Our goal was to create the best physical money that the world has ever seen. For the first time in human history you can spend physical gold on small transactions such as a smoothie, while using the same type of money for large transactions, such as a remodel on your home. This solves the 2,600 year “small coin problem” with spending gold.

The creation of the Goldback relies on 5th generation vacuum deposition technology. The designs are printed on a sheet of polymer that is then bombarded with the correct amount of atomized gold particles in a vacuum chamber. This gold is then sealed inside by a second protective barrier of polymer, thus creating a beautiful negative image. Valaurum has been developing the process for nearly two decades and it has never been counterfeited. It is truly the most technologically advanced process for creating a physical gold money in the world today. See them made here:

Members of our team have been working in the precious metals industry since our General Counsel, Lawrence Hilton, authored and championed the passage of the Utah Legal Tender Act in 2011. The Utah Precious Metals Association formed in 2012 from the “Citizens for Sound Money” and began offering legal tender gold accounts that same year. We have been innovating in the space ever since. Goldback Inc. was founded as a new company in 2019.