Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Let's see your exonumia!
>
Reply to Thread
Message:
<p>[QUOTE="saltysam-1, post: 2548094, member: 23368"]I normally don't post chips from my collection but this is mildly interesting. With counterfeiting becoming more prevalent within certain collector coins and even paper currency, Las Vegas and other casinos have been fighting this battle for some time. Here is a chip from the early 1960's which has a serial number assigned to it to prevent counterfeiting from happening. When a casino closes; the counterfeits as well as the regular house chips become somewhat worthless to the average player. In many cases, U.S. currency must be demonetized to loose it's value and banks are actively putting the replacement currency in circulation. Again, this doesn't happen within the casino industry. This chip is 50 years old and demonstrates just how long the gaming industry has been in this war themselves.[ATTACH=full]547151[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="saltysam-1, post: 2548094, member: 23368"]I normally don't post chips from my collection but this is mildly interesting. With counterfeiting becoming more prevalent within certain collector coins and even paper currency, Las Vegas and other casinos have been fighting this battle for some time. Here is a chip from the early 1960's which has a serial number assigned to it to prevent counterfeiting from happening. When a casino closes; the counterfeits as well as the regular house chips become somewhat worthless to the average player. In many cases, U.S. currency must be demonetized to loose it's value and banks are actively putting the replacement currency in circulation. Again, this doesn't happen within the casino industry. This chip is 50 years old and demonstrates just how long the gaming industry has been in this war themselves.[ATTACH=full]547151[/ATTACH][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Let's see your exonumia!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...