50 GoldBacks (Nevada) – 1/20 oz pure gold – SKU #44501

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 50 Goldback Nevada note contains 1/20th of a troy ounce of 24k gold and features an artfully crafted design of Libertas, patterned after the Roman Goddess of Wisdom, who is in a scene similar to the statue of Aphrodite that is found at Caesar’s Palace in Las Vegas. She is found holding a pomegranate (symbolic of mankind) and a vertical rod/scepter (representative of the State’s achievements in the vertical mining of precious metals).  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 Liberty.

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