Goldbacks - 24k gold notes (currency in the USA)?

[Stacktastic]

What do we think of these? 
For use in the USA and also Europe - if they get one for UK etc? 

I know what I think but someone has asked me for an option & Im not sure really. 
I like this but I bet the premium is mental? Maybe good for a collectable? 
 

 

[BOOLIAN]

Worthless tat. The premiums are so stupidly high that you would never be able to use them. Novelty items, at best.

[bluffer]

there are a couple posters who sell them on here but cant remember their names.  edit - @arphethean

 

i think that its fair to say they fall under collectable / curiosity rather than genuine long term investment.  for example you collect the different sizes and frame them or give them as a present.  If you do a  search there are quite a few threads and on Silverbacks as well.

Edited October 24, 2023 by bluffer

[27carrots]

They would never work as real money as the singles have to have a few pounds premium and so the 50s would need a premium 50 times bigger to be worth 50 singles. They are just collectibles really. I collect the singles as they are worth having but I don’t think you could get the value back reselling the larger denominations in the future and so it’s not worth it for me personally.