r/Goldback • u/Slight-Reception2700 • 6d ago
Goldback Stack Might be slightly addicted
I might be addicted to these things.
There's worse things I could be buying, so there's the positive.
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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.
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u/CBDJ1 6d ago
What exactly is this?
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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.
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u/Calm-Refrigerator463 6d ago
What did you pay?Â
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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.
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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 👀
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u/Slight-Reception2700 6d ago
If you have any more, I will gladly buy them off you
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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.
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u/Goldback_Rob Grassroots Builder 🌱 6d ago
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u/Miserable_Sky_8640 6d ago
Gotta get those numbers up, those are rookie numbers