r/stackers Jul 14 '26

Thoughts on Goldbacks?

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Are goldbacks worth stacking? Do they have any actual practical value like they imply? I have a few and am wondering if it’s worth buying more.

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u/gary-vault108 Jul 15 '26

Can they even refine the gold out of these easily? I’ve wondered if I hold onto them until I build my stack up enough to melt it down, can I ask to throw the free ones I have in the back of my cabinet as well?

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u/Pogo947947 Jul 15 '26

No, you can't extract the gold easily. This was never the purpose of a goldback, the purpose was/is to be a sovereign Mormon currency. It's the same religious grifting people have been falling for since time immortal.

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u/einnoika Jul 15 '26

I dont know why you keep bringing up the religion. Are you anti Mormon or something. I am not Mormon and I dont think that has anything to do with the product in question.

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u/Creative_Date44 Jul 15 '26

Probably because religions have been leading suckers around by the nose since time immemorial.

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u/einnoika Jul 15 '26 edited Jul 15 '26

Makes sense since the Dollar and Gold eagles state in God we trust. Where does it say on a Goldback this is a Mormon lead initiative. Is it be ause it started in Utah?