Utah Goldbacks

The Utah Goldback series is a groundbreaking and artistic form of currency that combines the beauty of traditional paper money with the intrinsic value of gold.

It's a series of denominations within the larger Goldback system, each containing a fraction of a troy ounce of 24 karat gold.   

Key Features:

  • Composition: Made of .999 fine gold layered between two layers of clear polymer for protection and durability.
  • Denominations: The Utah Goldback series includes the following denominations:
    • 1 Goldback (1/1000th troy ounce of gold)   
    • 5 Goldback (1/200th troy ounce of gold)   
    • 10 Goldback (1/100th troy ounce of gold)   
    • 25 Goldback (1/40th troy ounce of gold)
    • 50 Goldback (1/20th troy ounce of gold)   
  • Design: Each denomination features a unique and intricate design showcasing a virtue important to Utah's heritage, represented by a woman in various historical and cultural contexts.   
  • Legality: While not considered US legal tender, it is recognized as a voluntary, local currency in Utah.   
  • Purpose: Can be used for transactions with vendors who accept Goldbacks, collected as a precious metal asset, or given as a unique gift.   

Additional Information:

  • The Goldback series was created by Valaurum, a company that specializes in producing innovative gold products.   
  • The Utah Goldback series was the first to be released, paving the way for other states to adopt similar systems.
  • The designs of the Goldback notes are inspired by the Utah Legal Tender Act of 2011, which recognized gold as a form of currency within the state.   

Overall, the Utah Goldback series is a fascinating and practical way to own and utilize gold. Its unique designs, varied denominations, and acceptance by select vendors in Utah make it a valuable and intriguing asset for collectors and those interested in alternative currencies.