Gold You Can Actually Spend
A 10 Florida Goldback holds one hundredth of an ounce of 24 karat gold, sealed inside a polymer note the size of paper currency. It folds, stacks and passes hand to hand without shedding any metal, which is the point of the format: gold in an amount far too small to strike as a coin, in a shape you can spend. Each single Goldback carries 1/1000 of an ounce, so the 10 is ten of those in one note.
The Florida 10 and Flagler’s Ocean Railroad
The artwork on the 10 is set in Florida’s 1920s boom era. A woman in a flapper dress leans from the doorway of a moving railcar out over the sea, gulls overhead and dolphins arcing through the waves beside the track, with a bridge marked FLAGLER behind her. That is Henry Flagler’s Overseas Railroad, the line that ran on trestles across open water to reach Key West in 1912. The motto reads “Innovative ideas build futures”, and this denomination carries the Florida series theme of innovation. The reverse repeats the scene as a mirrored negative print.
Why It Costs More Than Its Gold
Say it plainly: a Goldback sells for well above the melt value of the gold inside it. You are paying for the process and the artwork, not just the metal, plus the network of merchants that accept Goldbacks as currency. Sealing a measured layer of gold into a durable, spendable note costs far more per ounce than pouring a bar. Nobody buys a Goldback to get the cheapest gold in the room, and it is not sold as that.
How the Gold Gets Into the Note
The gold is real and it is vacuum deposited in a continuous layer between sheets of polymer, a process branded Aurum. It is not ink and not plating on the surface, it is atomized 24 karat gold sealed inside the material, which is why the note can flex and crease without losing content. The polymer resists tearing and moisture, and every note carries a serial number and the printed terms under which Goldback, Inc. will exchange it.
Specifications
The note is a 10 Goldback denomination in the Florida series, holding 1/100 troy ounce of 24 karat gold, and it ships new. Print years vary, so the date is listed as various rather than a single year. The exact note dimensions, the substrate and the current exchange terms are on the Specifications tab, and those should be read there rather than off another listing.
10 Florida Goldback FAQ
How much gold is in a 10 Florida Goldback?
One hundredth of a troy ounce of 24 karat gold, which is ten single Goldbacks combined into one note. A 1 Goldback holds 1/1000 of an ounce, and the denominations scale up from there.
Why does it cost so much more than 1/100 oz of gold?
Because the price covers manufacturing and utility, not metal alone. Sealing a precise layer of gold into a note that can be spent is expensive per ounce, and part of what you buy is the artwork and the merchant network that treats Goldbacks as money. The premium over melt is large and it is not hidden.
Can I actually spend it?
Yes, with participating businesses that accept Goldbacks as voluntary local currency. It is not legal tender and no one is required to take it, so acceptance depends on the merchant. Goldback, Inc. publishes an exchange rate that those businesses price against.
Is the gold real, and can I get it out?
The gold is real 24 karat, vacuum deposited inside the polymer rather than printed on it. In practice you cannot recover it at home, since it sits spread through the note in a thin layer. A Goldback is held for the format and the art, not to be melted.
Is the 10 Florida Goldback IRA eligible?
No. Goldbacks are not an IRA-approved form of gold, since a retirement account takes specific coins and bars rather than currency notes, and the premium over melt rules them out anyway. This is spendable and collectible gold, not a retirement holding.
Stacking the Florida set or starting one? The rest of the sit together in one place.
Put a hundredth of an ounce in your pocket. Add the 10 Florida Goldback to your cart.