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The Chip Board Archive 16

Hypothetical answer for you Justin ...

"Say you find 8-9 examples of a rare A.C. chip that beforehand was thought to be a "one-of-a-kind" piece, and was valued at $1000+ ?
Surely your find would greatly lower the value of the existing 1 chip, and yours would not be valued at $1000 each because your find has slanted the rarity quite a bit.
Are you saying you would offer these chips to your subscribers quietly, and most likely not disclose your "find" to the general collecting public if approached on the matter?"

Good hypothetical question Justin ... and here is my hypothetical reply ... followed up with an actual experience.

First of all ... hypothetically speaking ... a unique one-of-a-kind A.C. casino chip would probably be worth several thousand dollars. If 8 or 9 showed up, of course the value would be deflated somewhat, but not drastically. The 8 or 9 pieces that you hypothetically created, might still be a $1000+ chip due to demand.

If I came across these hypothetically 8 or 9 (previously unique) pieces ... the question remains is how much am I willing to pay for them ... and how much to sell them for ... which again to be blunt, is strictly my business. I could probably sell them directly to 8 or 9 of my standing customers at $1,000 each ... and the original value would be diminished to that level ... but certainly are not worthless.

Would I disclose that there were now 8 or 9 pieces of this previously one-of-a-kind rare chip.? Of course I would ... in my catalog and among my subscribers and the adjusted price estimate would reflect that fact.

I recently discoverd just this past year a previously unknown Babbettes $100 chip from Atlantic City. I purchased five of them. That chip was sold to my customers at the same fixed price ... and they were happy to get them. All 185 of my Atlantic City Mr. Chips, Inc. new issues subscribers knew about the find which was published in my monthly A.C. e-newsletter.

Messages In This Thread

before this gets out of hand again
Matt, you may not like my anwer, but here goes any
Re: Matt, you may not like my anwer, but here goes
There are some who may not like my answer either
Re: There are some who may not like my answer eith
Re: There are some who may not like my answer eith
not directed at you
Re: Archie, I don't agree with your response
That's o.k. Glen .... didn't expect you to.
Hypothetical question for you Archie....
Re: Archie..I Think Justin Would Like A Response
I have replied to Justin's post Glenn ...
Hypothetical answer for you Justin ...
Thanks for your response Archie.
You are welcome Justin ...
Re: Hypothetical answer for you Justin ...
Re: Hypothetical answer for you Justin ...
(Message Deleted by Poster)
"A hobby ... not a business"
Re: "A hobby ... not a business"
Re: "A hobby ... not a business"
Re: Archie..Only You can be RIGHT
Wrong Gelnn ... Only I can offer MY opinion ...
Glenn ... you asked a question ...
Re: Archie...Please Point Out WHO ARE ATTACK Dogs.
Re: Archie...YOU MADE A STATEMENT
Still got a long way to go in the thread, Archie..
Re: Still got a long way to go in the thread, Arch
Re: Still got a long way to go in the thread, Arch
From a legal standpoint...
Re: Not far to go Easy to Understand
Re: Archie, I don't agree with your response
Re:Matt Get it RIGHT
Re:Matt Get it RIGHT
Yes and I have
Re: Yes and I have
Re: Yes and I have
sure.
Thank you very much, Jim.
When it comes to value....some thoughts.
i full heartedly agree with that
My Two Cents Matt.......
*clap* *clap* *clapclapclapclapclap*
jimminy crappers!
Oh contraire !
I agree with this too.
Terry, there is not a thing you have written here
Re: Terry, there is not a thing you have written h
I understand your caution
believe me
Re: before this gets out of hand again
I am raould.
Completely understandable
Re: Completely understandable
Re: ditto
I WOULD DESTROY ALL BUT 1 EA. IN PUBLIC LOL
Re: tough call
Re: tough call
I commend you
Re: I commend you

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