Chris Flynn
3 of a Kind
which would you buy/"invest" in and why? Am in a dilemma right now and would appreciate thoughts/perspectives. Thanks!
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Mint CPC vs Casino Used Paulson? (2 Viewers)
- Thread starter Chris Flynn
- Start date
DJ Mack
Flush
Both. CPC is for customs. Paulson is for everything else. You can relabel Paulsons but it's not quite the same as having a true inlay.
As for investing, if you mean in the financial sense definitely not CPC. You are not going to unload your customs for anything more than what CPC would charge someone to make the same spot pattern, and probably not even that. Paulsons have some collectibility but they aren't always liquid. But if you mean in the sense of durability, both will give a lifetime of home use.
That reminds me, I have to check into the next Circle Square run so I can add on to my tournament set. I don't need them but adding 300-500 chips a year seems to be a way to build a monster set without going broke. And it keeps me a current customer with CPC (that means nothing BTW).
As for investing, if you mean in the financial sense definitely not CPC. You are not going to unload your customs for anything more than what CPC would charge someone to make the same spot pattern, and probably not even that. Paulsons have some collectibility but they aren't always liquid. But if you mean in the sense of durability, both will give a lifetime of home use.
That reminds me, I have to check into the next Circle Square run so I can add on to my tournament set. I don't need them but adding 300-500 chips a year seems to be a way to build a monster set without going broke. And it keeps me a current customer with CPC (that means nothing BTW).
What exactly are you after? You mentioned "investing"... if you're looking for something that will hold or increase it's value you absolutely don't want CPC customs. I love my customs but they are a purchase made solely out of love. Even the best sets lose at least 30% of their "value" (read: resale) the moment you place and pay for your order, months before you even receive your chips.
OP
OP
Chris Flynn
3 of a Kind
Thanks guys, great thoughts and questions. Am in the process of selling my mint WTHC set-could have sold it for more but supplying a PCF member discount. Now, need to replace - was thinking of CPC Rounders, adding on to my Horseshoe Cincys, Tangiers group buy, or Chip Room Tonkawas When available. More for play than collecting but as a poker player - always interested in maximizing value.
200 Motels
Flush
Paulson will retain their value more than new CPC.
The ceramic (Tanger's, etc) group buy will likely not lose value since they'll be a one time deal and no one will be able to buy them after this GB is over other than through classifieds etc.
The ceramic (Tanger's, etc) group buy will likely not lose value since they'll be a one time deal and no one will be able to buy them after this GB is over other than through classifieds etc.
CPC rounders will retain more value than CPC customs, most likely, but since anybody can order new ones from CPC at any time, reselling used ones will always be done at some kind of loss.
I think you're 100% wrong here. I'm pretty sure the plan is for this to be a stock chips at OWPS, albeit at a slightly higher price.
200 Motels
Flush
It's either 100% or 0% so, do you know if that's the plan or not?
If they're keeping them but selling at a higher price after the group buy than my main point stays the same. It's unlikely they'll drop in value.
Nex
Flush
By that logic though, custom CPCs should be retaining their value as well then? Even if someone meticulously manually re-builds all the inlay graphics from another set they've seen, I can hardly imagine CPC agreeing to make a 100% knockoff of a set they've already produced for someone else.
Yes, that's the plan. As far as resale value goes, I guess it somewhat depends on how much more OWPS sells them for.
200 Motels
Flush
CPS are a great example of a one time production run and being available only at a higher price. Same with Boardwalk hybrid.
The OWPS group buy will be limited numbers, but if not than sure, they're unlikely to retain much value.
Your CPC analogy doesn't quite work because you can always buy a new set with whatever design you like from CPC for the same price as anyone else. 80c/chip ceramics with aligned edges are not something that you can buy at any time.
DJ Mack
Flush
That's the point I was alluding to above. Paulsons have value beyond the chips themselves because of the property they represent. Who the hell wants to buy a full set of Bob's Basement Barrel Poker or the JM Crew? Nobody.
When CPCs are sold second hand it's almost always at a loss and with the intent of using for a relabel project. Paulsons have a good chance of getting through life unmolested not because they're Paulsons but because they're from real gambling establishments.
links_slayer
4 of a Kind
if you're looking to throw money into an investment, there are a couple better options than poker chips.
The reason to go with CPC is because you want custom chips that you will mostly likely keep for the rest of your life.
