Goldbacks

Goldbacks are a series of voluntary currencies currently used in several states within the USA. Voluntary currency is not legal tender. When a currency is legal tender, this means that the federal government legally supports it as a form of payment. However, businesses are free to set their own rules and guidelines as to what forms of payment they accept.

Five states currently have businesses that accept Goldbacks as currency: Wyoming, New Hampshire, Nevada, South Dakota, and Utah. Utah was the first state to use the Goldback notes. Since then, popularity has caught on in Wyoming, Nevada, New Hampshire, and now South Dakota.

Goldbacks are not yet considered legal currency. Some people falsely believe that Goldbacks are legal currency because of the Utah Legal Tender Act. This act did make it legal for the state of Utah to potentially adopt Goldbacks as a legal currency, but the lawmakers have not yet made that choice.

For now, Goldbacks are considered a local voluntary currency. Goldbacks are used for trade in five main states. We anticipate the Goldback movement expanding to include more states in the near future.

Click here to view our current inventory of Goldback currency.