$43.50 $50.00
TOTAL MINTAGE: ~400,000
The 2024 Nevada 1 Goldback is a unique and innovative form of currency that represents the intersection of precious metals and modern currency design. This Goldback is comprised of 1/1000th of a troy ounce of 24-karat fine gold, boasting a purity level of 99.9%.
This fractional gold currency was introduced as a means of local commerce and as a way to promote the use of gold in everyday transactions. The Goldback series aims to blend the intrinsic value of gold with the convenience of paper currency, offering a practical solution for those seeking to use high-purity gold in daily transactions.
The Nevada 1 Goldback features intricate designs that celebrate the state’s heritage and natural beauty. The reverse typically showcases iconic imagery associated with Nevada, such as the state outline or symbols reflecting its rich mining history, while the obverse may include artistic representations of liberty or other culturally significant motifs.
The Goldback's design not only highlights its value as a monetary instrument but also serves as a collectible item that appeals to numismatists and gold enthusiasts alike.
Graded by the Professional Coin Grading Service (PCGS) as Banknote 70 PPQ, categorized as Supreme Gem Uncirculated, this Goldback is recognized for its pristine condition, with exceptional print quality and no visible flaws. The PPQ designation indicates that the note possesses premium paper quality, which is an essential aspect of its appeal and value to collectors.
The introduction of Goldbacks was a response to a growing interest in alternative currencies and sound money principles, particularly in the wake of economic uncertainties.
Nevada was one of the pioneering states in adopting this form of currency, reflecting a broader movement toward asset-backed currencies that are perceived as more stable compared to fiat money. The 2024 Nevada 1 Goldback, therefore, not only serves as a means of exchange but also as a symbol of a growing trend in the use of gold as a viable and practical currency in the modern economy.