated on 2018-07-04