The Goldback launched in Utah in 2019. What is it? It’s the first tradeable artwork backed by actual 24K gold. There are five denominations, the single, five, ten, twenty-five, and fifty. The single is one thousandth of an ounce of gold. The five is five thousandths of an ounce, and so-on.
What is it worth? Depends. The retail rate for the day is always posted on Goldback.com, the official site. However, other sites like Apmex charge even more. The Goldback is worth whatever a buyer and seller agree to trade it for. At the minimum, there’s the amount in gold that the Goldback contains, but it’s worth more than just the metal because of the fact that it’s actually useful for trade, something gold hasn’t been useful for in generations.
Shire Goldback’s mission, as part of the Shire Free Church, is to help bring Goldbacks to the people at a competitive rate so as to transfer value from the fiat US Dollar war money system into a peaceful alternative – tradable gold. Historically, gold has been an excellent hedge against the inflation of government-controlled money. Goldbacks are value the government cannot control, and therefore a path to peace and the end of war.
Soon, there will be a New Hampshire Goldback available but for now, we have Utah Goldbacks and maybe some Nevada Goldbacks in stock. Please reach out to me at ian at freetalklive.com if you are physically able to purchase in real life. For now we are not shipping the product. Stay tuned for updates on the NH Goldback here.