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rack A collection of 100 chips of the same denomination, usually arranged in five stacks in a plastic tray. A plastic tray used for storing a rack of chips race See coin flip rag A low-valued (and presumably worthless) card. Hence ragged – having a low value rail
Casino chips (also known as poker chips, gaming tokens, or checks/cheques) are small discs used as currency in casinos. Larger, rectangular gaming plaques may be used for high-stakes games. Poker chips are also widely used as play money in casual or tournament games, are of numismatic value to casino chip collectors , or may be kept as souvenirs .
The Chip Rack, now in its 21st edition, attempts to include all chips and checks issued by casinos in the State of Nevada. 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.
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The company was founded in Cincinnati in 1867 as Russell, Morgan & Co. and originally specialized in printing posters for traveling circuses. [3] [4] The company took its name from partners A. O. Russell and Robert J. Morgan, who together with James M. Armstrong and John F. Robinson Jr. purchased the Enquirer Job Printing Rooms division of the newspaper The Cincinnati Enquirer. [5]
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