Poker chips come in a variety of denominations, and the value of each chip depends on its denomination and its rarity. There are also “rare” poker chips that have a higher value.
To determine the value of poker chips, you first need to know the denomination of the chip. For example, a 2-cent chip is worth less than a $5 chip. Then, you need to determine how rare the particular chip is.
For example, a royal flush (a five-of-a-kind) is much more rare than a full house (three of a kind). Finally, you need to determine the value of royal flushes and full houses on the open market.
Some poker players believe that rare poker chips have a greater value than common chips. However, this is not always true.
In fact, some common chips can be worth quite a bit of money if they are in good condition and are not damaged.
