1 Wyoming Goldback

The 1 Wyoming Goldback is a fascinating example of modern precious metals innovation. Here's a breakdown of its key features:

• Composition:
  • It contains 1/1000th of a troy ounce of 24-karat (.999 fine) gold.   
  • The gold is layered within a polymer note, making it durable and usable.   
• Purpose:
  • Goldbacks are designed to function as a form of voluntary, spendable gold.
  • They aim to provide a practical way to use gold in small transactions.   
  • They are not legal tender, but are used in voluntary transactions.
• Design:
  • The 1 Wyoming Goldback features a unique design that honors the heritage of Wyoming.   
  • Specifically it displays an indigenous women, with a bison, and other Wyoming related imagery.   
  • The design has a very detailed artistic appeal.
• Significance:
  • It represents a movement towards sound money principles and the use of gold in everyday commerce.
  • It offers a way to own and utilize small increments of gold.
• Production:
  • Produced by the United Precious Metals Association (UPMA).

In essence, the 1 Wyoming Goldback is a small but significant piece of gold that combines artistic beauty with practical functionality.