Goldback Sales/Info

What is a Goldback?

"Greenback" has been a slang for a U.S. dollar, since the Civil War. In 1861, the government first started printing a currency with green color on the back. As a currency, it was not backed by any precious metal. There were times when dollars were backed by gold or silver, but those days are long past. Since 2019, we have pliable-flat money that has gold color on the back. The color doesn't come from ink but real 24K gold. History has made a full cycle, we now have sound money backed by gold. Hence, the name "Goldback".

The Goldback® is an ingenious type of 24K GOLD note used in place of fiat currency. Unlike the dollar, this note is literally backed by precious metal. The gold is not a simply gold foil pressed against a bill but uses a micro-printing vacuum deposited gold. The note is then covered by a super durable polymer. Currently, 5 states have Goldbacks as specie legal tender instruments. These are the finest known examples of using Gold as small denomination money.

Note: To avoid the confusion of these with other monetary instruments, use the trademark term of 'Goldback' or 'Goldbacks' rather than "gold back", "gold backs" or "gold backed".

Can Goldbacks be counterfeited?

There isn’t a single case of counterfeited Goldback because of the following reasons:

  • The notes are printed with a patented gold printing process, which would cost millions of dollars to recreate the equipment before even producing one counterfeit. Each state series note has a unique and intricate gold design that is very difficult to reproduce.
  • Each note has a unique serial number with no two notes having the same number. There is still privacy with the serial number as shipments of Goldbacks are sent in with the serial numbers in random order. The Goldbacks are not sent in sequential order to reduce the possibility of being traced.
  • There are other security measures incorporated into the notes that Goldback keeps proprietary and have not been revealed publicly.
Besides for collecting Goldbacks, what can you do with them?
  • Use them as an educational tool to explain how REAL money is supposed to work by being backed by a precious metal.
  • Where legal, you can spend or barter with them. It has been found that if you can speak with the store owner and explain the value of Goldbacks about half of the stores will accept them. These stores have specifically registered their acceptance of Goldbacks in Nevada, New Hampshire, South Dakota, Utah and Wyoming.
  • Earn interest by depositing your Goldbacks into their special bank that pays 2% or more annually in Goldbacks.
  • They are guaranteed to exchange 1000 for a 1 Oz Gold Eagle or Buffalo.
How many Goldbacks have been minted?

Goldback created some charts for the first two years of mintage. The charts are misleading about the quantity. If you compare the 1s with the 50s, it appears that there are more 50s minted than 1s. The chart shows the quantity times the denomination. For example, the 2019 50 shows 130,350, but the quantity is 130,350/50 = 2607. The following table shows the quantity for each denomination and the total values of the quantities times the denominations.

After 2020, there is no known source of production by state. The home page of Goldback provides a chart of total mintage by quarter in which we use to produce our tables of mintage.

