5 GoldBacks (Nevada) – 1/200 oz pure gold – SKU #44201

Description

In 2011, the Utah Legal Tender Act was passed, allowing gold to be voluntarily used as currency for purchases within the State of Utah. Around this same time other states began to adopt similar laws allowing precious metals to be used, without sales tax, in the exchange for goods, services and other financial transactions. As a result of the new pro-gold laws and in order to fill the demand for smaller exchanges, in 2019 Goldback, Inc. began printing currency notes with a thin layer of 24k gold encased within a polymer coating, with each note containing a certain amount of gold from 1/1000th of a troy ounce (1 Goldback) up to 1/20th of an ounce (50 Goldbacks). Designed to be spent, saved or traded, the Nevada Goldback bills feature different designs for each denomination that are in line with the cardinal virtues of Caritas (Charity = 1 Goldback), Sophia (Wisdom = 5 Goldbacks), Justitia (Justice = 10 Goldbacks), Fortitudine (Fortitude = 25 Goldbacks), and Libertas (Liberty = 50 Goldbacks).

This particular 10 Goldback Nevada note contains 1/200th of a troy ounce of 24k gold and features an artfully crafted design of Sophia (Lady Wisdom), patterned after Athena the Goddess of Wisdom, who is surrounded by several libraries, universities, the quartz mill from Nevada’s State Seal, an antique Hoover Dam hard helmet, and various books and scrolls — all representative of the virtue of wisdom and education. Athena can be seen wearing an owl around her neck, a pick axe and shield in one hand with a spear in the other — a nod to the mining industry that shaped the state as well as its wild past of violence in the “wild west” days. There are many other hidden texts and symbols on this note, each symbolic of its importance to both the State of Nevada and to the principles of Wisdom.

Use these notes to purchase goods and services wherever they are accepted or collect and hold them for their gold value and artistic charm!