Goldbacks

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Goldbacks are collectible notes made with actual gold. A single Goldback contains 1/100th troy ounce of genuine gold bullion, with the largest denomination, the 100 Goldback, containing 1/10th troy ounce of gold. Goldbacks function as a form of voluntary currency and can be used to purchase goods and services at participating businesses across the United States. 

Each series of Goldbacks features artwork celebrating one U.S. state. To date, eight states have received their own Goldback collections:

• Utah
• Nevada
• New Hampshire
• Wyoming
• South Dakota
• Florida
• Oklahoma
• Arizona

Goldbacks function threefold as an investment, collectible, and a means of using fungible gold to conduct everyday transactions. Take advantage of industry-leading prices, fast shipping, and free shipping on qualifying orders when you shop Hero Bullion’s full inventory of Goldback notes from all eight collections.

All Goldback Series

The first Goldback series to be released was the Utah collection, which began in 2019. Today, a total of eight states have been commemorated with their own Goldback series. States featured on Goldbacks include:

• Utah Goldbacks. Utah was the first state to get its own Goldback series, which premiered in 2019. The Utah collection features 1, 5, 10, 25, and 50 Goldback denominations. Artwork on the Utah Goldback notes depicts feminine personifications of core virtues and imagery that invokes Utah’s natural beauty and scenery.
• Nevada Goldbacks. The Nevada Goldback series was released in 2020 and was the second Goldback collection created. Denominations in the Nevada Goldback collection include 1, 5, 10, 25, and 50, and artwork on the notes celebrates key virtues while paying homage to Nevada’s culture and environment.
• New Hampshire Goldbacks. New Hampshire Goldbacks went on sale in 2021, making it the third series of Goldbacks released. Like previous collections, the New Hampshire Goldback series features 1, 5, 10, 25, and 50 denominations and designs that celebrate both New Hampshire’s culture/beauty and the cardinal virtues.
• Wyoming Goldbacks. Wyoming was the fourth Goldback series, premiering in 2022. The Wyoming collection includes the standard denomination of 1, 5, 10, 25, and 50 Goldbacks, and designs on these notes celebrate Wyoming’s natural beauty, as well as feminine personifications of core virtues associated with the state.
• South Dakota Goldbacks. South Dakota was the final of the original five Goldback series. South Dakota Goldbacks were released in 2023. The series featured 1, 5, 10, 25, and 50 Goldback denominations and artwork that celebrated South Dakota’s rugged landscape, as well as the cardinal virtues.
• Florida Goldbacks. The Florida Goldback series was released in 2025 and featured three new denominations, the ½, 2, and 100 Goldback. Like the other collections, the Florida Goldback series featured imagery based on the cardinal virtues, as well as Florida’s natural landscape and culture.
• Oklahoma Goldbacks. Oklahoma Goldbacks became available for sale in 2025. The collection features imagery that celebrates Oklahoma’s natural landscape while paying homage to the core values and culture that makes the state unique. The Oklahoma Goldback series also included a special, limited edition denomination, the 3 Goldback. Regular issue denominations included ½, 1, 2, 5, 10, 25, 50, and 100 Goldbacks. 
• Arizona Goldbacks. The newest Goldback series, the Arizona Goldback collection, is set to premier in late-2025. Like other releases in the Goldback family, Arizona Goldbacks are set to feature imagery that celebrates the cardinal virtues and natural landscape/culture associated with the state. 

Shop Hero Bullion for competitively priced Goldbacks from Utah, Nevada, New Hampshire, Wyoming, South Dakota, Florida, Oklahoma, and the all-new Arizona Goldback series.

Goldback Denominations | How Much Gold is in a Goldback?

Goldback notes are fungible, which means that a 100 Goldback contains the same amount of gold as a hundred 1 Goldbacks. Goldback, Inc., the company behind Goldbacks, introduced a new set of denominations with the Florida series. 

Available Goldback denominations and their gold compositions include:

• ½ Goldback – 1/2000th troy oz gold.
• 1 Goldback – 1/1000th troy oz gold.
• 2 Goldback – 1/500th troy oz of gold.
• 3 Goldback (Limited Early Release) – 3/1000th troy oz gold.
• 5 Goldback – 1/200th troy oz gold.
• 10 Goldback – 1/100th troy oz gold.
• 25 Goldback – 1/40th troy oz gold.
• 50 Goldback – 1/20th troy oz gold.
• 100 Goldback – 1/10th troy oz gold.

Frequently Asked Questions About Goldbacks

Goldbacks are collectible gold notes that function as an alternative, voluntary currency in many parts of the United States. A single Goldback contains 1/1000th troy ounce of genuine gold, and Goldback denominations range from 1-100. 

Below, find the answers to commonly asked questions we receive about buying, selling, and trading Goldbacks.

Q: What is a Goldback?

A: A Goldback is a voluntary currency note made with actual gold. Goldbacks are not legal tender, but they’re accepted as payment for goods and services at certain participating businesses throughout the United States. Goldbacks are fungible and range from 1/2-100 in denomination, with the 1 Goldback containing 1/1000th troy oz of gold and the 100 Goldback containing 1/10th troy oz of gold. 

Q: How Much Gold is in a Goldback?

A: A single Goldback contains 1/1000th troy ounce of pure gold. Goldbacks are fungible, so a 100 Goldback note contains the same amount of gold as one-hundred 1 Goldback notes. The gold content of a Goldback depends on its denomination.

Q: How Do You Use Goldbacks?

A: The easiest way to use your Goldbacks is to find a participating business. Goldback, Inc. maintains a list of businesses across the United States who accept Goldback as payment for their goods and services. You can also offer to pay non-participating businesses or contractors with Goldbacks. Since Goldbacks are not legal tender, no business is obligated to accept them as payment. 

Q: Are Goldbacks Expensive?

A: Because the smallest Goldback denomination contains only 1/2000th troy ounce of actual gold, Goldbacks are affordable to begin collecting. While some investors balk at the high premiums over melt value associated with Goldbacks, these notes are valued for their artwork and collectible value, in addition to their pure gold content.

Q: Are Goldbacks Real Money

A: Goldbacks are not considered legal tender in the United States, but they can be exchanged for goods and services at hundreds of participating businesses throughout the country. Acceptance of Goldbacks is entirely voluntary, although some Goldback customers report successfully exchanging them for services with contractors, babysitters, and more!