I think that some places used chips as currency...and the 1c chips might of been for change. So...if a bar down the street was charging 40c for a beer...you could charge 37c figuring you would still get the 40c because the 3 - 1c chips would most likely go to the person bring the drink. This could be for any merchandise...cigarettes, cigars, drinks, maybe food. Just an opinion, but cigars sound likely...8c to 12c.??

This chip is from 1953 Sacramento.

*** I need the $1 Orange (that says Sacramento)...if anyone has a trader