Here is an ACE...It’s NOT from Los Altos 1940.... chips weren’t made until 1971...but who really cares?

The ACE stands for ...Action Card Enterprises. Ordered by a guy name Ray Shelley in 1971. He was already an operator with other interests, but Moves his operation and opens up a card room in the Sonoma Bowl in 1971.
There are also purple w/2 green edges $25 chips ordered
I do have newspaper clipping around here somewhere...but lack the effort to find them l

*** image from the ChipGuide