Goldbacks: Utah’s Revolutionary Gold Currency – Buy in Bulk, Invest & Spend Real Gold

Utah’s Goldback Headquarters – The Birthplace of Sound Money


Utah was the first state to launch Goldbacks, and today The Gold Vault stands as Utah’s #1 Goldback dealer. We provide the complete selection, bulk order discounts, and expert guidance that make us the trusted source for both local buyers and national investors.


Goldbacks aren’t just collectibles — they’re the world’s first spendable gold currency, infused with real 24-karat gold and accepted by thousands of businesses. Whether you want a single note or a wholesale order, The Gold Vault connects you to Utah’s proud Goldback heritage.

Map of the United States with Utah highlighted in orange.

What Are Goldbacks?

Revolutionary Design
Goldbacks are flexible, polymer-protected notes containing precise amounts of
.999 fine gold. Unlike paper money backed by government promises, Goldbacks hold intrinsic value in every note.


Why They Matter

  • Backed by real 24k gold
  • Inflation-resistant vs. fiat currency
  • Portable and durable for everyday use
  • Artwork celebrates each state’s heritage
  • Spendable, collectible, and investment-grade


Current Goldback States & New Releases (2025)

  • Utah (2019) – The original series, celebrating virtues like Prudence and Liberty.
  • Nevada (2020) – Honoring the Silver State’s mining legacy.
  • New Hampshire (2021) – Inspired by “Live Free or Die.”
  • Wyoming (2022) – Pioneer and Native American heritage.
  • South Dakota (2023) – Historical landmarks & values.
  • Florida (2025) – Introducing ½, 2, and 100 Goldback notes.


Coming Soon (2025): Arizona and Oklahoma
 
Future Candidates: Idaho (delayed) and Indiana


Stack of gold-toned playing cards, bound by a black band with gold lettering.

Why Buy Goldbacks in Bulk?


At The Gold Vault, we specialize in bulk Goldback sales for investors, businesses, and organizations:


  • Volume Discounts – Lower premiums on larger orders.
  • Immediate Inventory – No long shipping delays.
  • Custom Mix – Choose denominations tailored to your needs.
  • Corporate & Group Orders – Special pricing for companies and investment clubs.
  • Merchant Starter Packs – Bulk supply for businesses ready to accept Goldbacks.


Why it matters: Bulk buyers get better pricing, higher liquidity, and stronger positions as Goldbacks continue to gain value and adoption.

Utah’s Goldback Heritage

Utah leads the Goldback movement because of the Utah Legal Tender Act of 2011, which paved the way for Goldbacks to be accepted by merchants.


Why Utah Is the Center of the Movement:


  • Birthplace of the first Goldback (2019)
  • Largest merchant acceptance network (600+ Utah businesses)
  • Tax-friendly environment (no sales tax on Goldbacks)
  • Strongest local user community in the U.S.
  • Home to The Gold Vault – Utah’s Goldback headquarters


When you buy from us, you’re not just investing in gold — you’re connecting with the birthplace of the Goldback movement.


Merchant Acceptance – Growing Every Day


Over 2,000 businesses across the U.S. now accept Goldbacks, with 51 new businesses joining in September 2024 alone. Utah leads the charge with 600+ accepting businesses.


Accepted By:

  • Cafes & restaurants
  • Retail stores & farmer’s markets
  • Auto repair shops & contractors
  • Legal & financial services
  • Precious metals dealers


For Merchants:

  • Get listed in the Goldback store locator
  • Attract new sound-money customers
  • Differentiate your business from competitors


Logo for TuneX Complete Car Care. White
Two Roxberry smoothies in white cups with orange straws on a counter.
Anytime Fitness logo: purple running figure next to the words
Five ornate, colorful play money bills on a gold-colored background.

Goldback Denominations & Gold Content


Standard Notes:

  • 1 = 1/1000 oz gold
  • 5 = 1/200 oz
  • 10 = 1/100 oz
  • 25 = 1/40 oz
  • 50 = 1/20 oz

Florida Additions (2025):

  • ½ = 1/2000 oz
  • 2 = 1/500 oz
  • 100 = 1/10 oz


Why Goldbacks Are Gaining Value


Since 2019, Goldbacks have appreciated over 80%, while the U.S. dollar has lost purchasing power.

