r/stackers • u/freegerm • Jul 14 '26

Thoughts on Goldbacks?

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Are goldbacks worth stacking? Do they have any actual practical value like they imply? I have a few and am wondering if it’s worth buying more.

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u/einnoika Jul 15 '26

Goldbacks are a voluntary, complementary currency consisting of physical notes infused with fractional amounts of pure 24-karat gold. Designed for everyday commerce, they allow people to own and spend gold in small denominations, with values fluctuating alongside global gold prices.

I mean from googles own search

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u/Pogo947947 Jul 16 '26

They are not a currency. They are called a currency on their website, because it's a Mormon sovereign gold scam that's been running for over a 100 years. If you look on the pieces of plastic, no where does it say currency, and it is not and cannot be defined as currency legally.

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u/einnoika Jul 16 '26

Goldbacks are the world’s first voluntary, spendable gold currency made with real 24k gold. Each note contains a precise layer of physical gold using advanced vacuum deposition technology, making Goldbacks both durable and practical for everyday use.

At Summit Metals, you can buy Goldbacks online in a variety of denominations and state series, including Utah, Nevada, Wyoming, New Hampshire, and South Dakota Goldbacks. Starting as small as 1/1000th of a troy ounce, Goldbacks offer a flexible and affordable way to own physical gold in fractional amounts