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<p>[QUOTE="jb10000lakes, post: 24798691, member: 102967"]Just go to Goldback.com. Tells you everything 'technical' you may want to know. Plus, it has the current 'rate' of percieved value for spending purposes. (They are legal currency in the states that have them). So, currently, a one goldback bill 'trades' at just over $4, so a little over 2x the $1.95 of gold in it. So, yeah, not the greatest way of buying/investing. That said, most people A. have no idea what they are, and B. apparently struggle with simple math, because I've accumulated quite the pile (some singles, mostly higher denominations) simply using my "spot in pocket" methodology in online auctions. Weird how the singles get bid up to 8-10 bucks, yet can scoop up a tenner for under $20. Same thing with those Aurum Liberty bills. They have 100mg of gold ($6.40 spot). They 'sell' for $20, but I've won them regularily at $5. Granted, they were printed as a novelty/advertising (and are cool looking) but they gave away I don't know how many 1 Silverbacks (1/1000 oz of silver, so $.02), with the dragon motif, yet I see reputable coin places selling them for $20.[/QUOTE]</p><p><br /></p>
[QUOTE="jb10000lakes, post: 24798691, member: 102967"]Just go to Goldback.com. Tells you everything 'technical' you may want to know. Plus, it has the current 'rate' of percieved value for spending purposes. (They are legal currency in the states that have them). So, currently, a one goldback bill 'trades' at just over $4, so a little over 2x the $1.95 of gold in it. So, yeah, not the greatest way of buying/investing. That said, most people A. have no idea what they are, and B. apparently struggle with simple math, because I've accumulated quite the pile (some singles, mostly higher denominations) simply using my "spot in pocket" methodology in online auctions. Weird how the singles get bid up to 8-10 bucks, yet can scoop up a tenner for under $20. Same thing with those Aurum Liberty bills. They have 100mg of gold ($6.40 spot). They 'sell' for $20, but I've won them regularily at $5. Granted, they were printed as a novelty/advertising (and are cool looking) but they gave away I don't know how many 1 Silverbacks (1/1000 oz of silver, so $.02), with the dragon motif, yet I see reputable coin places selling them for $20.[/QUOTE]
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