For my collection of heads-up sets, first choice is always 40 x $25, 40 x $100, and 20 x $500, which fills one rack and lends itself very well to heads-up .25/.50 cash.
You can tweak to other denoms which suit your chosen cash game by choosing an appropriate lowest-value chip, but it pays to avoid sets which include 2/1 denom sequences, like 500/1000.
Cash stakes could be anywhere from $20 to $200 buy-in, and I am perfectly fine re-denominating chips to fit the stakes. In my main cash set I have used 25s as quarters, and even 5s as nickels.
For tourney I am completely open to suggestions. I'm thinking a structure that started with 5s rather than 25s would be best so that the 5s could play for either cash or tournament.
With this I could play cash using the 100s as 1s and the 25s as 25s or quarters. (or I could get a barrel of Stardust 1s and use them as 100s in a tournament)
here are a couple of ways to do a double-duty set:
5 base (can be used as 5c for cash or T5 for tourney:
40 x 5
40 x 25
20 x 100
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100 chips (T1500 stacks for tourney - 20/20/9, with 2 x 100 extras for T5 color-up)
25 base (can be used as 25c for cash or T25 for tourney:
40 x 25
40 x 100
20 x 500
----------
100 chips (T7500 stacks for tourney - 20/20/10)
Most of my heads-up sets combine both concepts, and are 150 chips:
40 x 5
40 x 25
40 x 100
20 x 500
10 x 1000
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150 chips
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