Gold Notes

Gold Notes at Provident Metals

Gold is the most sought-after precious metal by many investors. Gold’s higher value does, for some, make it harder to diversify overall precious metals by adding gold and other metals like silver, platinum, and palladium. Gold notes offer a unique option for investors looking to add to their portfolio or simply diversify at a lower pricing point than traditional 1 oz gold options. If you’re not familiar with gold notes, now’s your chance to learn a little more about the options available through Provident Metals.

How These Gold Notes are Made

Every gold bullion product on the market is produced through its own unique processes. Few of them are as distinctive in nature as the production of gold notes. The notes are created with layers of gold between sheets of polyester. To achieve a specific weight and purity, layers of gold are put between two polyester sheets. This creates a secure gold product at the center with the protection of the polyester on both sides. Further, the polyester sheets allow for photo-realistic, full-color images to be used in the design of these gold notes. Most importantly, each gold note has 24-karat, .9999, pure gold content.

Goldbacks

Goldbacks are extremely unique in the world of gold bullion as they are a voluntary form of currency. Goldbacks got their start with the Utah Legal Tender Act of 2011. This act made it so that the state of Utah could establish gold as a form of currency. As such private mints have created these Goldbacks that have since been accepted in different states. The states that accept these Goldbacks are the following:

• Utah – released in 2019.
• Nevada – released in 2020.
• New Hampshire – released in 2021.
• Wyoming – released in 2022.
• South Dakota – released in 2023.

It’s important to note that Goldbacks are not US legal tender currency. Goldbacks are voluntary currency based on the discretion of the vendor. For example, you can only use a Utah Goldback in Utah, and only if the vendor allows it.

Each state has a set of five Goldbacks, each containing .9999 pure gold, which include the following:

• 1 Goldback Gold Note – 1/1000 Troy oz.
• 5 Goldback Gold Note – 1/200 Troy oz.
• 10 Goldback Gold Note – 1/100 Troy oz.
• 25 Goldback Gold Note – 1/40 Troy oz.
• 50 Goldback Gold Note – 1/20 Troy oz.

Every Goldback showcases a unique design on the obverse. Each design showcases unique depictions of female allegories.

Aurum Gold Notes

Aurum, also known as Valaurum, also produces an array of other gold notes. One popular collection is their North American Animal Series. These gold notes feature images of well-known animals that are commonly found in North America. Designs include the American Bison, Brown Bear, Mountain Lion, and Gray Wolf. The gold content of these notes ranges from 1,000 milligrams to 100 milligrams,

Another popular option includes the line of Hanukkah notes. These notes contain 1/10 gram of gold content and showcase imagery for the holiday, such as a bear spinning a dreidel.

Aurum also issues 1/1000 oz gold notes for different African nations, such as Tanzania, Gabon, and the Republic of Ghana. These notes have strict mintages of 10,000 and come with a Certificate of Authenticity. Each note showcases imagery well-known to that nation, such as the Kigoma Railway Station for Tanzania and an elephant for Gabon.

Investing in Gold Notes through Provident Metals

If you are interested in adding gold notes to your investments, Provident Metals is here to help. Please don’t hesitate to direct your questions to our customer service team at 800-313-3315, connect with us live online through our web chat feature, or simply send us an email with your inquiries.