Krish did it to a rack of $5s…….
Hoard Alerts Thread started. To affect value? Needed resource?
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Blackbeard
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Who the F did that and what denom? WTEverliving F??That reminds me of a milled Maverick R rack…. I was blown away at how it was just gutted and ruined. Especially since I would have paid DOUBLE the asking price if it wasn’t milled….
a disgusting actThat reminds me of a milled Maverick R rack…. I was blown away at how it was just gutted and ruined. Especially since I would have paid DOUBLE the asking price if it wasn’t milled….
I'd love to angry-face-react to it as a subtle shout-out to that user but there's no option
.
ovo
Lucky Dipper
I used to joke about being a hoard, back in the Chiptalk days, only because I've never sold any chips, (only a few trades). It was funny to see the Chipguide start putting hoard alerts in their chip sections. But the term is overused. I can agree that if one person or a few people have the majority supply of one specific, rare, chip, then values can change in the market for singles and set collectors. But I don't have any supply majorities, or rare chips of anything, as far as I know. I just have a lot of sets, and since I've never sold any of them, it's easy to throw a label on me. I have an appreciation of sets, as a single collector would have an appreciation of singles. I do collect singles, but mainly as sample sets relating to my sets, or singles of expensive chips that I can never afford as sets. Chips are beautiful to look at.
I've never bought chips with the intention of making money. I hate flippers. I've never murdered or milled any chips, but I do have thoughts on doing that , but I would never kill anything of rare value, which is hard to define. I think my definition is pretty broad. I have labeled over chips. If I ever kill anything, it will be after giving great thought to the killing. You will never see me kill something, and then say, "I've changed my direction and decided to go a different route, so I am putting these up for sale"
What bothers me about the hobby today, is too many set collectors are killing too many chips. I think that will have a greater impact on prices than hoarders.
I've never bought chips with the intention of making money. I hate flippers. I've never murdered or milled any chips, but I do have thoughts on doing that , but I would never kill anything of rare value, which is hard to define. I think my definition is pretty broad. I have labeled over chips. If I ever kill anything, it will be after giving great thought to the killing. You will never see me kill something, and then say, "I've changed my direction and decided to go a different route, so I am putting these up for sale"
What bothers me about the hobby today, is too many set collectors are killing too many chips. I think that will have a greater impact on prices than hoarders.
Ill also say that "Private Sales" hold less weight than "Public Sales"
That said, I'll buy the new book as I gave the old on away. I want to see if the "scientific method" of valuing the chips is explained. Any "price guide" SHOULD explain how the conclude their stated values. If a guide only considers what true collectors have paid and skips over the cases where some buy a $1000 value (?) chip for $9 shipped, it stands for some scrutiny. "Oh, well that guy didn't know what he had"! Not a good reasoning tactic.
After all I find it most numerous to see those dealers at the convention go straight to “the book” when they know it’s to their benefit but won’t even reach for it when the know it won’t.
Me to dealer: “How much for these 3 chips”?
Dealer: (scrambling for the book) well let’s see, this one $, this one $, (gets to the chip he feels is very valuable) Hmmmm
(Starts heading to the page in “the book”)
Me: it’s ok. I’ll pay whatever “the book says”.
Dealer: (Slams book shut) I’ll tell ya what……
Me:
You have a book with credibility. It’s called WorthPoint. They have no skin in the game. They don’t sell chips. They don’t collect chips. They don’t make chips. All they do is report what chips are sold for over time.
“The books” are authored by people with extreme conflicts of interest. No other hobby has what we have. A group of a few telling everyone what value is based on their "opinion".
Me to dealer: “How much for these 3 chips”?
Dealer: (scrambling for the book) well let’s see, this one $, this one $, (gets to the chip he feels is very valuable) Hmmmm
(Starts heading to the page in “the book”)
Me: it’s ok. I’ll pay whatever “the book says”.
Dealer: (Slams book shut) I’ll tell ya what……
Me:
You have a book with credibility. It’s called WorthPoint. They have no skin in the game. They don’t sell chips. They don’t collect chips. They don’t make chips. All they do is report what chips are sold for over time.
“The books” are authored by people with extreme conflicts of interest. No other hobby has what we have. A group of a few telling everyone what value is based on their "opinion".
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A few have texted me the king to the RanchInn’s, I offered the guy what I believe was what they were worth to ME. They’re roulettes and visually I can see some popped inlays.
After all remember that dink Walt told me the Cotton clubs were worth $30 now that a box showed up.
