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Table Games How frequently are casino chips resdesigned?

Discussion in 'Table Games' started by WWGB, Apr 21, 2016.

  1. WWGB

    WWGB Low-Roller

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    A couple of years ago, I decided to start collecting $1 chips from casinos where I played blackjack. I'd like to go back and pick up ones from where I played before I started collecting. I'm wondering how frequently casino chips are resdesigned; i.e., if I go into a casino now, are they likely to be using the same designs they used back in 2012? Are there good online resources for figuring this out?
     
  2. tringlomane

    tringlomane STP Addicted Beer Snob

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    A good amount of them will be the same. Casinos don't switch chips too often. Every five to ten years or so.

    Here is a detailed listing of casino chips across the country and lists the years they are first released.

    http://www.chipguide.com/
     
  3. ngrund

    ngrund Low-Roller

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  4. WWGB

    WWGB Low-Roller

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    Thanks for the replies! Very useful (and interesting!) information.
     
  5. vegasvic

    vegasvic VIP Whale

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    Dollar chips don't change that often. Casinos used to have TONS of commemorative chips (most commonly $5 but $25 too). They've toned that down in recent years. It seemed to hit it's peak with the ton of 2000 special chips. Some were "limited editions" with each one numbered. Casinos milked those special chips as much as they could.

    I started doing exactly what the OP is doing many years ago. A chip from every casino I played at. Then when commemorative chips started coming out in the 90's I got many of those too but there were just so many I found myself having too many of them. So then I started concentrating on chips from closed casinos. That's been fun. Ebay of course is a great resource for those. There is a good website, chipguide.com. Just click on Nevada and you can sort by city, casino, whatever you want. Has virtually every chip ever made up to the current chips.
     
  6. jbpiv01

    jbpiv01 Tourist

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    Seems like last summer when I was in MGM, there were tons of "special" $5 chips for all the fights. UFC, Mayweather... Way too many, it was hard to find just a plain $5 chip!
     
  7. flysrb

    flysrb Hey Now!

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    Hey Now!
    I started collecting $1 chips, plus a few $5 commemorative chips about 11 years ago. Most of the Vegas casinos I check are still using the same $1 ones. I also collect $1 tokens. Man are they getting hard to find at casinos!
     
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  8. MikeOPensacola

    MikeOPensacola VIP Whale

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    I started collecting $1 chips exclusively from the strip and downtown casinos in the early 80s. To date I have 231 different $1 chips and about half as many $5 chips. I love it when casinos get new chips, another opportunity to add to the collection.

    I stay with the standard $1 & $5 chips as trying to keep up with the special issue chips is futile.

    :peace::beer:
     
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  9. makikiboy

    makikiboy VIP Whale

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    The "special" chips come out pretty regularly, mostly because of some special event like a boxing match, race, new years or hotel anniversary. As others have mentioned, there isn't a lot of changes to the $1 chip but you may see changes to the $5 and up chips. Many of the casinos from MSS to El Cortez have "special" chips in circulation. Boyd just had their anniversary last year so all of their properties had commemorative chips for each casino.
     
  10. remmerde

    remmerde Low-Roller

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    There's been a lot of consolidation among the suppliers in the last ten years. GPI now owns Paulson and Bud Jones, which probably accounts for 70-80% of the Las Vegas market. That, combined with the fact that raw material increases and labor cost has gone up (yes, even though GPI manufactures in Mexico) means the casinos are paying quite a bit more for new racks than 10 years ago. So the casinos may be apt to get more mileage out of their chips than they did in the past.

    If there's a re-brand of the property, obviously that means new chips.

    Paulson and Bud Jones prices are such that the casino is losing money on every $1 chip that walks about the door. They did the $5 commemoratives because they'd profit on those when they walk out the door. But the margin on those has declined. So fewer $5 commemoratives nowadays.

    Obviously they'd love it if you started collecting those $25 commemoratives!
     
  11. vegasvic

    vegasvic VIP Whale

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  12. WWGB

    WWGB Low-Roller

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    Thanks everyone for the additional information. There's such a wealth of knowledge here! :nworthy:
     
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