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WTB; GOLDBACKS

Looking to buy a large amount of all denomination Goldbacks!

Will buy any amount and denomination :smile:

Zelle Immediately upon a deal,

Thank you for any help finding these fun little pieces of gold

Comments

  • jmski52jmski52 Posts: 22,268 ✭✭✭✭✭

    Is there some reason that this shouldn't be in the BST thread?

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • JDsCoinsJDsCoins Posts: 135 ✭✭✭

    Moving Now,

    Sorry all

  • PerryHallPerryHall Posts: 45,203 ✭✭✭✭✭

    What is a "Goldback"? Never heard that term before.

    Worry is the interest you pay on a debt you may not owe.

  • JDsCoinsJDsCoins Posts: 135 ✭✭✭

    @PerryHall said:
    What is a "Goldback"? Never heard that term before.

    They are gold Foil notes in different sized made by 4 states in the USA

  • PerryHallPerryHall Posts: 45,203 ✭✭✭✭✭

    @JDsCoins said:

    @PerryHall said:
    What is a "Goldback"? Never heard that term before.

    They are gold Foil notes in different sized made by 4 states in the USA

    Thanks. Are they actually made by four states or is this some kind of novelty item made to be sold commercially to the uneducated masses?

    Worry is the interest you pay on a debt you may not owe.

  • JDsCoinsJDsCoins Posts: 135 ✭✭✭

    They are Actually made by those states which is super cool! A higher premium but I like to collect them

  • TomBTomB Posts: 20,613 ✭✭✭✭✭

    @JDsCoins said:
    They are Actually made by those states which is super cool! A higher premium but I like to collect them

    I don't believe they are made by the states. Rather, they are made by a private company for any group or individual who sponsors their production for a given state as long as that state does not have any statutes that prohibit the use of Goldbacks as voluntary barter.

    In other words, anyone can sponsor a series of Goldback notes for any state as long as the state doesn't legally prohibit their voluntary use in barter. You have to get in touch with the private company and have to be willing to put up about $400,000 of your own money so that they will buy the gold, design and produce the notes, and then make them available for purchase to be collected or used in commerce.

    So they aren't produced under the authorization of states and they aren't produced at the request of states, but are instead produced at the request of groups or individuals in the name of states where the potential use is not legally prohibited.

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    In honor of the memory of Cpl. Michael E. Thompson

    image
  • Glen2022Glen2022 Posts: 835 ✭✭✭✭

    How about some photos

  • jclovescoinsjclovescoins Posts: 1,849 ✭✭✭✭✭

    For anyone interested: https://www.goldback.com/

    They aren't cheap. Personally, I think they are a dumb gimmick. But they do have quite a following.

  • blitzdudeblitzdude Posts: 5,294 ✭✭✭✭✭

    Perhaps try the BST. THKS!

    The whole worlds off its rocker, buy Gold™.

  • tyler267tyler267 Posts: 1,232 ✭✭✭✭

    I've seen them at shows but never gave them much thought. Looks like some businesses accept them for payment. Do they fluctuate with the price of gold or does each business set thier own price.

  • rte592rte592 Posts: 1,386 ✭✭✭✭✭

    eBay has some. Cheapest I've seen for sale.

    204256218073

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @jclovescoins... Thanks for the link... Was not aware of these. I will stick to AGE's though. Cheers, RickO

  • JimTylerJimTyler Posts: 3,001 ✭✭✭✭✭
    edited April 6, 2023 11:03AM

    Any chance I might be lucky enough to get these in a vaultbox ?

  • JWPJWP Posts: 16,531 ✭✭✭✭✭
    edited April 6, 2023 5:03PM

    @Glen2022 @ricko I picked up these Goldbacks in a trade a few months ago.
    @PerryHall


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  • meluaufeetmeluaufeet Posts: 746 ✭✭✭

    @JDsCoins

    https://valaurum.com/

    Dr. Adam Trexler is a nice guy. You can design your own, and he'll make them, but you have to buy a STACK. You can email him and he'll get back to you.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,759 ✭✭✭✭✭
    edited April 13, 2023 5:17AM

    Got 100. > @JDsCoins said:

    They are Actually made by those states which is super cool! A higher premium but I like to collect them

    I have a stack of 100 in my shop. One of my customers who buys silver brought them in. They're yours for $595 plus s/h and 3.9% PP/ processing fees.
    I like them but the premium of $5k-$6k per oz of gold ( they contain 1/1000th of an oz) keeps me from dealing too much . They are cool.

    But the real question is:
    How bad do you really WTB ?

  • tyler267tyler267 Posts: 1,232 ✭✭✭✭

    @meluaufeet said:
    @JDsCoins

    https://valaurum.com/

    Dr. Adam Trexler is a nice guy. You can design your own, and he'll make them, but you have to buy a STACK. You can email him and he'll get back to you.

    Thanks for posting the website. The video was faun to watch, the products look nice. I'm sure there is a market but it's not me, I know these really aren't bullion but these have some of the highest premiums I've ever seen.

  • VikingDudeVikingDude Posts: 1,295 ✭✭✭

    Reminds me of the golden tickets in Willie Wonka

  • VanHalenVanHalen Posts: 3,770 ✭✭✭✭✭

    Those are interesting. When opening the thread I expected to see something like this.

  • PerryHallPerryHall Posts: 45,203 ✭✭✭✭✭

    @VanHalen said:
    Those are interesting. When opening the thread I expected to see something like this.

    I was also expecting to see gold certificates like the one you showed. For what gold certificates cost, I'd rather buy real US gold coins from the same era. I find gold certificates to be rather depressing because they are a promise made by our government that they dishonestly reneged on.

    Worry is the interest you pay on a debt you may not owe.

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