Small correction right off.

All chips are to be in new conditions.
Each $1.00 entry player is to send you 4 $1.00 real casino chips. No fantasy or such.
Each $5.00 entry player is to send you 2 $1.00 real casino chips. No fantasy or such.

This is all explained in the rules.

Did you mean two $5.00 real casino chips in nearly new condition?

And OK I'm in for Four $1 chips and Two $5 chips.