Acronyms and Abbreviations
Bourgoyne et Grasset. A large European manufacturer of chips and plaques. Also called B et G.
Bud Jones. One of the world’s largest chip manufacturer. Known primarily for their metal center inlay type chips.
Crest and Seal chips. Clay chips produced by U.S. Playing Card Company prior to 1940. Smooth across the surface, has a plain mold and round litho inlay. Center Inlay is protected by a clear thick, possibly celluloid material.
Coin Inlay Center. Description of a specific style of chip using metallic center inserts.
CJ is short for “Christy Jones”. Christy Jones was a chip manufacturer who are famous for their Hat and Cane (H&C) mold chips. CJ H&C chips are distinquishable from other H&C chips by the extraordinarily shiny surface inside the hat. CJ chips are also commonly referred to as “Christies”.
These are all abbreviations for “Of The Year” awards as follows… COTY – Chip, TOTY – Token, SSOTY – Silver Strike, CKOTY – slot Card or room Key. These titles are awarded by vote of the members of the CC>CC.
Any member in good standing can nominate a chip/token/etc. for the award in its respective category. The nomination process is detailed in the next issue of the club magazine, The Casino Chip and Token News.
Once the deadline for nominations has passed, everyone who made a nomination will receive a voting ballot for all of the categories. Once the voting deadline is passed, the votes will be tallied, and the winners announced.
“GO” is short for a limited edition Grand Opening chip.
Hat and Cane – a very common and popular type of chip mold.
Hot August Nights. An annual celebration in Reno in which commemorative chips are issued each year.
Hot Stamp. Primarily a gold foil imprint or embossing in the center area of a non-image chip. Other colors used can be silver; blue; red; green.
HorSeHeaD. Trademark pattern design of 16 Horse heads facing left (HHL) or 16 Horse heads facing right (HHR) edgemold. Langworthy Co. was the manufacturer.
In My Humble Opinion.
Large Crown set Of The Day. Large Crown refers to the mold type.
A Limited Edition chip. An LE chip is typically produced in limited numbers for a special occasion or event. LE chips have been made for holidays, concerts, motorcycle and car rallies, horse races, chinese lunar new years, and grand openings just to name a few.
Technically, to qualify as an LE, a chip must say “LTD” or “Limited” and have the number of chips produced in the production run. A chip produced for a special occasion but does not have the number of chips in the run printed on it is a Commemorative chip.
LE’s are typically coveted because of the limited number of chips issued and because they typically are more attractive aesthetically than the average house chip. Although there are some collectors who choose specifically not to collect LE’s because they believe they’re produced solely for collectors and only a small percentage ever hit the tables. Here is an example of a LE chip courtesy Bryan Jimison…
Laughing Out Loud, and Rolling On The Floor Laughing, respectively.
Not Chip Related. It’s used as a courtesy in the title of a post that does not directly relate to chipping so it can be avoided by those who only are interested in chip-related messages.
No Cash Value. NCV chips are not true cheques and cannot be redeemed for face value as a cheque can. They are most often used for events such as poker tournaments.
New Issue Service. An NIS monitors specific casinos and notifies its members when new chips become available. You can become a member of a service by subscribing to it.
Obsolete. There is no concrete definition of “obsolete” in this hobby. What follows are a excerpts from some of the most popular definitions. You’ll have to determine which definition works best for you.
Some people define “obsolete” as the point at which a chip is no longer redeemable at the casino of issue. However, in some places like Atlantic City, any chip ever produced may be cashed in by the gaming control board there, or, I believe, even at the casino that currently stands in the same place. So, by that definition, chips from the Playboy (a closed casino), for example, are still live. In other areas such as Las Vegas, I believe that chips from continually running casinos must be “demonetized” in order to become “obsolete”. I think that Caesars Palace, for example, has never demonetized any of their chips, so any chip from there may still be cashed in…and you won’t see any of the old ones selling for less than face.
Some people define “obsolete” as the point at which a chip is no longer available from the casino of issue (although it still may be redeemed there). However, this definition doesn’t hold true because of the phenomenon of sold-out Limited Edition’s at a casino. They’re no longer available in the casino, but they’re certainly not obsolete! Also, with this definition, the status can change. Occasionally, a chip that has been “obsolete” will become “live” again at the same or even a different casino. The Harrah’s $1 PMSC (brass core) chips were originally used at Harrah’s Lake Tahoe. They were replaced with a newer rack and became obsolete. Then they became live chips at Harrah’s Reno.
Yet others define “obsolete” as the point at which the chip no longer holds the value for which is was originally intended. This means that either the casino closed and there is no place to “redeem” them… or that the casino has called for a redemption period – and no longer recognizes the chip as a debt owed by the casino. By this definition, the bottom line is – if you can sit down and play with a chip… or redeem it at the cage at the value the casino intended, it is NOT obsolete.
Some people like the word “retired” for chips that have been pulled and replaced by new racks. These chips can be redeemed, but are generally not returned to the tables.
The salient point here is that there are many definitions of the term “obsolete” when refering to casino chips – so be careful when trading for or purchasing “obsolete” chips. Make sure you understand the definition that the person offering the chip is using so you won’t be disappointed.
Plastic Molded Slug Core. A style of casino chip where the plastic is molded over a metal core with parts of the core exposed. Also referred to as “Brass Core” or “Slug Core”.
Round Robin. Similar to a chain letter where packages of chips, slot cards, tokens are sent to collectors who have voluntarily signed up in advance to a distribution list for the purposes of trading. When one item is removed from a Round Robin to add to one’s collection, it must be replaced with a different item before sending on to the next recipient.
Scan Of Real Item. Image in scan is the actual item – not a copy or another similar item.
The Chip Rack, and The Gaming Table, respectively. These are two common reference guides in the hobby.
Thanks In Advance.
Unidentified Flying Chip. A term used to describe a chip of unknown origin or identification of a previously unknown chip.