What is a Goldback?

A Goldback is a physical, gold-backed currency that contains a small, precise amount of gold embedded in a durable polymer note. It is designed for everyday transactions, combining the timeless value of gold with the practicality of cash. Unlike bullion, which is typically used for savings, Goldbacks are divisible, portable, and useful for small-scale trade.

For historical pricing and to buy or sell Goldbacks please visit:
Longshore Wealth Goldback Exchange

Who Are Goldbacks Best For?

Goldbacks are ideal for individuals who want exposure to gold but also value its practicality in trade. These include:

  • Young People: Those starting out in life can use Goldbacks as an affordable way to acquire and save gold.

  • Tradesmen and Day Laborers: Goldbacks provide a portable, durable, and trusted medium for bartering goods and services.

  • Barterers and Local Traders: Perfect for those participating in informal economies, Goldbacks offer real value outside of traditional financial systems.

While Goldbacks carry a higher premium per ounce compared to bullion, their utility in trade and everyday use makes them an excellent choice for those who prioritize practicality and flexibility.

How Do Goldbacks Promote Generational Wealth?

Goldbacks are more than just a currency; they cultivate essential habits and skills for building and preserving wealth across generations:

  • Bartering and Negotiation Skills: Using Goldbacks encourages face-to-face trade, helping individuals refine their ability to assess value and negotiate effectively.

  • Familiarity with Tradesmen: By fostering relationships with craftsmen and laborers, Goldbacks promote community engagement and a deeper understanding of the value of skilled labor.

  • Resourcefulness and Savings: Goldbacks encourage thoughtful spending and participation in secondhand markets, fostering habits that reduce waste and build long-term financial resilience.

By integrating these principles into daily life, Goldbacks support the creation of generational wealth rooted in self-reliance, community, and timeless value.