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The Chip Board Archive 21

What does the "M" mean?

I noticed one of the chips that Tim Harry posted for IDs had an "M" under the $1 denomination. The records for some Lookout house chips also have an "M" as part of the hot stamp near the denom. What does the "M" stand for?

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What does the "M" mean?
A T.R. King ad depicts the "M" w/ notes that the ~
...and an ad w/o the "M" has a note reading ~~~
Would it be safe to say that the ~~~

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