CHANGING IN

Vocabulum; or The Rogue's Lexicon · 1859 · p. 2
Handing in your money for the chips. CHIPS or CHECKS. The chips or checks are round fancy pieces of ivory of the size of a half dollar, and a trifle thicker. These represent money, and are received from the dealer to play with in exchange for money. They are much easier to handle, and the dealer can see at a glance how much money is bet on a card. The color of the chips indicate the value they represent. There are three colors, namely, white, red and blue. White chips represent twenty-five cents, or one dollar, according to the house. Red chips represent five times the value of the white chips. Blue chips represent $25, $50, and $100. A hundred dollar chip is the highest "fish", as the gambler calls it.
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