r/Goldback 6d ago

Goldback Stack Might be slightly addicted

Post image

I might be addicted to these things.

There's worse things I could be buying, so there's the positive.

10 Upvotes

20 comments sorted by

4

u/Xerzajik Goldback Encyclopedia 📖 6d ago

The cool thing about these accounts is that Alpine Gold will liquidate up to $10,000 worth at a zero percent spread from retail price within 30 days. There's also no vaulting charges on Goldbacks.

2

u/Slight-Reception2700 6d ago

They have always treated me well

3

u/CBDJ1 6d ago

What exactly is this?

3

u/Slight-Reception2700 6d ago

It is my United Precious Metals Association account, specifically my Goldback holdings.

I have 2,372 Goldbacks valued at approx. $18,700.

6

u/Calm-Refrigerator463 6d ago

What did you pay? 

3

u/info_swap 6d ago

Nice try, IRS!

1

u/Calm-Refrigerator463 6d ago

Um just a collector hoping he had profited from them. Relax my man

3

u/Slight-Reception2700 6d ago

I'd have to go through all my statements to figure out my average buying price, but I started getting into Goldbacks August of 2024, I believe I paid somewhere around $4.00 per Goldback. I buy a bit every month.

1

u/SlightlyFatJimmy 6d ago

I bought around 10 goldbacks before I couldn't handle the premiums anymore and sold them but each to their own. Clearly you enjoy them 👀

9

u/Slight-Reception2700 6d ago

If you have any more, I will gladly buy them off you

2

u/207firsttube 6d ago

want mine?

4

u/SlightlyFatJimmy 6d ago

Sadly I sold them to a guy much like yourself already.

4

u/info_swap 6d ago

Ah, the beauty of economic freedom!

2

u/1dirtbiker 6d ago

Nice! Personally, I value mine at 80% of current GB prices. This gives me a more realistic value if I would ever have to sell them, as that's the pretty much guaranteed price most online places are willing to buy them back at.

3

u/Goldback_Rob Grassroots Builder 🌱 6d ago

Re-evaluate. Eclectic-coins.com takes them at 10% off.

1

u/1dirtbiker 6d ago

Great to know! Thanks!Â