Vermont

The Green Mountain State’s Golden Heritage

Vermont, the "Green Mountain State," boasts a surprising golden legacy that dates back to the 19th century. Gold was first reported in Somerset in 1845, sparking a mini-rush, and by 1851, discoveries in Plymouth’s Buffalo Brook fueled dreams of a Vermont El Dorado. The Goldback—a voluntary, spendable gold currency—revives this heritage, offering Vermonters a tangible connection to their pioneering past. In a state known for its independent spirit, why not let gold shine as a symbol of resilience and innovation?

Legislative Momentum: Vermont’s Golden Opportunity

Vermont’s legislature is paving the way for gold-friendly policies. In 2023, House Bill 295 (H.295) proposed exempting precious metals from sales tax for transactions over $1,000, gaining traction but not passing. As of February 2025, a revised House Bill 105 (H.105) has passed the House Committee on Ways and Means on February 20, expanding to fully eliminate sales taxes on gold and silver and exploring their use as voluntary tender—awaiting full House approval. These steps position Vermont as a Goldback-ready leader in New England.

Economic Stability and Green Mountain Pride

The Goldback bolsters Vermont’s economy and spirit. Starting at 1/1000th of an ounce, it’s ideal for small purchases—from Burlington’s maple syrup stands to Montpelier’s craft markets. With inflation a concern, its gold backing offers stability, aligning with Vermont’s resourceful nature. Imagine a Goldback series showcasing state icons: Ethan Allen, Lake Champlain, or the Long Trail. These notes would be collectibles, boosting tourism and pride. Businesses adopting Goldbacks could spark trade, making Vermont a golden innovator.

Vermont-Specific Goldback Designs

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

• 1 Goldback (1/1000 oz): Features a prospector panning Buffalo Brook in Plymouth, recalling the 1851 gold discovery that ignited Vermont’s mini-rush.
• 5 Goldback (1/200 oz): Depicts Ethan Allen at Fort Ticonderoga, honoring the Green Mountain Boys’ leader who shaped Vermont’s revolutionary spirit.
• 10 Goldback (1/100 oz): Showcases Lake Champlain’s golden shores, reflecting Vermont’s natural beauty and historical waterway.
• 25 Goldback (1/40 oz): Highlights Robert Frost atop Ripton’s Bread Loaf Mountain, celebrating the poet who found inspiration in Vermont’s hills.
• 50 Goldback (1/20 oz): Pictures the Long Trail winding through golden foliage, embodying Vermont’s pioneering outdoor legacy.

These designs transform the Goldback into a vibrant tribute to Vermont’s history and culture, blending value with Green Mountain pride.

A Golden Call to Lead New England

Utah, Nevada, and others have Goldbacks, but Vermont can lead New England. With H.105 advancing, a gold mining past, and a fierce independent streak, Vermont is ready to pioneer this currency in the region. Let’s urge the House to pass H.105 and launch a Vermont Goldback series. Imagine gold in every hand—from Stowe to Brattleboro—proving the Green Mountain State isn’t just a haven of natural beauty but a golden trailblazer. The time is now.

Rise up. Make Vermont golden.