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The club held its first annual convention at the Aladdin Hotel and Casino in As the number of collectors grew, the creation of an official grading system was viewed as being a useful tool in part of the process to help determine the collectible value of the chips, as opposed to the face value they can also represent. From Wikipedia, the free encyclopedia. Contribute Help Community portal Recent changes Upload file. Bill Borland's Worldwide Casino Exchange early s had a casino story each issue and dozens of old chips for sale. Each issue featured stories and pictures from old Nevada casinos and included photos of old, collectible chips. Views Read Edit View history. Membership in the club includes an annual subscription to the club's magazine, Casino Collectible News , now in its 26th year. Before it became a more serious hobby, casino chip collecting was simply a case of people keeping them as souvenirs from a casino they may visit. Casino chip collecting became increasingly popular during the s, as evidenced by the sale of chips through several casino and collecting newsletters. Retrieved 1 June Categories : Collecting Exonumia. Cigarette Burn s.{/INSERTKEYS}{/PARAGRAPH} Bent, F. The best way to store a collection is to keep them in a folder. Drilled, B. The biggest boost to the hobby came with the creation of the online auction site eBay. Only slight signs of use, edge still crisp but ever so slightly dulled with very little wear; cross hatching may show slight wear near edge; few or no edge nicks; still retains luster in mold design; bold hot stamp; inlays excellent. Because of the amount of chips available and the increasing price of some, collectors have begun to specialize. Hidden categories: Use dmy dates from August Articles lacking in-text citations from September All articles lacking in-text citations. There are many published price guides, but two in particular are more widely used by casino chip collectors. Severe nicks or chunks, B. Either by the manufacturer or the casino : A. The Chip Rack , now in its 15th edition, attempts to include all chips and checks issued by casinos in the State of Nevada. As well as the system for grading chips, there is also a system for identifying chips shown below:. Notches, C. The Official U. Cracked, D. Likewise, Al W Moe's Casino and Gaming Chips magazine ran for several years in the mids and attracted hundreds of subscribers. Please help to improve this article by introducing more precise citations. Clipped, E. There are many different ways to collect casino chips. By using this site, you agree to the Terms of Use and Privacy Policy. The first rule of proper care and storage is to keep them away from sunlight and fluorescent light. Damage, such as cracks, breaks, missing inlay or other chip structure do not apply to this category. Permanent Stain, G. Collectors especially should be careful and maintain their rare chips effectively to keep their value intact. {PARAGRAPH}{INSERTKEYS}Casino chip collecting is the practice of intentionally taking casino chips also called "checks" from Casino premises or trading or collecting online, or in person, for the purpose of collection. Overstamped, D. Edges that were formerly sharp and square, are now well worn bicycle tires; original hot stamp foil is mostly missing with only the recesses visible may have to hold towards a light ; moderate to large chips nicks ; surface cross hatching barely visible if at all ; severe scratches to inlay or chip surface; severe color fading; partial wear up to half of Chipco design from the edge to the center of the chip. Warped, F. This article includes a list of references , but its sources remain unclear because it has insufficient inline citations. The hot stamps and the inlays of the chips are what determine their value so it is very critical to ensure that these are not severely damaged while handling them. Loose or missing inlay, C. Namespaces Article Talk. Severe Fading, H. As opposed to a coin collection, cleaning the chips will not decrease their value but is still not recommended unless really necessary. Broken, E. A collector might choose to collect every chip from a certain casino or one from every Las Vegas casino. September Learn how and when to remove this template message. Chips have inlays and hot stamps on them which can get unreadable over the time if they are not maintained properly. Casino chip collecting is a variety of exonumia , or coin collecting. Never used in games; square and round edge chips will be as from the manufacturer with absolutely no wear, no dings or nicks; no scratches on surface of chip or inlay.