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HI all I am a new member, I decided to join as i have been stacknig for a while now, but amm currently looking to buy some Goldbacks as an investment or currency of real value, I am just hoping that someone in the UK starts making them for this market, but till then will be looking for some US ones to import here, many thanks all and bless you, kind regards Peter

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2 hours ago, Jadedhills said:

HI all I am a new member, I decided to join as i have been stacknig for a while now, but amm currently looking to buy some Goldbacks as an investment or currency of real value, I am just hoping that someone in the UK starts making them for this market, but till then will be looking for some US ones to import here, many thanks all and bless you, kind regards Peter

Hello 👍🖐😁

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Welcome Peter on this great forum, it will be a place were you will learn a lot more about collecting and stacking !

May I ask you why somebody who is already stacking for a while interested in Goldbacks ? The premiums on them are insane so why not just buy real gold ? For me there is no difference in Goldbacks and fiat money but I am interested in your view. 

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G'Day and welcome Peter.

Outside of Utah (other parts of the USA), IMO Goldbacks are only investment if you find a market for them, you spend the time and effort to import them, then can sell them into the secondary market for a profit.

On the other hand, they are a thing of beauty and why not have a few in your stack to hold, play with, show to friends and family etc. Would I frame a full set for hanging on the wall...yeah sure but I don't expect to be a non US owner of Goldbacks and expect those Goldbacks to fund my retirement in any way shape or form...that's what the bigger shiny blobs, bars and coins are for as part of the investments I make along the way in life.

I've toyed with buying a set in recent years cos they have lovely art work and are different. If I did pull the trigger, I'd be buying the full set....straight up, same way that some sovereign collectors want all the specific sov's issued in a particular year or mint etc.

If you do import some, pls start a thread with pics and your feedback of the notes..I'm sure members will be interested...you may even develop a market for them. 🙂 Good luck.

 

image.png.44a02d1718dcf1b754511a70caf6c6d2.png91 Utah Goldback Set 

 

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  • 2 weeks later...
On 06/02/2022 at 14:53, Jadedhills said:

HI all I am a new member, I decided to join as i have been stacknig for a while now, but amm currently looking to buy some Goldbacks as an investment or currency of real value, I am just hoping that someone in the UK starts making them for this market, but till then will be looking for some US ones to import here, many thanks all and bless you, kind regards Peter

Hi Peter, welcome to the forum!

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