24K Gold Utah Goldbacks - Legal "GOLD" Currency

Goldbacks come in denominations of:

1 Utah Goldback=1/1000th Troy Oz 24K Gold

5 Utah Goldback=1/200th Troy Oz 24K Gold

10 Utah Goldback=1/100th Troy Oz 24K Gold

25 Utah Goldback=1/40th Troy Oz 24K Gold

50 Utah Goldback=1/20th Troy Oz 24K Gold

The Utah Goldback is the first local, voluntary currency to be made of a spendable, beautiful, physical gold.

“The Goldback solves a 2,600 year old problem in that gold can be spent in small increments.”

Some people feel like there may come a day when regular fiat currency will no longer retain much value due to some economic, political, or natural disaster. Over the past century hundreds of fiat currencies have had their values wiped out. For this reason, many people hold some amount of gold and silver. However, it may be difficult to spend a theoretical $1,500 gold coin or even an $80 silver coin for the purchase of toilet paper if an EMP blast wipes out the power grid for several months. It makes sense to keep a portion of this hedge in Goldbacks.

Many businesses in Utah have come together to accept Goldback as legal tender. They did an experiment and took them to Oregon where business owners also accepted them. I believe this is just the beginning of silver and gold being recognized as acceptable payment methods.

Goldbacks have a colorized front and a negative looking bac. This negative look is due to their anti-counterfeiting technology. There have been no counterfeit Goldbacks as of today.