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You asked, so here it is – a collector’s bundle of all 5 Goldbacks in the Utah series (1, 5, 10, 25 and 50 Utah Goldbacks)
The Utah Goldback is the perfect fusion of real, physical gold in a form that’s convenient for everyday use. These UT Goldback bills are priced within everyone’s budget – how often can you buy real gold bullion for less than the price of a fast-food lunch?
Every Goldback is denominated in 1/1000th troy oz of gold, in denominations of 1, 5, 10, 25 and 50 – and it’s easy to tell them apart! Sensibly, larger denomination bills are physically larger, as well. That’s not just good design, it’s also an inherent part of the minting process. Here’s why:
The Goldback is created by latest-generation technology by Valaurum. Essentially, the process involves vacuum-depositing a precisely-measured quantity of atomized gold particles onto a thin, decorated sheet of polymer. The resulting note is then sealed by a second protective polymer barrier. The result is a surprisingly tough and durable note, almost paper-thin, containing a precisely-measured quantity of physical, 0.999 fine gold. And obviously, the easiest way to get more gold into the Goldback is to simply make it larger. Thus, the high-denomination Goldback bills are bigger than smaller denominations.
Every Utah Goldback is more than just a beautifully distinctive form of gold – it’s probably the most transaction-friendly gold you’ll find. (Note this is not “legal tender” – instead, it’s an “experimental sound money project within the states that authorize its use as such” including Utah, as its inventors say.) Having said that, Goldbacks are suitable for barter anywhere. Imagine offering to pay your dog-walker or neighborhood handyman in Goldbacks rather than dollars – do you think they’d say yes? According to research done by the Goldback team, nearly 50% of small businesses are delighted to accept payment in Goldbacks.
We could be looking at nothing less than the future of sound money…
All in all, we couldn’t be more excited to offer the first-ever genuine Utah gold-backed bill to discerning BullionMax shoppers. A word of warning, though – Goldbacks sell out fast! Ever since their first Kickstarter campaign went bananas and crushed its funding goals, Goldbacks have been thin on the ground, out of stock just about everywhere. So if you want real gold that’s affordable, easy to spend or barter, or just to get all 5 Utah Goldback designs in your collection at a great price, better buy yours right now!
We love gold coins, but when it comes to spending them, well, it’s easier said than done. Even smaller fractional gold coins just aren’t suitable for regular, everyday purchases. Economists call this the “small coin problem,” and it’s plagued currencies throughout history. (Fun fact: in jolly olde medieval England, beer was so cheap there were no coins small enough to pay for a pint – instead, drinkers used wooden tokens to track their progress toward a quarter-penny’s-worth of beer…)
Fortunately, some very smart folks saw the challenges that prevent wider adoption of actually using physical gold for everyday transactions, and they solved it by inventing the Goldback.
Here’s what its inventors have to say about it:
The Goldback® is the world’s first physical, interchangeable, gold money, that is designed to accommodate even small transactions.
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