Where'd the Term 'Blue Chip' Come From?

 As you might have guessed, “blue chip” comes straight from the color of high value chips one found on poker tables at the turn of the century. In 1904, the term blue chip first came into use to connote something that was valuable. More than two decades later commentators first began attaching this term to the largest, most reliable companies that one could invest in. I note with a certain sense of irony that, according to etymonline.com, the first recorded usage of “blue chip” in this fashion was in 1929.

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