That 25k looks much better! Now you're on the right track.
I really like the 1m. That's a great concept for the top denom.
I see two things to address at this point. If you're going to have a black and brown chip in play at the same time you may want to lighten the brown on the 25k just a tad.
The second issue is the empty black space on the 1m. The other two denims feature a background image that covers most of the space, so the 1m looks a bit plain comparatively. It may not be an issue for you.
Are you planning to jump from 25k to 1m?
Thanks -- as soon as I redid it in brown, I figured a "pitcher's mound" edgespot might work well.
To answer your questions:
1. Black and brown "shouldn't" come into play at the same time -- I'm basing my chip counts off a T1Million HU tourney structure from HPT. I'll be buying enough smaller denoms (5K, 25K, 100K) for 2 HU matches, but I wanted to use a chip / plaque to track the money each player has won -- the $1M plaque will serve that purpose.
People will buy plaques as their buy-in (say $5), and the winner of a match will take a $1M plaque from the other person. When it's time to cash out, you hand over the $1M plaques, and get paid for each.
2. Black / blank space on the $1M: I'm trying to keep it as minimalist as possible, as I don't want to take focus away from the WS trophy. However, I've been thinking whether to offset the trophy / name like it is on the smaller chips. I'll shoot you a PM with the offset version, and see which you prefer.
($100K plaque is being worked on... but, again, since I have a bit more freedom with regards to size AND there only will be about 25-30 of these, I wanted to make sure the concept worked on the smaller denoms first.)