Ed; There were so many of these chips in the hobby just a few short years ago that they were selling for way below face value.... somewhere in the $3.50 range was common. Possibly someone X'd out the face value to indicate they weren't worth $5. I've seen quite a few Cher $25 chips from Caesars A.C. that some disgruntled fan was deliberately defacing by rubbing the front of the chip on rough concrete. Caesars craps dealers have told me that they have seen dozens of such deliberately defaced Cher chips.