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!
6 comments:
Do the old ones ever expire?
Oh and btw the new ones are hideous.
Still verifying facts with my sources but my understanding that they are valid up until the Bellagio gets blown up to make way for the next uber-mega-casino. But they would only be worth a buck apiece at the Bellagio whereas they are worth more than that to collectors, especially now that you can't stop by the Bellagio chips store and buy them buy the bucketloads anymore. Ironic.
Nice! So your investment in the chips really is an investment! Don't let us devalue your chips any further by having us play with them ;)
Besides, if I dumped them, where would we all get our weekly dose of lead poisoning?
I was on this page looking up another chip and noticed the prices.
Current ugly ass $1 Bellagio chip: $2.99
Obsolete first issue Bellagio chip: $3.99
Having racks of Bellagio chips to play with as they appreciate: priceless! ;)
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