<p>A note validating and storage assembly for a gaming table having a table top includes a storage box for storing notes received at the gaming table. A validator is disposed adjacent to the storage box for validating the authenticity of the notes and determining the value of the notes. A controller having a memory is in operative communication with the valuator for receiving and storing data corresponding to the authenticity and value of the notes. A separator apparatus is disposed adjacent to the valuator. The separator apparatus grips one of the notes and separates the one note from a plurality of notes. A holding area is operatively connected to the separator and configured for temporarily holding at least one note in a folded configuration. The holding area is disposed below the table top such that notes may be pushed through a note entry slot in the table top and into the storage area with a plunger. A method of tracking the value of notes received from a player is also disclosed.</p>