How much silver is in a casino gaming token?
|Actual Weight||0.6 troy oz|
|Gross Weight||18.68 grams|
Are old casino tokens silver? While millions of collectible strikes of the Ike dollar contained 40 percent silver, tens of millions more general circulation coins were made of nothing but copper and nickel. Because of this new supply of non-silver dollars, the practice of minting tokens for the casinos ceased.
What are casino gaming tokens made of? The vast majority of authentic casino chips are “clay” chips but can be more accurately described as compression molded chips. Contrary to popular belief, no gaming chip going as far back as the 1950s has been 100% clay. Modern clay chips are a composition of materials more durable than clay alone.
Are old casino chips worth anything? Some chips are considered high-value and have a listed value as high as $50,000. During their 2014 convention, a $5 chip from the Golden Goose SOLD for $75,000, and a $5 chip from the Lucky Casino SOLD for $52,500.