Goldbacks and Foil Notes
A Goldback is a unique form of localized, small-denomination currency made from pure gold foil. It is designed to serve as an alternative to traditional fiat currency and has gained popularity among those interested in precious metals and alternative currencies. Goldbacks are created in various series representing States that have adopted their use. So far, this includes Utah, Nevada, New Hampshire & Wyoming. It is designed to be used as a complementary currency, having interchangeable denominations rather than varying premiums based on gold content. They can be used for barter simply due to the fact that each has intrinsic value contained in the gold.
Quick Facts About Goldbacks and Foil Notes
The Goldback is a voluntary, complementary currency that is made with a small fractional denomination of physical gold.
Hundreds of businesses throughout more and more states are agreeing to accept this gold-backed alternative currency for payment for goods and services.
The obverse and reverse designs of each goldback foil note are unique to each State Series and includes five denominations, each with their own unique design with the themes based on the state's history.
Each goldback foil note is made from 24k gold that is sandwiched between layers of thin plastic. Each goldback is a legal local currency.
Backed by the Utah Precious Metals Association (UPMA), the Utah Goldback was the first to premier in 2020.
Nevada and New Hampshire joined the voluntary gold-backed currency shortly after.
Wyoming now joins as the fourth state to participate in the Goldback alternative currency.
The Goldback is a voluntary, complementary currency that is designed to be spendable, like cash, and can be exchanged at many locally owned businesses for goods and services.
Each bill is produced with fractional denominations of pure .9999 fine gold that is sandwiched in-between layers of thin transparent and durable plastic film.
Goldback Denominations
Goldbacks are available in five denominations, each with a distinct nominal face value and a fractional amount of 24k pure gold, giving each foil note its intrinsic value.
- $50 Goldbacks - Contains 0.05 troy ounces of pure gold.
- $25 Goldbacks - Contains 0.025 troy ounces of pure gold.
- $10 Goldbacks - Contains 0.01 troy ounces of pure gold.
- $5 Goldbacks - Contains 0.005 troy ounces of pure gold.
- $1 Goldbacks - Contains 0.001 troy ounces of pure gold.
How to buy the cheapest Goldbacks and Foil Notes
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