Friday, April 11, 2008
Well the inevitable has finally happened. Effective April 5, 2008 the Bellagio has introduced a new $1 chip. Personally I hate the new look and so far they aren't gaining any points on the boards either with the overwhelming majority preferring the old look $1 chips. One post even said that they have intentionally fugly-ized it to cut down on the amount of people taking them off the property. I assume that other denominations will follow. Don't worry, the cash game set isn't going anywhere (like a road trip to LV) since any replacements to the current set would be either worse looking or more expensive (for custom chips). I have extra racks of near mints as well as extra racks for general use in the warehouse so we should be plenty good for the foreseeable future. And for those who are curious, yes, the street price of these chips is now headed north as these are obsolete and no longer manufactured even though they can still be redeemed for full face value. Next thing you know the US Treasury is going to change the design of the $1 bill and I'll have to re-do all the straps!