I would like some experiential info about Goldbacks.
They would be really nice if they gained recognition status. But, i won't hold my breath
Besides buying, have you done anything else with them?
Do coin shops buy them back easily?
What do you think of their barter-ability in SHTF situations?
Are they just an expensive way to buy an ounce of gold over a long time, with small payments?
I haven't done anything with them at this point. There are some business in my state that accept them, but I only buy a small amount as collector pieces.
I haven't tried selling them to a coin store. I'd imagine they'd be reluctant to buy them, but I think you could sell them easily enough privately.
I think for barter-ability they'd be okay, but I think most would prefer junk silver since it's more easily recognized.
If you're buying these to stack gold then yes, it's going to be expensive in the long run. It'd be cheaper to save up and buy 1/10oz or 1/4oz coins than these.
!BBH
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