Same with these roulettes. What are they worth? Whatever someone’s willing to pay that’s what they’re worth. Not what the mostly inaccurate chip rack or any other guide says they are.
After all remember that dink Walt told me the Cotton clubs were worth $30 now that a box showed up.
Same with these roulettes. What are they worth? Whatever someone’s willing to pay that’s what they’re worth. Not what the mostly inaccurate chip rack or any other guide says they are.
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Blackbeard
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I guess what matters there is what is considered "rare" some raring in a book... if only a few are known of and a bunch are discovered... should that not drop the value?
I use my Forty Grand Treasure Room chips as an example.
The Corona Club stamped chips to the left are not even on the chip guide... but the chips to the right "in the book" were valued at $50 to $60 each... even have the purchase card to show quantities originally ordered
So 400 orifinal.chips in a 1966 for example... how do they come up with the value? Assume some are lost or destroyed? Then all of a sudden they show back up and prices drop? It's only 50 of each which is a fraction of the quantities shown above.
Does me holding on to all of them and not splitting them up keep the value the same? I don't think so... they still exist.
I don't really give a crap what people think of set collectors. The chips were made to be played... I have thousands of singles and sure love owning many of them too as many are not possible to build sets around.
If I take years and round up all the singles I can find to build a rack ... like
If anything I am pushing the market as I am paying top dollar and everytime the price goes up a little more. I have no idea what a "book" says these are valued at. I decide $15 each is what I'm willing to pay and pursue my goal. I don't see how I have a negative affect on their value.
I used the example of the $4 Artichoke yesterday... I used to get these for $8 to $12 each... they blew up! I don't know why but suddenly people wanted them
I sire as hell didn't push them to those prices... and now to get one I am paying $40 each... sure I can refuse... but then I won't be adding any chips!
Does that mean I can get $40 a chip for this
I don't know... nor do I care. I just want to finish my two little racks and they can fight over the rest.
But what is the "real value" of those chips? What if Spinettis from whom I bought the majority from suddenly located 4 more racks in a storage container?
I'm paying $25 to $30 on the $1s just for RHC and upwards of $40 for the THCs... and finally finished my mixed rack of the two
I'll be damned if I wanna hear any non sense about a "hoard" over a small playable set. But again the one driving the price for the last few years has been ME!
This chip is my hands down favorite
I only had one and it was about $15 each back about 4 years ago... now I am.offering $50 a chip and can't find a single one... I am at 79 with a goal of 80 and can't get there
Am I driving the price down? No I am driving it through the roof! I'm not trying to corner the market and then sell for a profit... I don't think anyone else would pay what I have in this set... I spent $250 just the other day for this find
I highly doubt anyone else would even pay $100 for that lot... but I need the chips and that is the price I offered for each of them.
$10 on the Eldorado $1
$40 on the Artichoke $4
$50 on the JW $20s
I doubt seriously anyone else is paying those kinds of prices for these chips.
Maybe not "rare" enough for the OPs point... but if anything I am driving prices by trying to buy many in a very dry market.
Black Beard
I use my Forty Grand Treasure Room chips as an example.
The Corona Club stamped chips to the left are not even on the chip guide... but the chips to the right "in the book" were valued at $50 to $60 each... even have the purchase card to show quantities originally ordered
So 400 orifinal.chips in a 1966 for example... how do they come up with the value? Assume some are lost or destroyed? Then all of a sudden they show back up and prices drop? It's only 50 of each which is a fraction of the quantities shown above.
Does me holding on to all of them and not splitting them up keep the value the same? I don't think so... they still exist.
I don't really give a crap what people think of set collectors. The chips were made to be played... I have thousands of singles and sure love owning many of them too as many are not possible to build sets around.
If I take years and round up all the singles I can find to build a rack ... like
If anything I am pushing the market as I am paying top dollar and everytime the price goes up a little more. I have no idea what a "book" says these are valued at. I decide $15 each is what I'm willing to pay and pursue my goal. I don't see how I have a negative affect on their value.
I used the example of the $4 Artichoke yesterday... I used to get these for $8 to $12 each... they blew up! I don't know why but suddenly people wanted them
I sire as hell didn't push them to those prices... and now to get one I am paying $40 each... sure I can refuse... but then I won't be adding any chips!
Does that mean I can get $40 a chip for this
I don't know... nor do I care. I just want to finish my two little racks and they can fight over the rest.
But what is the "real value" of those chips? What if Spinettis from whom I bought the majority from suddenly located 4 more racks in a storage container?