Total Goldback (GB) Mintage of ≈32.8 Million as of Mar. 5th 2025

Year/State 1/2 1 2 5 10 25 50 100 Total Value in GBs
2019 Utah N/A 90,546 N/A 24,697 9,537 3,831 2,607 N/A 535,526
2020 Nevada N/A 138,400 N/A 19,450 9,800 5,680 3,240 N/A 637,650
2020 New Hampshire N/A 48,060 N/A 6,400 3,230 1,930 960 N/A 208,610
2020 Utah N/A 171,303 N/A 19,400 13,045 6,590 5,242 N/A 825,603
2020 Totals N/A 357,763 N/A 45,250 26,075 14,200 9,442 N/A 1,671,863
2021 Nevada N/A 344,486 N/A 44,472 18,255 9,518 4,031 N/A 1,188,896
2021 New Hampshire N/A 306,327 N/A 38,818 17,917 9,601 6,540 N/A 1,246,612
2021 Utah N/A 446,324 N/A 53,756 18,548 10,198 5,027 N/A 1,406,884
2021 Totals N/A 1,097,137 N/A 137,046 54,720 29,317 15,598 N/A 3,842,392
2022 Nevada N/A 493,502 N/A 57,868 27,241 9,209 9,168 N/A 1,743,877
2022 New Hampshire N/A 333,747 N/A 23,218 14,417 7,387 10,331 N/A 1,295,232
2022 Utah N/A 655,228 N/A 83,098 36,502 14,621 12,966 N/A 2,449,563
2022 Wyoming Alpha N/A 32,000 N/A 6,400 3,200 1,280 1,280 N/A 192,000
2022 Wyoming N/A 424,966 N/A 52,151 22,527 10,449 6,318 N/A 1,488,116
2022 Totals N/A 1,939,443 N/A 222,735 103,887 42,946 40,063 N/A 7,168,788
2023 Nevada N/A 442,131 N/A 69,665 36,280 9,928 10,328 N/A 1,917,856
2023 New Hampshire N/A 333,747 N/A 23,218 14,417 7,387 10,331 N/A 1,295,232
2023 South Dakota Alpha N/A 17,296 N/A >1200* >1200* >1200* >1200* N/A >125,296*
2023 South Dakota N/A 377,981 N/A 56,737 25,363 14,024 10,321 N/A 1,781,946
2023 Utah N/A 372,410 N/A 74,501 32,476 14,297 12,160 N/A 2,035,100
2023 Wyoming N/A 455,847 N/A 126,570 48,226 20,229 16,320 N/A 2,892,682
2023 Totals N/A 1,999,412 N/A >351,891* >157,962* >67,065* >60,660* N/A >10,048,112*
2024 Nevada N/A 304,000 N/A 19,200 8,000 5,760 2,240 N/A 736,000
2024 New Hampshire N/A 208,000 N/A 19,200 11,200 3,200 2,560 N/A 624,000
2024 South Dakota N/A 576,000 N/A 60,800 33,600 16,000 10,560 N/A 2,144,000
2024 Utah N/A 464,000 N/A 44,800 20,800 8,960 6,400 N/A 1,440,000
2024 Wyoming N/A 352,000 N/A 19,200 12,800 7,680 5,120 N/A 1,024,000
2024 Totals N/A 1,904,000 N/A 163,200 86,400 41,600 26,880 N/A 5,968,000
2025 Florida Early Release N/A 8000 N/A N/A N/A N/A N/A N/A 8000
2025 Florida Alpha 640,000 400,000 112,000 41,600 17,600 15,360 3,840 2,300 2,134,000

* 1200 South Dakota Alpha PMG graded sets were produced with an unknown quantity of others minted

Which state will be next for Goldbacks?

Florida is the latest Goldback state

Read the history of Florida becoming a Goldback state and order Goldbacks to be the first to get these Florida gold notes.

Arizona and Oklahoma are the Next Goldback States

On March 20th 2025, Goldback announced that Arizona and Oklahoma will be the next Goldback states. More details will be forthcoming.

Alaska and Arkansas are the most likely next Goldback states for the following reasons:

  • Arkansas borders Florida with existing Goldbacks and 4 of the 6 existing Goldback states are adjacent to each other. In 2024, Arkansas dramatically moved forward in the Sound Money Index to 5th place.
  • Alaska and Arkansas are both in the top 12 states in the 2024 Sound Money Index and all existing Goldback states are in the top 12.

Texas, Nebraska, Alabama and Louisiana are the next likey group of Goldback candidates as they round out the 2025 top 12 best states in the Sound Money Index. In 2024, Arkansas dramatically moved forward in the Sound Money Index to 5th place.

With the Sponsor a New Goldback® Series, any State or locality within the world can have the next Goldbacks, but it will require an upfront lease of over 100 thousand of Goldbacks. The sponsor does have the advantage of approving the artwork, though.

Goldback Videos
Michael Piccioni interviews Jeremy Cordon -
  • Jeremy shows an online map of 100s of businesses in Utah accepting Goldbacks.
  • He was initially concerned that businesses would find it difficult to convert their received Goldbacks back into dollars, but found that only 1 percent want to get back into fiat currency. Instead, the businesses reuse the Goldbacks.
  • Jeremy explains the prolific counterfeiting of small 1 gram gold bars.
  • They discuss the demographics of Goldback users as being in their 30s and younger whereas the people going to coin shows are over 50.
  • They discuss the use of silver and bitcoin.
  • Each year the sales of Goldbacks doubles.
Watch the extraction and measurement of the gold in a Goldback -
  • Lengthy video showing the complicated steps to separate the gold from 10 Goldback 50s
  • The assay matched Goldback's claim of a total of 0.5 Oz

Defy the grid and buy today from our large selection of Goldbacks from 2019 to 2025 and be prepared before your dollar loses even more purchasing power.