How To Store Goldbacks
At a Glance:
-
- Most people store their Goldbacks in special Goldback Wallets.
- Goldbacks can also be stored in your safe or normal metals storage box.
- On this page, learn more about how to safely and securely store Goldbacks.
How To Store Goldbacks | Storing Your Goldbacks Safely (and in Style!)
Goldbacks are a family of alternative currencies made using actual gold. Each single Goldback contains 1/1000th troy ounce of genuine gold bullion. 2025 was a major year for Goldbacks and saw the release of the Florida series, which featured three new denominations of Goldbacks for collectors to enjoy. In March of 2025, Goldback, Inc. announced two new forthcoming Goldback series. The new collections will celebrate Oklahoma and Arizona and are expected to release either in 2025 or 2026.
Whether you’re a new buyer or a seasoned Goldback collector, you may wonder how to store Goldbacks. The good news is that Goldbacks can be stored just like you’d store any other type of gold. If you have a safe for your gold and silver bullion, Goldbacks will fit right into your normal storage practices. Since the smallest Goldback denominations are only worth a few dollars, you may not need to put them in a safe at all.
But if you really want to store your Goldbacks in style, consider investing in a Goldback wallet. Available in several colors, Goldback wallets are specially designed to store and preserve your Goldbacks. After all, the purpose behind a currency is for it to be spendable, and it’s tough to spend gold that’s sitting in your safe!
On this page, we’ll cover everything investors need to know about how to store Goldbacks.
Goldback Storage Options
The best way to store your Goldbacks depends on your personal preferences, budget, and the size of your Goldback collection. Your collection’s value and size is the most important consideration to help you decide how to store them, since low denomination Goldbacks are not particularly valuable. A 1 Goldback note is currently worth just over $6, according to the Goldback, Inc. Exchange Rate. If you only have a few 1 Goldback notes, it may make sense to keep them in a small lockbox – or even just in a drawer.
Larger Goldback denominations can be quite valuable due to their gold content, so these notes may require a bit more security if you plan to store them at home. Especially large Goldback collections should be kept in a safe, especially if you intend to keep them as investments rather than spendable currency units.
But if you plan on using Goldbacks as a form of currency, nothing beats a specially designed Goldback wallet. These wallets are designed to hold your Goldbacks without folding them so that you’ll never find wrinkles or crinkles on your beautiful golden notes. For Goldback aficionados who like to show off their Goldbacks, there’s no better option for storage than an official Goldback wallet.
Below, we’ll take a look at three popular options for how to store Goldbacks:
- Easy Storage For Small Denominations
- Using a Safe For Large Goldback Collections
- Goldback Wallets For Stylish Storage
Small Denominations – Your Choice!
While Goldbacks are made with real gold, not all denominations are especially valuable. The lowest Goldback denomination, the 1/2 Florida Goldback, only contains 1/2000th troy ounce of genuine gold, and this note only retails at about $3. If you have only a small collection of small Goldback bills, it might not be necessary to buy a brand new safe to securely house them. This is the same advice we give investors who begin stacking 90% junk silver. A stacker who only has a few 90% silver dimes, for example, might not need to buy a safe in order to feel secure in their investment.
A standard lockbox, money box, or just a secure drawer in your house are all fine options for storing small quantities and denominations of Goldbacks. If you’re concerned about fire, water, or other environmental damage, an affordable element-proof lockbox can keep your collection safe against most common household threats.
Once your Goldback collection gets large enough, you’ll need to consider investing in a more secure safe.
Larger Quantities and Denominations – Use the Safe!
Like we mentioned above, a 1 Goldback note is only worth about $6 and may not justify investing in a secure home safe. But what about the largest Goldback denomination? The largest Goldback currently available, the 100 Goldback, contains 1/10 troy ounce of real gold and currently retails for nearly $600. At this price point, it may make sense to invest in a more secure safe to keep your investments protected against the elements – and thieves.
Even if you don’t have a 100 Goldback note yet, it’s important to remember that the Goldback currency is fungible. This means that 100 single Goldbacks contain the same amount of gold as a single 100 Goldback (1/10th troy ounce). In other words, even investors who only stack small denomination Goldbacks should consider taking steps to protect their assets once their Goldback collection grows large enough.
