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50 Utah Goldback
50 Utah Goldback
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The 50 Utah Goldback stands as the largest denomination within the Utah Goldback series, representing a significant step in the evolution of alternative currencies.
It embodies the fusion of artistic expression with the tangible value of gold, offering a unique and practical way to own and utilize this precious metal.
Key Features:
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Composition: Crafted from .999 fine gold, meticulously layered between two protective layers of clear polymer. This encasement safeguards the delicate gold while showcasing its natural brilliance.
- Denomination: 50 Utah Goldbacks
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Gold Content: 1/20th of a troy ounce of pure 24k gold.
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Design: The 50 Utah Goldback, like its counterparts, features symbolic artwork deeply rooted in Utah's history and culture. A woman representing a virtue important to Utah is usually depicted, surrounded by intricate details. The specific design can vary slightly between printings, but the overall theme of virtue and Utah heritage remains consistent.
- Legality: While not considered legal tender in the traditional sense of US currency, the 50 Utah Goldback is recognized as a voluntary, local currency within Utah. This means that businesses and individuals may choose to accept it as payment.
- Purpose: The 50 Utah Goldback can be used in transactions with vendors who accept Goldbacks, providing a tangible and elegant way to use gold in everyday life. It's also a popular item for collectors, those interested in alternative currencies, and those seeking a unique and memorable gift.
Additional Information:
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The Goldback series, including the 50 Utah Goldback, is produced by Valaurum, a company specializing in innovative gold products.
- The 50 Utah Goldback offers a convenient denomination for larger transactions within the Goldback system.
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The underlying concept of the Goldback is connected to the Utah Legal Tender Act of 2011, which recognized gold as a form of currency within the state.
In essence, the 50 Utah Goldback is more than just a piece of gold; it's a beautifully designed and practical piece of currency that represents a unique approach to precious metals and local economies. Its combination of artistic design, tangible gold content, and acceptance by some vendors makes it a compelling item for collectors, users, and those interested in the future of currency.
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