Goldbacks for Sale

Goldbacks aren’t legal tender. It’s deemed voluntary currency, so businesses in states that participate in Goldback use can choose to accept these notes.

The value of a Goldback is linked to its gold content rather than a face value mandated by the government. This makes Goldbacks more like instruments used for trade, backed by their intrinsic value, than traditional fiat currency.

A Goldback is made using a coating of polymer that helps protect the gold embedded in it. It’s designed for effortless circulation due to being flexible and tear-resistant.

However, you should store Goldbacks away from intense moisture or heat and keep them flat to preserve their condition. They won’t degrade easily like paper currency, but folding or bending them may damage the gold in them.

Yes, but the resale value depends on how widely recognized the Goldback is. Bullion dealers and collectors familiar with these notes will purchase them, and marketplaces online provide liquidity.

They have become increasingly tradable over the years due to their rising popularity. Still, premiums vary. For instance, selling Goldbacks to collectors might produce bigger returns compared with selling to dealers who value their gold content only.