What a wonderful thread. A dealer who admits he's a dealer, but confesses to collecting on the side. Instead of the usual visa versa. The final answer to the debate... the IRS makes the rules. lol

As for "rare" I have taken the presonal position of the Seymour book as my guide. Otherwise, I could be like the rest of the pack on eBay. Anything I have is rare, so bid high bid often. <G>

Extremely Rare (often one of a kind)
Rare
Scarce
Uncommon
Average
Common
Very Common

No one has to adhere to this, it's a free world. But when someone has rare chip for sale, Dutch auction, a red light goes off. It's an average collectible chip.

In the Topsy Turvy (Cozy Cole) world, the main truth still holds true. Supply and demand. Now if you can tell me why a chip that has less than one hundred known, is not selling for $15, but another LE with 200 known is claiming $100 each at auction, then I'd have some better answer.