I'm paying $25 to $30 on the $1s just for RHC and upwards of $40 for the THCs... and finally finished my mixed rack of the two
I'll be damned if I wanna hear any non sense about a "hoard" over a small playable set. But again the one driving the price for the last few years has been ME!
This chip is my hands down favorite
I only had one and it was about $15 each back about 4 years ago... now I am.offering $50 a chip and can't find a single one... I am at 79 with a goal of 80 and can't get there
Am I driving the price down? No I am driving it through the roof! I'm not trying to corner the market and then sell for a profit... I don't think anyone else would pay what I have in this set... I spent $250 just the other day for this find
I highly doubt anyone else would even pay $100 for that lot... but I need the chips and that is the price I offered for each of them.
$10 on the Eldorado $1
$40 on the Artichoke $4
$50 on the JW $20s
I doubt seriously anyone else is paying those kinds of prices for these chips.
Maybe not "rare" enough for the OPs point... but if anything I am driving prices by trying to buy many in a very dry market.
Black Beard
STuDioSuRFiNG
Gold Gambler
ALERT!!!!!
Better hurry getem while they are hot
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www.ebay.com
Better hurry getem while they are hot
PokerChipper.com's YouTube Channel I want a strike too!!!!
He double downs every chance he gets! If you let it stand he will blast it in every post! See I told on oscar and youtube spanked him!
That’s crazy! Just went over to orange and saw this. Picture cropped purposely.
Congratulations Oscar.
The only thing these ass clowns are scared of is the truth.
What video? Because it's gone now...
Its funny to see this over there, there is thread after thread on the site showing sets on sets on sets and now another redundant sets thread created.... I suppose it's a great way to affect the singles value on rare chips if thats the purpose. I'm not sure what I think about "Hoards" affecting value. I believe that @Okku says it well in his latest video, it could drop the value of once rare singles making it more affordable to drop them into sets, or, could it raise the value knowing a rare chip is in a set and not going anywhere once in a set. I've seen this over the last few years, Sets change hands frequently with a few exceptions.
I've seen sets broken up, sold, traded and even seen great chips from great casinos "murdered" (inlays removed) and relabeled to custom sets seeing some chips of value destroyed. Most custom relabeled sets are made from somewhat worthless chips from closed Indiana, Ohio etc. casinos which is not heart breaking. Other relabeled sets come from these NAGB orders that are scammed through GPI/Paulson which again, is no loss, but, I've seen some classic casino chips hoarded and destroyed to become personal sets with custom stickers installed
. I'll admit to complete my riviera set I've destroyed a couple racks myself keeping only a few of the destroyed chips original for my singles collection. But even in this case while the chip is somewhat rare (borderline) I don't think it has affected anything in the singles market.
It's hard to nail down what sets collecting has done to the singles collectors. I suppose that there isn't too many rare chips removed from the singles market to become part of a hoard or set but on occasion it happens I suppose. Really rare chips are very unaffordable or even rare enough that they cannot be used for sets unless the buyer has unlimited funds, but even then whos going to buy chips at 200+ each to put them in a set? I think that the thread I saw at the orange site is more verified than the attempt by the chip guide to simply slap unverified statements on single chips but again I ask.........
What's your take on Hoards or sets affecting the value of the singles market?? Is there a need for a section on hoards?
I've seen sets broken up, sold, traded and even seen great chips from great casinos "murdered" (inlays removed) and relabeled to custom sets seeing some chips of value destroyed. Most custom relabeled sets are made from somewhat worthless chips from closed Indiana, Ohio etc. casinos which is not heart breaking. Other relabeled sets come from these NAGB orders that are scammed through GPI/Paulson which again, is no loss, but, I've seen some classic casino chips hoarded and destroyed to become personal sets with custom stickers installed
. I'll admit to complete my riviera set I've destroyed a couple racks myself keeping only a few of the destroyed chips original for my singles collection. But even in this case while the chip is somewhat rare (borderline) I don't think it has affected anything in the singles market.It's hard to nail down what sets collecting has done to the singles collectors. I suppose that there isn't too many rare chips removed from the singles market to become part of a hoard or set but on occasion it happens I suppose. Really rare chips are very unaffordable or even rare enough that they cannot be used for sets unless the buyer has unlimited funds, but even then whos going to buy chips at 200+ each to put them in a set? I think that the thread I saw at the orange site is more verified than the attempt by the chip guide to simply slap unverified statements on single chips but again I ask.........
What's your take on Hoards or sets affecting the value of the singles market?? Is there a need for a section on hoards?