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Let the chips fly!

MGM Mirage is discontinuing $5 chips with images of two of its most iconic acts: Siegfried & Roy and Danny Gans. Through July 23, you can redeem these chips for their full value, after which they will no longer be accepted as currency. But if you have one, don’t hold onto it expecting this to increase its value. According to Jim Steffner, national chairman of the Casino Chip and Gaming Token Collector’s Club, casinos decommission chips occasionally when their subject matter is no longer a part of the fabric of Las Vegas—but that rarely has an effect on value. Which is why we’d recommend getting rid of the following chips as well: 1) “Five neighborhoods where your home has quadrupled in value” series; 2) “Yucca Mountain” glow-in-the-dark chip; 3) John Ensign “Ethics in Government” limited edition; 4) “UNLV: Now and Forever” collector’s set; and the “See You Next Year” Vegoose chip.

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Ken Miller is Las Vegas Weekly's associate editor, having previously served as assistant features editor at the Las Vegas Sun ...

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Previous Discussion:

  • Seriously, the 2 next to the 5? This is Las Vegas!

  • They're wingmen. Conversation starters. Reasons to keep it classy and call it an early night.

  • And about that photo? We prefer the earlier Donny, the one in a leisure suit playing a piano in the path of an oncoming locomotive.

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