What Are The Colored Poker Chips Worth

What Are The Colored Poker Chips Worth 5,7/10 1662 votes
30/03/2020

The key to understanding poker is knowing the poker chips value. It is only at casinos that you have poker chips with markings. This means that you must know what each chip is worth. There is no hard and fast rule about the assigning of chip values. However, certain standards exist. Usually, when playing private games, you make use of white, blue, black, red, and green chips. More colors are used when playing high-stake tournaments.

The question to answer in the first place is why do we use chips in poker? Each chip has a specific value so it is easier to count chips than count regular currency. In fact, in most casinos, it is the weight of the chips that are used. Another reason why chips are used is that gamblers tend to bet more with these chips. Let’s look at these poker chips value of the different chips:

  • Regular poker chips
  • Rarely used poker chips

Casino chips are identified by the different chips colors which are used in the chips of different denominations. In the earlier days when the casino chips had just been introduced, the chips were simply objects like bones, wood pieces and paper on which the value of the chips used to be engraved or written. All the chips were of similar color. Most casinos follow the basic primary color-coding values for white, pink, red, green, and black chips, with the addition of yellow chips at $20, and blue chips valued at $10.

Hosting a Private Poker Event for a Few Players

Just in case you want to host your own private poker event, we have a few suggestions regarding your poker chips value. If you know that your event will be having about 10 players, you should have a minimum of 500 chips. These chips should be in three or four of the basic colors described above. On the other hand, it is a bit different if you are having a larger crowd.

Hosting a Private Poker Event for Many Players

If your crowd is up to 30, you should have a minimum of 1,000 chips. You can make your chips fall between four and five colors this time. Another thing you should do is keep the difference in colors as low as you can. When assembling your chip collection, ensure that you have more low denomination chips. The higher the denominations, the fewer the chips. This will make the game more fun to play.

What are the colors of poker chips worth

Casino Chips

If you have been to a casino then you would have noticed that their chips are customized. This makes it easy to know the poker chips value. Usually, the value of each chip is inscribed along with the name of the casino on the chip. Sometimes, the chips are multi-colored and may have patterns. The values may be based on the ones stated above. But in some cases, the value may be personalized to a particular casino.

High-Value Denominations

It is rare to see poker chips valued at higher than $5,000 in a public casino. Games like these are usually private in VIP sections or homes. If the game is hosted at a casino, regular poker chips are replaced by rectangular plaques. These plaques usually fall within the range of $5,000 and $25,000. If you are interested in this, you are likely to find this class of casinos in Atlantic City and Nevada.

Poker Chips Sizes

If you are wondering what the size of the chips has to do with poker chips value, it’s explained here. The regular size is a diameter of 39 millimeters. However, poker chips used at home don’t have a specific width; they are usually 40 millimeters in diameter. Chips used at home are mostly heavier than those used in casinos. It is important to know these sizes as they influence the value of the chips.

discflicker
I live in the Detroit area and know a dude who runs estate sales out in the 'well-to-do' suburbs all the time. Very often these become estate auctions, and I've gotten some incredible bargains.
Today (12-Sep-12015), there is an estate sale, and it will be an auction tomorrow. Up for bidding is :
'Vintage Vegas Casino poker chip collection including approximately 250 poker Casino gambling chips from closed and current casinos ranging from $.50 to $100 chips'

http://www.estatesale.com/sales/view/60018.html#gal
Are these 'collectibles' typically worth the face value, or less or more?
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.
RonC
It looks some are worth 'something' after a quick look at eBay...
$25 Caesars Palace Las Vegas Poker Chip
$5.50
1 bid
http://www.ebay.com/sch/25-/63754/i.html?rt=nc&LH_Auction=1&_trksid=p2045573.m1684
Many auctions with no bids...so not a lot of value based on about a minutes worth of research. Possibly a little bit, though...
Dieter

Are these 'collectibles' typically worth the face value, or less or more?


Less than face value.
Once, while travelling, I found a casino that had changed their chips out (and their name) - the old chips were no longer negotiable. They were selling off boxes of low denomination chips (60x $5, 20x $1 - $340 face value) for $10 - about 3% of face value.
IMO, the frames are worth more than the chips, and I wouldn't pay more than $10 a frame. The bare chips are maybe worth another $20.
If you should happen to find a negotiable chip in the mix, this raises its value significantly. If you happen to have a buyer lined up, this too raises the value. This is reasonably cool man cave decor.
Don't expect to make a killing on these.
May the cards fall in your favor.
Dieter
Shucks, I think that Sinatra mugshot poster is almost cooler than the chip collection.
Not buying that either, but the Sinatra memorabilia is probably worth snagging, if it's a good price.
AxelWolf

I live in the Detroit area and know a dude who runs estate sales out in the 'well-to-do' suburbs all the time. Very often these become estate auctions, and I've gotten some incredible bargains.
Today (12-Sep-12015), there is an estate sale, a nd it will be an auction tomorrow. Up for bidding is :
'Vintage Vegas Casino poker chip collection including approximately 250 poker Casino gambling chips from closed and current casinos ranging from $.50 to $100 chips'

http://www.estatesale.com/sales/view/60018.html#gal
Are these 'collectibles' typically worth the face value, or less or more?

