Its funny to see this over there, there is thread after thread on the site showing sets on sets on sets and now another redundant sets thread created.... I suppose it's a great way to affect the singles value on rare chips if thats the purpose. I'm not sure what I think about "Hoards" affecting value. I believe that @Okku says it well in his latest video, it could drop the value of once rare singles making it more affordable to drop them into sets, or, could it raise the value knowing a rare chip is in a set and not going anywhere once in a set. I've seen this over the last few years, Sets change hands frequently with a few exceptions.
I've seen sets broken up, sold, traded and even seen great chips from great casinos "murdered" (inlays removed) and relabeled to custom sets seeing some chips of value destroyed. Most custom relabeled sets are made from somewhat worthless chips from closed Indiana, Ohio etc. casinos which is not heart breaking. Other relabeled sets come from these NAGB orders that are scammed through GPI/Paulson which again, is no loss, but, I've seen some classic casino chips hoarded and destroyed to become personal sets with custom stickers installed
. I'll admit to complete my riviera set I've destroyed a couple racks myself keeping only a few of the destroyed chips original for my singles collection. But even in this case while the chip is somewhat rare (borderline) I don't think it has affected anything in the singles market.
It's hard to nail down what sets collecting has done to the singles collectors. I suppose that there isn't too many rare chips removed from the singles market to become part of a hoard or set but on occasion it happens I suppose. Really rare chips are very unaffordable or even rare enough that they cannot be used for sets unless the buyer has unlimited funds, but even then whos going to buy chips at 200+ each to put them in a set? I think that the thread I saw at the orange site is more verified than the attempt by the chip guide to simply slap unverified statements on single chips but again I ask.........
What's your take on Hoards or sets affecting the value of the singles market?? Is there a need for a section on hoards?
I've seen sets broken up, sold, traded and even seen great chips from great casinos "murdered" (inlays removed) and relabeled to custom sets seeing some chips of value destroyed. Most custom relabeled sets are made from somewhat worthless chips from closed Indiana, Ohio etc. casinos which is not heart breaking. Other relabeled sets come from these NAGB orders that are scammed through GPI/Paulson which again, is no loss, but, I've seen some classic casino chips hoarded and destroyed to become personal sets with custom stickers installed
![Frown :( :(](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f641.png)
It's hard to nail down what sets collecting has done to the singles collectors. I suppose that there isn't too many rare chips removed from the singles market to become part of a hoard or set but on occasion it happens I suppose. Really rare chips are very unaffordable or even rare enough that they cannot be used for sets unless the buyer has unlimited funds, but even then whos going to buy chips at 200+ each to put them in a set? I think that the thread I saw at the orange site is more verified than the attempt by the chip guide to simply slap unverified statements on single chips but again I ask.........
What's your take on Hoards or sets affecting the value of the singles market?? Is there a need for a section on hoards?