Benefits:

  • Hedge against inflation
  • Diversify with fractional gold
  • Collectible value from artwork
  • Highly liquid resale market (often above spot)
  • Spendable in daily life

Utah Tax Advantage: Goldbacks are sales-tax exempt in Utah when bought from dealers like The Gold Vault.


Notebook with the words

Security & Authenticity


Goldbacks include advanced anti-counterfeiting features:

  • Reverse negative image (visible & tactile)
  • Intricate design difficult to replicate
  • UV-reactive ink (2025+)
  • Professional verification tools available


Investment Considerations


Premiums Explained:
Goldbacks cost more than their gold content due to
precision manufacturing, spendability, artwork, and limited production.


Value Beyond Gold:

  • Practical daily currency
  • Collectible artwork
  • Community & educational value
  • Support for sound money principles


Black flashlight shining blue light on a gold-colored rectangular item against a black background.
Hands reaching into a cash register drawer holding gold-colored items, with currency and coins visible.
Interior of a jewelry store with display cases, seating, and decorative elements in shades of blue and gold.

Ordering from The Gold Vault


  • Singles & State Sets – Start small or collect your favorite series
  • Bulk Orders – Discounted pricing for investors & businesses
  • Corporate Accounts – Tailored plans for group buyers
  • Educational Sessions – Learn how to use and store Goldbacks
  • Merchant Setup – Get started accepting Goldbacks at your business


Why Choose Us:

  • Utah’s Goldback headquarters
  • Immediate local availability
  • Match or beat legitimate dealer pricing
  • Expert education and guidance


Frequently Asked Questions About Buying and Spending Goldbacks

  • Are Goldbacks legal tender?

    Goldbacks are not U.S. legal tender but are voluntarily accepted in commerce by thousands of businesses. Their value comes from their gold content, not government decree.

  • How much is a Goldback worth?

    Each Goldback’s value is tied to the spot price of gold, plus a premium for manufacturing. Exchange rates vary, but they often trade above their gold content due to demand.

  • Where can I spend Goldbacks in Utah?

    Over 600 Utah businesses accept Goldbacks — from cafes and contractors to law offices and local shops. The Gold Vault can help connect you with participating merchants.

  • Why do Goldbacks cost more than the gold inside them?

    Premiums reflect manufacturing costs, limited production, collectible artwork, and spendability. They’re both currency and art, which increases demand.

  • Can I use Goldbacks as an investment?

    Yes. Goldbacks combine fractional gold exposure with portability. They’re popular among investors seeking a hedge against inflation or a crisis-ready currency.

  • What states have Goldbacks?

    As of 2025, Goldbacks are issued in Utah, Nevada, New Hampshire, Wyoming, South Dakota, and Florida, with Arizona and Oklahoma launching soon.

  • Why buy in bulk?

    Bulk orders mean better pricing, higher liquidity, and strategic accumulation.

Goldback Value Calculator

Salt Lake City, Utah estimates for intrinsic & market pricing (with premium). Dark theme, mobile-ready.
Update this to today’s spot for accurate intrinsic values.
Example: 100% ≈ market price is 2× intrinsic (manufacturing + demand).
Choose which denominations to show.
Denomination Gold Content (troy oz) Intrinsic (USD) Market (with Premium) Typical Uses
Notes: Estimates only; actual pricing varies by supply, demand, condition, and dealer terms. “Market (with Premium)” = Intrinsic × (1 + premium%). Florida-only denominations are labeled (FL).

The Future of Money Starts Here


Goldbacks combine the timeless value of gold with daily spendability. As more states and merchants adopt this revolutionary currency, The Gold Vault ensures you’re positioned at the forefront.


👉 Buy Goldbacks in bulk today from Utah’s #1 Goldback dealer — The Gold Vault.