I'd say your chip is pink with concentric circles on the inlay, Jim. In my opinion, there is only one color variety as the pink on the BudJones plastic fades badly. I've see a whole range of colors on this chip, including one that was light on one side, and dark on the other. The variety remains as long as TCR continues to list it, though.
The concentric circle attribute for these coin-inlay chips is also somewhat subjective. I believe the circles are from from the machining of the coin die, and the circles become less prominent as the dies become worn from use during later production. Yours seems to have some circles left, and I'd put it in the "concentric circles" category but I'm not sure it's a very significant variety as it relates more to early vs. late production.
In case you haven't seen clear evidence of the concentric circles on a coin-inlay, the picuture below shows a smooth coin on the left, one showing concentric circles on the surface on the right.
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