Small Denomination Gold Certificates for Everyday Use
It may seem out of place for a plumbing supply website to trade in gold currency. However, at PlumbersStock.com, we see Goldback gold certificates as a potential hedge against modern-day monetary and banking systems insecurity. We believe in the value of gold currency so much that we now accept payment in Goldbacks.
Acceptance is available at all of our sister company’s brick-and-mortar locations in Utah and Nevada. Online purchases are a little more complicated for paying with gold currency (contact our Customer Service team to pay with Goldbacks). However, buying Goldbacks here is easy.
So, Exactly What Are Goldbacks?
Goldback notes are gold-minted bills that look a lot like traditional cash, conveniently minted in small-denomination notes to enable daily utility. Their design ensures a clear baseline value because they are made with actual gold! Most modern transactions are digital nowadays; some are even high-tech-digital, like cryptocurrencies (which we also accept now). Digital payments dominate the modern financial world. Yet gold is still relevant everywhere on earth because gold is timeless. Throughout human history, gold has been revered as a store of value and a symbol of wealth. With the introduction of the Goldback currency, gold plays a relevant new role in the modern world. These minted gold bills combine the intrinsic value of gold with the convenience of paper money. This offering makes for a unique and tangible alternative for secure transactions.
“Goldbacks are not a promise to pay in gold. They are the gold!” — Benjamin Shaffer, Merchant Services, Goldback Inc.
Where Are Goldback Notes Used?
As of this month (May 2023), Goldback has minted five bill denominations for four different states:
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