Image 1 — 1/1,000th oz coins are produced as novelties that regularly sell with 500% - 1,000% premiums. The "one" denomination Goldback costs 92% and is the least expensive product in this class.
Image 2 — 1/1,000th oz coins are produced as novelties that regularly sell with 500% - 1,000% premiums. The "one" denomination Goldback costs 92% and is the least expensive product in this class.
Image 3 — 1/1,000th oz coins are produced as novelties that regularly sell with 500% - 1,000% premiums. The "one" denomination Goldback costs 92% and is the least expensive product in this class.
Image 4 — 1/1,000th oz coins are produced as novelties that regularly sell with 500% - 1,000% premiums. The "one" denomination Goldback costs 92% and is the least expensive product in this class.
Image 5 — 1/1,000th oz coins are produced as novelties that regularly sell with 500% - 1,000% premiums. The "one" denomination Goldback costs 92% and is the least expensive product in this class.

1/1,000th oz coins are produced as novelties that regularly sell with 500% - 1,000% premiums. The "one" denomination Goldback costs 92% and is the least expensive product in this class.

Therefore if a limited Route 66 1/1,000th oz commemorative products costs $13 then that is still about half the price of the cheapest 1/1,000th oz collectible coin.

This post was inspired by Rob.

u/Xerzajik — 7 days ago

Dumbledore could've fixed Ron's wand at any time but chose not to.

He probably could've done a lot of other great things with his super wand too. Like you know, defeating Voldemort.

u/Xerzajik — 1 month ago

If you measured these prices in gold then the price of a DisneyWorld ticket actually went down by over 50% over the past 50 years or so.

$3.50 was worth a tenth of an ounce of gold in 1971 (Gold Standard was $35 per ounce of gold).

$189.00 would purchase less than a twentieth of an ounce. If Goldbacks existed it would be like seeing the price go from 50 Goldbacks for the ticket to closer to 20 Goldbacks. Inflation masks the fact that prices on most things go cheaper over time.

u/Xerzajik — 1 month ago

There's a street fair this Saturday in Utah where every business is accepting Goldbacks as payment! Anyone else coming?

There's a business selling Ebikes and another one that is a ski shop.

u/Xerzajik — 1 month ago
▲ 127 r/Goldback

I felt like this belongs here.

What's the premium on these things anyway?

u/Xerzajik — 1 month ago

Saw this gem at the big ANA show today. How much do you guys think it is worth?

This is from Syracuse during the Greek period no?

u/Xerzajik — 2 months ago

Goldback Inc. officially stopped selling the original Utah Goldback series. Here is the new 50 vs. the old one.

Glow up?

u/Xerzajik — 2 months ago

The aftermarket for Goldbacks on Ebay is way bigger than I thought it was!

Over 120 sold listings in the last day or so. It looks like people are getting solid prices too.

u/Xerzajik — 2 months ago
▲ 31 r/Goldback+1 crossposts

There's probably been billions of people like this that would've loved Goldbacks.

It's hard to spend gold bars. Fiat tends to inflate then die.

u/Then_Marionberry_259 — 2 months ago
▲ 16 r/Gold

Since you guys are apparently into melting/burning Goldback videos...

It's true. Goldbacks aren't fireproof.

youtube.com
u/Xerzajik — 2 months ago

This is what color would look like on a Goldback in case anyone was wondering.

I found these two guys underneath a lot of things in my desk. The item on the right is also a gold bill but at first glance it is very difficult to tell that it is gold. That's probably why Goldback never opted to use more color than they do.

u/Xerzajik — 2 months ago

The largest collection of $500 and $1,000 bills assembled and photographed (supposedly)

u/Xerzajik — 2 months ago
▲ 73 r/gaming

I finally got the high score on the Oregon Trail!

My entire party died the first couple of runs. It was extremely fun. (It's free to play online it turns out)

u/Xerzajik — 2 months ago

Wouldn't it just be easier to call Millennials the smartest generation of all time?

u/Xerzajik — 2 months ago
▲ 7 r/Goldback+1 crossposts

My wife treated me to a Jet Ski rental for our anniversary. I asked the guide if he would prefer his tip in cash or in gold and he wanted the gold.

Most people have never been asked this so the question of gold or cash tends to get attention. Also, to all the haters, I genuinely don't want to give gold to people that don't want it, I'd rather give them cash.

u/Then_Marionberry_259 — 2 months ago