WebIt currently costs about $1100 USD to convert one ounce of gold into 1000 separate bills, and that manufacturing process adds real value to the product in my opinion. Therefore the exchange rate would be 1 goldback = (spot price of gold + $1100)/1000, or 1 goldback ~ $2.60 USD at today's rates. WebNov 9, 2024 · Using Goldbacks as a currency is the intent of the Goldback. When it comes to spending Goldbacks about 50% of small businesses will accept them when you are …
What Are Goldbacks? Are They Legal Tender? - Benzinga
WebThe makers of Goldbacks designed a genuine leather wallet to carry every denomination of Goldback without bending them. The wallet has other slots for credit cards, gift cards, and personal ID in addition to two side pockets large enough to carry checks or other bills. Opportunities to spend/circulate Goldbacks arise all of the time! WebYou can set the card to reload to a specific amount that you pre-determine. After you spend down during the month, the card is automatically brought up to that set limit near the first business day of the next month. Once this is set up it occurs automatically. Of course you can cancel this at any time or change the reload amount any time. small victory yaletown
How to Order Goldbacks — United Precious Metals …
WebUsing Goldbacks protects your privacy and your financial security; all while supporting the local economy and businesses that share your values. WHERE DO i USE GOLDBACKS? All of our members accept and use Goldbacks. You can use them to pay for goods and services like any other method of payment. WebWhether it be getting off the grid, using GoldBacks to buy our food, or gardening during the winter, we have set out to be completely self-sufficient for whatever is thrown our way and we’re happy to help others. Name * Email * Message * WebThe design of the Nevada Goldbacks is such that it is actually feasible to spend your gold. The largest weight available offers 1/20 Troy oz of gold, while the smallest offers a scant 1/1000 Troy oz of gold. ... Like the Utah Goldbacks, the Nevada Goldbacks have distinctive designs for each of the weights available that include: 50 Nevada ... small victory quotes