I swore off sports memorabilia collecting. I have tons of it in storage. However I do like that pin set.
But I'm interested in casino stuff (not chip's, boring unless you can turn a quick profit)
People are probably going to grab the known sports memorabilia.
Can you get me the Korr's 6 pack? I'll pay up to $60.
That Al Jolson a light up promo sign? I'm interested, I have no clue what is worth but i'm thinking most people may avoid it. The right person would love that.

What Are The Different Colors Of Poker Chips Worth

You might want to research the slot machines and see if there's some value.
What Are The Colored Poker Chips WorthI'm interested in some of the casino and Sinatra stuff. Ill work something out with you. PM me.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
coilman
handmade duck collectibles----- these can be worth a lot and may go for real cheap,guy I worked with carved these in his spare time and was amazing good at it...... some sold for $600 each way back in the 90s
picture 110 the bottle on the left would be nice to have..... contents and vanilla ice cream oh the memories
discflicker

handmade duck collectibles----- these can be worth a lot and may go for real cheap,guy I worked with carved these in his spare time and was amazing good at it...... some sold for $600 each way back in the 90s
picture 110 the bottle on the left would be nice to have..... contents and vanilla ice cream oh the memories

Detroit is a great place for carpetbaggers right now... I'm getting some stuff for a penny on the dollar. These auctions sometimes let you buy a whole ROOM for like $30... these rooms are often in RICH homes, no shit... imagine going through someone's house and paying $30 for EVERYTHING in a room.
I'm leaving right now, if anyone wants me to make some bids for 'em, call me at 734-469-6308 in the next couple of hours or so, or contact Rick Behar (my pal who runs these sales) at the web site.
PokerThere is some AWESOME Vegas stuff here, the Rat-Pack stuff and all. I never got a clear answer about the old chips, but I think I'm willing go pay like maybe up to 20% of face value.. THANKS FOR THE FEEDBACK, EVERYONE!!! Marty
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.
discflicker
F.Y.I., the chips in the frames were about 5x face value.. way too much in my opinion, but I didn't really look what was there. That black artwork of Vegas history was going for $1,400 and some guy was questioning if Sammy Davis Jr.'s signature was authenticated.
That newer slot sold for $500. I bought that older slot machine for $252, but I can't get it to work yet... I think it needs some more dimes to prime the payout chamber.
It looks great, and it weighs a TON. it is an WhatImperial Crown, built by 'Pacific Manufacturing, L.L.C.' of Japan, I'm guessing around 1960 or so. I only found one Google photo of it and no information, like a MANUAL or specification. I can't find any more info about it yet, but I'm looking...
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.
beachbumbabs
Administrator
That looked like an exceptional sale. EB, did you get in on any of the Sinatra stuff?
Sounds like your friend is doing something right, to get 5x face value, though I can't claim any expertise on chip collecting.
Out of all of it, the only thing I really craved was that huge Sinatra CD compilation. Did you notice what that went for?
If the House lost every hand, they wouldn't deal the game.
discflicker

That looked like an exceptional sale. EB, did you get in on any of the Sinatra stuff?
Sounds like your friend is doing something right, to get 5x face value, though I can't claim any expertise on chip collecting.


My friend runs the auctions, he works with the home owner to set the prices and he just gets a straight commission on everything sold, like 10%. Apparently, the owner was big-time into Vegas and sports, and had enough money to buy all the memorabilia he wanted... I think those chip collections were custom done by the owner himself and that's why the prices seem high. Actually, everything was a bit pricey at this sale, but tomorrow should be better bargains.
But, like I was saying to coilman, there are a LOT of estate sales going on right now around here... who can afford health care? SERIOUSLY! This kind of thing is going to be common place VERY soon the way our economy is heading, and the way the medical profession has enslaved us all.
Quote: beachbumbabs

What Are The Colored Poker Chips Worth Anything

What Are The Colored Poker Chips Worth

What Are The Colored Poker Chips Worth Aj


Out of all of it, the only thing I really craved was that huge Sinatra CD compilation. Did you notice what that went for?

I didn't take note, but

What Are The Colored Poker Chips Worth Money

the sale isn't over until tomorrow

What Are The Colored Poker Chips Worth It

, and at that time they may take bids at lower prices just to clear the floor.

What Are The Colors Of Poker Chips Worth

The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.