r/Goldback

Image 1 — Traded some goldbacks for some silver!!!
Image 2 — Traded some goldbacks for some silver!!!
▲ 49 r/Goldback+1 crossposts

Traded some goldbacks for some silver!!!

Went to somebody that was on the goldback map and they were a precious metal vendor here in town for me, so decided to trade out 4 1/2 goldbacks for this cool Luxor Casino token that is a little bit over a half an ounce. I am extremely satisfied to use goldbacks as currency , and I’m excited to not only collect more goldbacks but also possibly use them like this in the future!

u/Sevenpointleaf69420 — 1 day ago

Do you ever just take em out to breathe?

Currently handling and counting the collection so far and just admiring the shiny! Can’t wait to get even more.

u/Sevenpointleaf69420 — 2 days ago
▲ 26 r/Goldback+2 crossposts

My Cup Runneth Over

The age where Gold and Silver as money for barter and trades are in us. Rejoice my friends.

u/Then_Marionberry_259 — 3 days ago
▲ 9 r/Goldback+1 crossposts

Goldbacks & Counter-Economics

So a decent definition I found is:

"Counter-economics is the practice of conducting voluntary economic activity outside the control, taxation, and regulation of the state."

I think goldbacks (& Au, Ag, Pt in geberal) are basically perfect for this philosophy on money and the state.

I'm really curious what you guys think. Because obviously, if you're on this subreddit, you might have some views leaning towards Agorism or something yo that effect.

Basically, just really curious how many people have a similar philosophy.

or think that goldbacks, if they became popular enough, would really help create a parallel economy, which would undermine the state?

Luv u <3

u/Then_Marionberry_259 — 3 days ago

Hi guys

Hi guys. I am goldback mania in korea. I love gold backs. Thanks.l

u/yjsjin — 4 days ago
▲ 2 r/Goldback+2 crossposts

This shows all the haters that there is real demand.

Who would produce these if they were losing money? Share with anyone suspicious that there actual people buying these.

u/Goldback_Rob — 4 days ago
▲ 100 r/Goldback+1 crossposts

Trying to sell

I have these bad boys that I purchased back in 2022.
I ordered 50 Utah and 50 Nevada, but now I have 47 and 48 because I gave away 5 of them.

I want 800 for all 95 of them, since the prices is better than all brokers, plus no tax or shipping if I end up finding a buyer in my area.

Now, Realistically speaking, how delusional is that, and where can I get the most bang for my “bucks”? The price on the Goldback website sits at 8.78 today, and Money metals pays me somewhere around 5ish per 1 if I sell back to them (no bueno).

I tried contacting businesses from the Goldback network to try and sell them to them, or at least try to use them in their shops, but out of the 6 businesses I contacted in my area, I received 0 replies (no phone calls, no emails).

I love the Goldback concept, I bought these when I had some extra cash, but I am going through something now and holding to these is just making me sit on interests on other stuff.

I AM NOT TRYING TO SELL ANYTHING HERE, I AM ASKING FOR DIRECTIONS, RESOURCES OR OPTIONS BETTER THAN SELLING BACK TO THE BROKERS. Thank you mods

u/Then_Marionberry_259 — 5 days 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 — 6 days ago

Other “Goldbacks”

Does anyone know anything about the EBay listings of 500,000 Vietnamese Dong “Goldbacks”. They say they are 1/20 Troy ounce (but the don’t say gold on the item.

reddit.com
u/Low_Ideal_5328 — 9 days ago

Too bad I'm not in Utah, but the Golden Days Market thing sounds like it'll be pretty cool

u/ColeWest256 — 7 days ago

My First Goldbacks 😁

These are my first goldbacks. I look forward to collecting more & educating myself on precious metals.

u/mr430aoncrypto — 9 days ago
▲ 35 r/Goldback+1 crossposts

The Utah 10 stands out from the rest of the new Utah series. I think it's my favorite so far.

I've been looking at this one for like twenty minutes now. It looks like the theme is time and eternity. There's an hourglass in the bottom right and under the UV light the dinosaur gets comes back to life. The theme is surprisingly deep and unexpected.

It works for Utah because they have dinosaur national monument. I hope we see more pieces like this in the future.

u/AdditionalPizza7990 — 10 days 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 — 11 days ago
▲ 6 r/Goldback+1 crossposts

Why isn't there a Silver equivalent to Goldback? Could a Silverback currency work?

There kinda is. Silver coins made before 1965 were made of 90% silver and a lot of dealers sell them by the face value as opposed to placing an individual value on each coin. There are still some businesses out there that will even price things in pre-1965 silver if people want to use it.

The cost of making these coins was born by another generation. During some years of these coins circulated for over 300% above their melt value. Now you can easily buy them close to just the melt value since there are so many around still.

If a new company were to want to make a silver round designed for circulation, they'd have to compete against the pricing of all of the coins that are already out there. A new system with new costs would simply be noncompetitive in pricing.

That said, it would be super cool if Goldback figured out how to make Silverback as a currency system work. What do you guys think?

u/AdditionalPizza7990 — 14 days ago