Goldbacks Discussion: Spendable gold for the people

agnostic · Postby **agnostic** » Fri Jul 31, 2020

Paging Douglina...oh Douglina are you in the house? Texas goldbacks just waiting
for their time to shine.

Turtle · Postby **Turtle** » Thu Sep 10, 2020

Should goldbacks be listed in numismatic? Ive been putting them in the main gold thread, but I just noticed it says 2x spot should go in numismatic. It seems like a special case however, but I guess its not really bullion.

Tractor Man · Postby **Tractor Man** » Fri Sep 11, 2020

Came across this from Silver Dragons on YouTube.

Postby **DRP270** » Fri Sep 11, 2020

Turtle wrote:Should goldbacks be listed in numismatic? Ive been putting them in the main gold thread, but I just noticed it says 2x spot should go in numismatic. It seems like a special case however, but I guess its not really bullion.

Interesting question. Maybe Paper Notes & Other Currency????

viewtopic.php?f=102&t=6663

agnostic · Postby **agnostic** » Fri Sep 11, 2020

DRP270 wrote:
Turtle wrote:Should goldbacks be listed in numismatic? Ive been putting them in the main gold thread, but I just noticed it says 2x spot should go in numismatic. It seems like a special case however, but I guess its not really bullion.

Interesting question. Maybe Paper Notes & Other Currency????

viewtopic.php?f=102&t=6663

Goldbacks aren’t currency. They aren’t paper either. They are physical gold notes.

shinnosuke · Postby **shinnosuke** » Fri Sep 11, 2020

Goldbacks are more bullion than not.

Turtle · Postby **Turtle** » Sat Sep 12, 2020

agnostic wrote:
DRP270 wrote:
Turtle wrote:Should goldbacks be listed in numismatic? Ive been putting them in the main gold thread, but I just noticed it says 2x spot should go in numismatic. It seems like a special case however, but I guess its not really bullion.

Interesting question. Maybe Paper Notes & Other Currency????

viewtopic.php?f=102&t=6663

Goldbacks aren’t currency. They aren’t paper either. They are physical gold notes.

How are they not currency? Not to mention they are legal tender in Utah.

Turtle · Postby **Turtle** » Thu Apr 15, 2021

Should goldbacks be sold in Gold BST or Numismatic?

agnostic · Postby **agnostic** » Thu Apr 15, 2021

post them where they get the most exposure, and then beg for forgiveness if its not right.

Postby **fredzoyt** » Thu Apr 15, 2021

agnostic wrote:post them where they get the most exposure, and then beg for forgiveness if its not right.

shinnosuke · Postby **shinnosuke** » Thu Apr 15, 2021

I approve this message

Recluse · Postby **Recluse** » Thu Apr 15, 2021

Do they sell for more than 2X spot?

Postby **MaxGravy** » Thu Apr 15, 2021

Recluse wrote:Do they sell for more than 2X spot?

Almost.

They currently sell for $3.74
https://goldback.com

They're 1/1000oz of gold so current melt value is $1.76.

bigjohn · Postby **bigjohn** » Thu Apr 15, 2021

I thought we had a hookup...

Turtle · Postby **Turtle** » Sat Apr 17, 2021

MaxGravy wrote:
Recluse wrote:Do they sell for more than 2X spot?

Almost.

They currently sell for $3.74
https://goldback.com

They're 1/1000oz of gold so current melt value is $1.76.

Depends on where you go. APMEX sells em for over 5 and ebay is even higher

Postby **MaxGravy** » Sat Apr 17, 2021

Turtle wrote:
MaxGravy wrote:
Recluse wrote:Do they sell for more than 2X spot?

Almost.

They currently sell for $3.74
https://goldback.com

They're 1/1000oz of gold so current melt value is $1.76.

Depends on where you go. APMEX sells em for over 5 and ebay is even higher

$3.63 at JMB:
https://www.jmbullion.com/gold/gold-notes/

$3.71 each or $344 for 100:
https://finestknown.com/product-categor ... goldbacks/

iratebob · Postby **iratebob** » Sat Apr 17, 2021

bigjohn wrote:I thought we had a hookup...

Shinnosuke is my dealer

Turtle · Postby **Turtle** » Sat Apr 17, 2021

MaxGravy wrote:
Turtle wrote:
MaxGravy wrote:
Recluse wrote:Do they sell for more than 2X spot?

Almost.

They currently sell for $3.74
https://goldback.com

They're 1/1000oz of gold so current melt value is $1.76.

Depends on where you go. APMEX sells em for over 5 and ebay is even higher

$3.63 at JMB:
https://www.jmbullion.com/gold/gold-notes/

$3.71 each or $344 for 100:
https://finestknown.com/product-categor ... goldbacks/