$1000 Caesars Palace Baccarat 10k Gold Chip Token Las Vegas
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$1000 Caesars Palace Baccarat 10k Gold Chip Token Las Vegas:
$1000 Caesars Palace 10k gold baccarat chip. This belonged to a retired Caesars Palace employee who was basically a "lifer" there. There has been some info out there already on this rarity, and to add what I've been told by this Caesars employee,this chip was meant to be given out to the finalists of the baccarat tournament held at Caesars Palace during either the late 70's or 1980 at the latest. The gaming commission stopped the use of this chip because the chip itself had material value given it was 10K gold and not the typical non value material of something made of plastic or clay, as a result, Caesars decided to give these out to their best customers as a gift and some went to Caesars best, long term employees, the rest were scrapped for there gold value. The first photo you can see the "10K" designation as its only on one side.
Yes there was an sale a few years back where another of these went for over $5k, but the most recent sale was on March 10, 2013, that sale ended at a price of $1,052 (see photo). Mine has a little less surface wear compared to that one and has a nice shine to it. Given what these have been going for as of late, I'm putting a $700.00 reserve on it, but opening offers start at .99 cents.
Free shipping to USA buyers, international shipping cost will vary.
Any questions, let me know. This one will be tough to let go. CCGTC member R-8486