Goldback has announced the expansion of their wildly popular currency to include a sixth state series. After producing unique bills for their five denominations for Utah, Nevada, New Hampshire, Wyoming, and South Dakota, the precious metals manufacturer is adding a Florida series. With 22 million residents, it’s the third most populous state and by far the largest state in their inventory.
As we’ve described in prior articles, Goldbacks are an innovative new form of money that combines the ancient and stable value of real gold with modern technology. The 24k gold is deposited one atom at a time into a polymer template and then sealed to keep it protected and durable. The Goldback unit is one 1/1000th of a troy ounce of gold, and has increased in value from around $3 in 2019 to around $5 in 2024. Using that unit as the primary measure, each state series also includes a five, ten, 25, and 50 Goldback bill, with each containing that amount of gold. The 50 GB is taller, wider, and much thicker than the One, containing a full 1/20th of a troy ounce of Gold and costing 50 times the amount of the One.
For years, Goldback users have been asking for a half-Goldback bill, which would be worth around $2.50, for smaller purchases. The company has been working diligently on making that happen, but has told customers many times that producing such a small bill would be impossible, or at least economically unfeasible. Only containing a 2,000th of an ounce of gold, the bill would end up being nearly transparent or as small as a business card, making it less than practical and awkward to use as money. But they have finally done it and have included it in the 2025 Florida series.
While they were adding denominations, Goldback has also added a Two to fill in some gaps and a 100 to be used for huge purchases of around $500.
Each state series features beautiful, unique artwork related to the state’s history and traditions.
The Goldbacks include numerous complicated anti-counterfeit features within them.
The design of the actual Goldbacks has continued to improve, and the 2025 Florida series will have the denomination clearly written on the bottom, a clear measurement of the gold content, and a large number in the top left. This makes it easier than ever before to identify the value of the Goldback at a glance, much like we’ve grown accustomed to with Dollar bills.
The Florida Goldbacks are available for pre-sale from online retailers and will ship in January.
As the company explains in their press release, “the 1/2 Goldback is designed for everyday purchases like a cup of coffee, a small snack, or a quick errand. This denomination ensures smoother transactions and makes it easier to provide exact change when using Goldbacks.”
The company also unveiled the currency symbol for the Goldback, which will eventually take its rightful place in the world of established currencies.
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