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Shipping discounts offered for multiple items within 7 days. The chip will be shipped fully insured with a hard copy of the documentation included within this listing. The Mertheimers purchased the Riverside outright from Wingfield in 1955, but they did not outlive their ten-year lease.

Mert took over the Riverside lease from Abelman in 1949, and Louis leased th Mapes Hotel with fellow Jews, Bernie Einstoss and Leo Kind. Two others who had been active in illegal gambling ventures in Florida and Michigan were Louis and Mert Wertheimer. The Nevada Gaming Commission blocked the sale, and Stacher went searching for a piece of casino action in Las Vegas. Stacher had been arrested in the 1920s for a slew of felonies. A bit of additional history found on Leo Kind in Reno follows: In 1950 Sullivan tried to sell his one-third share of the Bank Club to Joseph 'Doc' Stacher, a well-known bootlegging associate of Meyer Lansky. To the best of my knowledge, there is only the sole red 50 cent chip and an even dozen of the $5.00 lavendar chips known to exist. An astute collector was able to unearth the attached references which document the licensing of the 'Leo Kind's Panguingui Parlor' on Jas well as the order for 1,000 each of 6 denominations of chips including the 50 cent red chip (in the price guide) and the $5.00 lavendar chip (up for auction here and sold in January for over $600.00).

The single referenced 50 cent chip is listed as Unique and priced at $2,400.00 in new condition in the 'Official U.S. Casino Chip Price Guide' was for Leo Kind Panguini (Pan Parlour) in Las Vegas on what is now Las Vegas Boulevard. The initial sole reference I could find to a Leo Kind casino chip in the 'Official U.S. He also ran a Pan Parlour in Las Vegas in the mid-1950s. Leo Kind was a part owner of the Mapes Hotel in Reno Nevada in the late 1940s and early 1950s. Up for auction is a Leo Kind $5.00 casino chip, one of just a handfull known to exist from this casino.

Casino chip price guide