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Where is the gold in Goldbacks?

Goldbacks are shaped like regular currency notes but contain 24K pure gold. The gold is safely contained between two layers of clear polyester, which add artistic elements to the fractional gold bullion they contain. The term Goldback refers to each unit of the currency and is 1/1000 of an ounce of pure gold.

Can you exchange Goldbacks for cash?

Goldbacks are not legal tender, but they are valid for barter, trade, discounts.

Will Goldbacks be worth anything?

Goldbacks have appreciated in price from $2.00 in 2019, to an average of $3.75 at the end of 2021. This is an 87.5% appreciation during a time when gold coins and bars went up by about 60%. No one has ever lost money stacking Goldbacks (so long as they werent overpaying.)

How much is a 1 Goldback worth?

1 Utah Goldback Currency 1/1000 oz QuantityPrice1 - 99$3.48100+$3.45

Is Goldbacks a good investment?

Goldbacks have appreciated in price from $2.00 in 2019, to an average of $3.75 at the end of 2021. This is an 87.5% appreciation during a time when gold coins and bars went up by about 60%. No one has ever lost money stacking Goldbacks (so long as they werent overpaying.)

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