Wyoming Goldbacks

Wyoming Goldbacks represent a unique intersection of precious metals, artistry, and a vision for alternative currency. Here's a general description of them:

  • What they are:
    • Wyoming Goldbacks are part of the Goldback series, which produces spendable, fractional gold notes.   
    • They consist of thin layers of 24-karat gold encased in a durable polymer material.
    • They are not legal tender in the traditional sense, but they are intended for voluntary exchange.
  • Purpose:
    • The primary goal of Goldbacks is to make gold accessible and usable in everyday transactions.   
    • They aim to provide a hedge against inflation and a form of sound money.   
    • They offer a way to own and transact with small, practical amounts of gold.
  • Wyoming Specifics:
    • The Wyoming Goldback series features designs that celebrate the state's history, culture, and natural beauty.   
    • Each denomination (1, 5, 10, 25, and 50) has a distinct design with symbolic imagery.
    • The designs often highlight themes of pioneer spirit, liberty, and the state's iconic landscapes.
  • Key Features:
    • They contain precise fractions of 24-karat gold.  
    • They are designed to be durable and portable.
    • They are produced using a specialized process that layers gold within polymer.   
    • They are produced by the United Precious Metals Association (UPMA).
  • In Summary:
    • Wyoming Goldbacks are a novel approach to using gold as a form of currency. They blend artistic designs with the inherent value of gold, offering a unique and potentially practical way to own and use precious metals.