If you don't have a personal design you feel passionate about then get a decent Paulson set. They will be pretty easy to sell and you should be able to get most if not all of your money back out of the set when you decide to sell it.
Most of us with custom CPC set still have a Paulson set (or 5) as well.
I have found that I don't like casino used chips for the most part and have sold all of them I have owned and now just have my PCA Paulson set that was mint when I bought it.
It took me owning many sets over the last 12 years or so to refine my tastes. I have a custom CPC set with another on the way as well as my Paulson set. Along with my BCC Limit set I am very happy with my sets. I don't see new ones being added, just slowly buying more for the existing sets.
That is until a set comes out with mint Paulson casino chips on the THC mold with Cali colors!!! Then I might break the bank for a new set.
If you don't have a personal design you feel passionate about then get a decent Paulson set. They will be pretty easy to sell and you should be able to get most if not all of your money back out of the set when you decide to sell it.
Most of us with custom CPC set still have a Paulson set (or 5) as well.
I have found that I don't like casino used chips for the most part and have sold all of them I have owned and now just have my PCA Paulson set that was mint when I bought it.
It took me owning many sets over the last 12 years or so to refine my tastes. I have a custom CPC set with another on the way as well as my Paulson set. Along with my BCC Limit set I am very happy with my sets. I don't see new ones being added, just slowly buying more for the existing sets.
That is until a set comes out with mint Paulson casino chips on the THC mold with Cali colors!!! Then I might break the bank for a new set.
Neither.
From an investment aspect, CPC chips just don't hold value, and to some degree, either do used Paulson chips..... plus, they are, well, used......
The holy grail you seek are mint casino Paulson chips.
Very true. But please don't buy beautiful mint Paulson/TRK/BCC and consider them an investment. If you do, then you'll be of the mindset that you can't use them because they'll lose their value. Poker chips need to be played with!!
Tonkawa makes the most sense to me from what you have listed.
If you go rounders I'd watch the classifieds.
Maximize value of hobbyist items by buying what you really, really like. Ergo, no need to worry about resale.
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That is until a set comes out with mint Paulson casino chips on the THC mold with Cali colors!!! Then I might break the bank for a new set.
Shut up and take my money! I don't need both these kidneys now do I?
crussader
Flush
There are plenty of people spending more than the cost of CPCs on things such as Paulson home fantasy sets which are somebody else's vision. Basically any chip out there in the market is someone else's vision.
I never understood why a chip set designed by an individual is inherently less valuable than a set designed by some corporation that produces chips. Obviously something personalized like Bob's card room would have limited appeal. But there are at least a dozen CPC sets out there that I would rather purchase than Paulson Le Noirs, PCRs, or WTHC if they were available for sale.
The main reasoning behind that reasoning is that as cool as someone's custom set is, there is probably something about it, a base color, an edge spot color, or edge spot pattern, or the break down of the set that you would change if you were designing the set. And if you are going to pay the same price anyways you might as well order your own set and make that change.
Obviously inlay artwork is a different story. If that really appeals to you then buy it the custom set since you would need to come up with your own anyways.
But if buying someone's custom set for the same price per chip as listed on CPC's website, that is still a savings. Paying for a designer for the inlay is a hidden cost many people don't think about and it can add up.
But if CPC were to go out of business tomorrow, watch the price some of the really well done custom sets go up if they were to hit the classifieds. It is already happening with BBC custom and group buy chips.
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Can't compare the two... Paulsons are what they are with no customization options while CPCs can be changed however you like.
If you were looking to spend x amount of money on a new car and your options were to take the one they have on the lot or order one in whatever model, color, and with whatever options you like at the same price which one would you choose?
The one with a trunk full of TRK's.
crussader
Flush
Isn't that also true of most any chip out there? There are several changes I would make to the WTHCs if I was designing the set. Yet, these chips are easily selling in excess of 3.00 per chip. Significantly more than the cost of CPCs. There are changes I would make to the PNY set as well.
I understand what you are saying and it makes sense to a point. That is why I personally pass on most Paulson sets.
The difference is, we can't call Paulson to order a custom set to our exact choosing but we can with CPC. So the limited nature of Paulson chips along with their quality makes them desireable.
crussader
Flush
Let's try this analogy. Imagine going to a used car lot (since we're talking about the secondary market value of the chips). There are two cars of similar price and condition you are trying to decide between. If one car was custom ordered by the original owner, and the other was originally bought out of dealer inventory, would that have any effect on your buying decision? Would the custom ordered car be inherently less valuable?
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