Your method for storing a valuable collection of Goldbacks should mirror the way you secure your more traditional gold investments. We recommend a moderately sized, temperature-controlled with enough room to hold all of your assets. Avoid folding your Goldbacks or placing heavy objects (like gold bars) on top of them. Although your goal is to protect your Goldback stack, the last thing you want is to damage their artwork or wrinkle them!
A safe can be a great way to store your Goldbacks, especially if you have a large collection on your hands. If you plan to use your Goldbacks, though, you’ll need a way to keep them safe while on the move. That’s where the Goldback wallet comes in!
Goldback Wallets – The Stylish Option!
While Goldbacks are collectibles, the main goal of the Goldback project is to give Americans an easy way to spend gold for goods and services. If you are interested in using Goldbacks for their intended purpose – or if you just want to show off your collection on the move – you’ll need another storage method for when you’re leaving the house. Our recommendation? Invest in a Goldback wallet.
What is a Goldback wallet? A Goldback wallet is a specially designed wallet that holds Goldback notes without folding them. While regular wallets work by folding inwards, Goldback wallets remain completely straight. This helps you avoid developing wrinkles or crease-lines on your valuable Goldback notes.
Your Goldback wallet also has slots for credit or gift cards, large pockets that can hold checks or small cell phones, and plenty of space to hold a relatively large collection of Goldbacks. Goldback wallets are made with genuine leather and can be securely closed using a strap. In summary, a Goldback wallet is just like a regular wallet, except it holds your gold notes without damaging them!
More About Goldback Wallets
Goldback wallets probably aren’t your best option for secure home storage. These wallets don’t lock, and carrying several thousand dollars worth of gold on your person is not particularly safe. If you’re working with a large collection of Goldbacks, our recommendation is to use your wallet for transporting or using Goldbacks but to keep your large Goldback portfolio in your home safe or secure lockbox.
When you’re out and about, a Goldback wallet gives you an easy way to keep your investments safe. Plus, it’s always nice to be able to actually use your Goldbacks without damaging them.
Are Goldback Wallets Worth It?
Goldback wallets are absolutely worth the money, especially if you’re a Goldback collector who wants to use your Goldbacks in public. Nobody wants to lug around a safe or a bundle of loose bills, and it’s also never a good idea to risk wrinkling or creasing your beautiful Goldbacks by folding them in your pocket. When it comes to methods of storing Goldbacks while on-the-go, there’s really nothing quite like a custom-made Goldback wallet.
Depending on where you buy Goldback wallets, they can be very affordable.
Where to Buy Goldback Wallets
You can buy Goldback wallets at most places that sell Goldbacks, including Hero Bullion. Hero Bullion sells Goldback wallets for just under $25, making them an affordable way to store your Goldbacks. Remember, Goldback wallets offer most of the amenities you’ll find on traditional wallets. With this in mind, the utility that a genuine Goldback wallet provides may be well worth the cost.
Why Use a Goldback Wallet?
Goldback wallets are best used while you’re on the move. If you have a large collection of high denomination Goldbacks, you’ll still want to take the proper precautions to protect your portfolio at home. Again, we recommend storing the bulk of your collection in a safe in your home, only placing the Goldbacks you intend to use when you’re out and about.
But when you’re traveling and plan to either use or show off your Goldbacks, a Goldback wallet is the perfect tool.
Final Thoughts: Storing Your Goldbacks in Style
If you’ve got a growing collection of Goldbacks, you may be wondering how to store your beautiful gold notes. Generally, investors have three options when it comes to storing Goldbacks safely, depending on how valuable your collection is. For small collections, it is appropriate to store your Goldbacks in a lockbox, money box, or locked drawer. Larger and more valuable collections should be stored in a temperature-controlled safe, preferably one that is fire and water-proof.
Once you’re ready to spend your Goldbacks, investing in a Goldback wallet is a fantastic idea.
You might also be interested in:
About The Author
Michael Roets
Michael Roets is a writer and journalist for Hero Bullion. His work explores precious metals news, guides, and commentary.