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Slabbing Chips

Cary,

As someone who says that he doesn't collect casino chips, how can you possibly say that slabbing chips is good for the hobby?

When the issue came up years ago, as a former active coin collector I wrote an article about why slabbing rare coins is good for coin collectors, personally I own many slabbed coins, and why it doesn't make sense to slab casino chips. Basically, coins are graded on a scale from 1 to 70, and in some instances, a grade difference of 1 point, say MS-64 to MS-65, can increase the value of a coin by 100% or more. Slabbing additionally helps coin collectors deal with counterfeiting, alterations and unscrupulous dealers, issues that are not at all significant to chip collectors. Only experts are able to accurately grade coins and detect counterfeits and alterations. Slabbing provides real value to coin collectors, it guarantees grade and authenticity. But, I think that slabbing has very limited value to casino chip collectors, we do not face the same issues that coin collectors do.

That is my opinion. So I'll ask you: What value do you think slabbing will provide to chip collectors?

Messages In This Thread

Suggestions for club leaders ...
Re: Suggestions for club leaders ...
Wow... your sure wormed in that "S-word" ~~~
PLEASE READ!!!!!
Let me understand your suggestion
You're 100% correct
Re: You're 100% correct
There is nothing wrong with hashing over ~~~
Slabbing Chips
Answer To Your Question
Re: Slabbing Chips
Re: Slabbing Chips
From Your Post
Re: From Your Post
Come on Cary join the club, set an example?
Re: Slabbing Chips
Re: Suggestions for club leaders ...
Re: ARCHIE, STAND YOUR GROUND

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