I have to admit that I’ve never heard of these until my brother sent me three of them for my birthday, which was in May. Somebody somewhere must’ve thought of a new way to make money, but it’s nice to have these. They are actually 24 karat gold and in the first picture he sent me two of those. That means I only need 1998 more of them and I will have one full ounce of gold. The second photo I only need 499 more to have 1 ounce of gold. On both of the backs are blank, but you can see the reverse print from the front of the note. Somebody’s making money on these.
I HAVE 6 Of them I believe 2 Dallas Fort worth ,Idaho and another out west couple. I mean like $8.00 a piece and A dollar bill or half dollar I have heard some stores in Texas take them but I dont know what a dollar will buy you.
I have multiples of each denomination 20 and under from all the states issued, as well as a few other countries, and the new TX depository issue. Just a fun sub-collection.
I Like them, but they just dont have enough GOLD in them to make for a practical invesment, but the design.s are out of sight
They state on the note “This Goldback contains 1/2000th Troy Ounce 24K Gold” or 1/500th or whatever the denomination is.
Not great as bullion with a high premium over gold coins or bars. They’re starting to grow a collectible market. Even @paddyman98 has some. When he finds one in the dirt, they’ve finally arrived
