What are Goldbacks?

What Is a Goldback?

A Goldback is a physical note made with real 24-karat gold, precisely layered into a durable, polymer-based note. Instead of locking gold away in a bar or coin you rarely touch, a Goldback is built to be used — spent, saved, gifted, or collected, the same way you'd handle cash, except every note carries a fixed, measurable amount of gold.

Denominations run from small fractions of an ounce up to a full ounce, so you can start a collection or make a purchase at whatever scale makes sense for you. Each note is also protected by several anti-counterfeiting measures, including serial numbers, intricate artwork, and a raised, reversed image on the back.

Goldbacks come in a range of denominations, each layered with real 24K gold.

Goldbacks are issued as a local currency across a growing number of U.S. states.

Why Use Goldbacks?

Goldbacks combine the durability of precious metal with the practicality of everyday currency. A few reasons collectors and buyers choose them:

• Real 24K gold content: Every note is backed by actual gold, giving it a value that tends to hold up against inflation rather than erode with it.
• Built-in anti-counterfeiting: Serial numbers, detailed artwork, and a raised, reversed image on the back make each note difficult to replicate and easy to verify.
• Regional, collectible artwork: Each state's series features artwork inspired by its own culture, history, and natural beauty.
• Genuinely spendable: Unlike a bar or bullion coin, Goldbacks are sized to be used in everyday transactions with participating businesses, not just stored away.

Live Goldback Price

Goldback values move with the price of gold and are updated regularly. Here's the current rate, pulled live:

Price updates automatically and may differ slightly from in-store pricing at the time of your visit.

See Them in Person

Reading about Goldbacks is one thing — holding one is another. Stop by Chewie's Coins and Collectibles in Savage, MN to see the denominations and series we have in stock, or browse our current selection online.