For most gamblers, a casino chip is simply a temporary plastic tool used to facilitate a bet at the blackjack table.

Casino chip collecting, often called 'chipology', is a fascinating hobby that blends gambling history with rare collectibles.

Understanding the Value of Rare Chips

A chip that originally represented one dollar can easily sell at auction for hundreds or even thousands of dollars.

Chips from casinos that were demolished decades ago are highly sought after because they are no longer in circulation.

• Chips from illegal underground gambling dens of the 1920s are incredibly rare and highly prized
• Many collectors focus exclusively on $1 chips to build massive, diverse collections without spending a fortune
• The Casino Chip & Gaming Token Collectors Club (CCGTCC) hosts massive annual conventions in Las Vegas

Tips for New Casino Chip Collectors

Building a 'harvested' collection by pocketing chips directly from the table is a fun and very inexpensive entry point.

To find older, obsolete pieces, you will need to engage with the thriving secondary market and specialized dealers.

Holding a chip from the 1960s Rat Pack era is a direct physical connection to the golden age of Vegas.