A Unique Gold-Based Currency
Goldbacks are innovative gold foil notes containing .9999 pure gold in varying fractions. Designed as an alternative currency, they feature intricate artwork representing regional scenes and virtues like Liberty, Justice, Wisdom, and Prudence.
Introduced in Utah in 2019, Goldbacks have expanded to states like Nevada, New Hampshire, Wyoming, South Dakota, and Florida. Each series showcases designs unique to its region, enhancing local appeal. Crafted with a thin layer of 24-karat gold laminated onto a durable polymer, these notes come in denominations as small as 1/1000th, 1/200th, and 1/20th of an ounce. This design solves the age-old “small coin problem,” allowing gold to be used for everyday transactions.
While not legal tender, Goldbacks function as a private currency, accepted in transactions where both parties agree. They are issued by private entities rather than governments, appealing to those interested in gold-backed trade and alternative monetary systems. Since their inception, over 8 million Goldbacks have been produced, with more than 450,000 users embracing this form of currency.
The production of Goldbacks utilizes advanced vacuum deposition technology, where designs are printed on a polymer sheet and layered with atomized gold particles in a vacuum chamber. This 24-karat gold is then sealed with a second protective polymer layer, creating a durable and beautiful textured image.
Goldbacks are available for purchase worldwide through authorized distributors, offering an innovative way to engage in gold-backed transactions. If you want to purchase your own Goldback check out the link below.
