The Utah holdback is a local currency designed for circulation, a gold-infused money that happens to be the smallest increment that an investor could gain exposure to physical gold. Previous to the Utah Goldback the smallest denomination gold coin was created as a joke and came with a magnifying case and it was 1/500 of an ounce gold speck. 1 holdback is 1/1000 of a troy ounce of 24k gold so it’s truly one of a kind. Even more this provides the opportunity to use sound money with or without “the bank”. This is the hottest small denomination gold product in the US and you don’t need to be from Utah to own or spend them.
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