“People will sit for hours and go through the binders,” Smith said.Īside from chips, some dealers sell ashtrays, napkins, slot cards and other items with casino names on them. The rest, worth a few dollars, are tossed in plastic buckets. Other chips are neatly placed in binders with plastic pockets. The Casino Collectible Convention, now in its 25th year, launched at the Aladdin in the early ’90s and hopped around to other casinos before switching to the South Point in 2009.ĭealers, lined up in rows in Ballroom D, keep their best chips, such as 1950s Sands tokens, inside glass cases. It sold at the convention two years ago for $75,000. Sands chips from the 1950s are among the most expensive because relatively few were made and survived to this day.Īt least 5,000 Golden Goose $5 chips were made in 1976. There is no rhyme or reason sometimes.”Ī chip worth $150 can easily go for $650, he said, at the convention.Īs in other collectible fields, the rarer an item, the higher the price. “People say, ‘I need that for my collection’ and they bid like crazy. “The prices can get outrageous at the auction,” said Sheldon Smith, a representative of the association, as he toured the show floor.
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