WebCheck out our 24k gold currency Goldbacks as well as our wide variety of numismatic collector coins. 1-888-804-1222 [email protected] Pintrest FaceBook Instagram RareKoin YouTube WebI would argue that since UPMA advertises a 0% buy/sell spread, goldbacks should carry the same value that they're sold for by UPMA. It currently costs about $1100 USD to convert one ounce of gold into 1000 separate bills, and that manufacturing process adds real value to the product in my opinion.

What is a Goldback? - Historic Metals

WebInspired by the passage of the Utah Legal Tender Act of 2011, the Utah Goldbacks are privately-issued local barter notes that Utahans can actually use in conjunction with any vendor willing to accept physical gold. Unlike gold bars or large gold coins, these gold notes have easy-to-use increments from 1/20 oz down to 1/1000 oz of gold. WebAs of right now, only three states have their own Goldbacks: Utah, Nevada, and New Hampshire with Wyoming being the next state to have their own Goldback series. Each … my cat simon

Goldbacks for Sale - What Are Goldbacks? - ModernCoinMart

WebTypes of Goldbacks . Goldbacks are found in five different fractional note sizes, all of which contain different amounts of gold within their respective note. Coming in 1, 5, 10, 25, and 50 Goldback notes, these forms of voluntary local currency have different, unique designs based on their denomination and which state they were produced. WebGoldbacks are a physical, interchangeable gold currency that can be used as real money from small to large transactions. Investors and collectors buy Goldbacks because they … WebThe way I understand it, in states that accept Goldbacks, they are accepting of gold as a form of currency. You'd get just as much for Utah Goldbacks, New Hampshire Goldbacks, … my cats in heat