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Lot
47352

Flamingo $5 Las Vegas Casino Chip, First issue, R-6, 1946. ...

2010 May Grand Format Political & Americana Auction #6035

 
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Auction Ended On: May 22, 2010
Item Activity: 4 Internet/mail/phone bidders
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Heritage Auctions
3500 Maple Avenue
Dallas, TX 75219

Description:
Flamingo $5 Las Vegas Casino Chip, First issue, R-6, 1946. A Bugsy Siegel issue, probably the most popular chip from this famous casino as depicted in the film Bugsy. This great-looking diecut brass inlay chip is one to be cherished as they are seldom offered for sale, especially in this top-grade condition. With the Bugsy Siegel and Meyer Lansky mafia affiliation, and its long and fabled history on the strip, chips and memorabilia from the Flamingo are very popular and highly sought-after by collectors. Please note that most of these chips were drilled for key chains by the casino; only approximately twenty are known undrilled and these were found many years ago by an early chip seller. With its rarity, history, and beauty, this chip will certainly receive strong bidding. Don't miss out on a great opportunity.

The Pink Flamingo first opened on December 26, 1946, but, with the hotel still under construction, there weren't enough rooms for the out of state guests, causing the opening gala to flop. By January 16, 1947, they were closed. It reopened to stay in March 1947 as the Fabulous Flamingo with the hotel complete and is still going strong today, the oldest resort on the strip. Though thought by many people to be the first on the strip, the Flamingo was really the third to open, following the El Rancho Vegas and the Last Frontier. The popular films Ocean's Eleven and Viva Las Vegas were both filmed there.

Condition: About New. In excellent condition for a sixty-four year old clay composition chip. Some expected tarnish to the brass with one spot on the 50. Much nicer than most examples.

For more information about casino chips, please read The Basics Of Casino Chip Collecting.

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Service and Handling Description: Miscellaneous Collectibles, Small (view shipping information)

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