I've looked at the Goldback site, and I understand the product, but I'd like to hear your "elevator speech" for them. How would you explain the value of Goldbacks, especially to someone in a State where there are no businesses accepting them?
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While the Goldbacks are promoted as being for small transactions, most people don't actually see the practicality of it.
The premiums are high, so most only buy them to collect them for their beauty. For any small transactions in precious metals, I'd actually be using old local currency that is 90% silver, in the form of Mercury dimes.
Well said. I agree 100%. But, I will be giving some to family members for Christmas gifts.
They make great gifts! The designs are really well done. 😁