Tennessee

The Volunteer State’s Golden Heritage

Tennessee, the "Volunteer State," boasts a golden legacy rooted in its rugged terrain. Gold was discovered in Coker Creek in Monroe County in the 1820s, sparking a mini-rush that drew prospectors to the Cherokee lands of East Tennessee. Though overshadowed by later Western booms, placer gold still glints in Tennessee’s rivers today, whispering of untapped potential. The Goldback—a voluntary, spendable gold currency—revives this heritage, offering Tennesseans a tangible connection to their pioneering past. Why not let Tennessee shine with gold once more?

Legislative Momentum: Tennessee’s Golden Gateway

Tennessee is a likely next Goldback candidate as Tennessee is the 11th best state in the 2024 Sound Money Index and all 6 current Goldback states are in the top 12 Sound Money Index. Tennessee’s legislature is paving the way for gold transactions. In 2016, the state eliminated sales tax on precious metals via Public Chapter 815, easing gold use. In 2025, House Bill 1875 (HB 1875)—the Tennessee Sound Money Act—passed the House Finance, Ways and Means Committee on February 18, recognizing gold and silver as legal tender and exploring a state bullion depository, awaiting full House approval as of February 26, 2025. These steps make Tennessee a Goldback-ready leader in the Southeast.

Economic Resilience and Volunteer Pride

The Goldback fortifies Tennessee’s economy and spirit. Starting at 1/1000th of an ounce, it’s perfect for small purchases—from Nashville’s hot chicken stands to Chattanooga’s craft markets. With inflation a concern, its gold backing offers stability, reflecting Tennessee’s steadfast volunteer ethos. Imagine a Goldback series showcasing state icons: the Grand Ole Opry, Dolly Parton, or Cades Cove. These notes would be collectibles, boosting tourism and pride. Businesses adopting Goldbacks could draw sound-money fans, enhancing local trade. This is Tennessee’s golden opportunity.

Tennessee-Specific Goldback Designs

Here’s how Tennessee’s Goldback denominations could honor its significant people and places:

• 1 Goldback (1/1000 oz): Features a prospector panning at Coker Creek, celebrating the 1820s gold discovery that sparked Tennessee’s early rush.
• 5 Goldback (1/200 oz): Depicts Andrew Jackson at The Hermitage, honoring Tennessee’s fiery president who shaped the nation.
• 10 Goldback (1/100 oz): Showcases the Grand Ole Opry stage, reflecting Nashville’s iconic music heritage.
• 25 Goldback (1/40 oz): Highlights Dolly Parton in Sevierville, celebrating the beloved singer and philanthropist born in Tennessee’s hills.
• 50 Goldback (1/20 oz): Pictures Cades Cove in golden mist, embodying the Smoky Mountains’ timeless beauty.

These designs transform the Goldback into a vibrant tribute to Tennessee’s history and culture, blending value with Volunteer State pride.

A Golden Call to Lead the Southeast

Utah, Nevada, and others have Goldbacks, but Tennessee can lead the Southeast. With HB 1875 advancing, a gold prospecting past, and a legacy of grit, Tennessee is poised to pioneer this currency in the region. Let’s urge the House to pass HB 1875 and launch a Tennessee Goldback series. Imagine gold in every hand—from Memphis to Knoxville—proving the Volunteer State isn’t just a musical haven but a golden innovator. The time is now.

Rise up. Make Tennessee golden.