$90.00
TOTAL MINTAGE: 138,400
The 2020 Nevada 1 Goldback is a notable piece of modern currency that marks the first year of issue for the Goldback series, which was introduced as a new form of fractional gold currency.
Designed to provide an alternative to traditional fiat currency, Goldbacks are intended to facilitate everyday transactions while being backed by real gold.
Each note contains 1/1000 of an ounce of fine gold, specifically crafted to maintain a direct relationship with gold's value, appealing to both collectors and those interested in alternative monetary systems.
The introduction of Goldbacks was inspired by a desire to create a currency that is not only practical for local transactions but also retains intrinsic value through its precious metal content. The Nevada 1 Goldback features intricate designs that reflect the state's heritage and values, making it a visually appealing item as well.
Graded by PCGS as 70 PPQ, which signifies “Premium Paper Quality,” this note is classified as a Supreme Gem Uncirculated specimen, indicating that it is in pristine condition with exceptional quality. The high grade enhances its appeal to collectors, as it represents both the innovative spirit of modern currency design and the enduring value of gold.
As part of the ongoing evolution of currency, the 2020 Nevada 1 Goldback serves as a tangible link to the historical concept of money as a representation of value, while also making a statement about contemporary approaches to currency and commerce.