Compare the best online dealer prices before you buy 50 Nevada Goldback 1/20 oz 24K Gold Foil Aurum Note bars.
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The 50 Nevada Goldback 1/20 oz 24K Gold Foil Aurum Note bar contains 0.05 troy ounces of gold bullion. The melt value of one 50 Nevada Goldback 1/20 oz 24K Gold Foil Aurum Note bar is $82.19 based on the current gold spot price.
The Goldback is the world's first voluntary, complementary currency to be made of a spendable, small denominations of physical gold. Each goldback note is made from 24k gold sandwhiched between layers of thin plastic.
The first goldback notes were issued in the state of Utah. Soon after, goldback notes were issued for the state of Nevada.
Each $50 goldback is a local legal currency with a face value of $50 Nevada Dollar.
To create this $50 Nevada Goldback note, 1/20 troy oz of 24K gold was utilized. The advantage of owning Nevada Goldbacks is that it can offer stability against the inflation of the dollar. The value of a goldback fluctuates based on the price of gold.
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