Each note contains 1/1000th Troy oz of 24-karat gold.
 
Goldbacks are the smallest form of usable gold in the world with just 1/1000th Troy oz of 24-karat gold content. These notes are formed using proprietary processes that layer thin amounts of gold together in polymer sheets. Fans of spendable gold have another new option. It is important to note that Goldback Gold Notes are not legal tender. Instead, these are a form of voluntary currency that can be used with any vendor willing to accept gold for payment.
 
The Virtue featured this bill is Industria, meaning Industry. She makes her first appearance on a Goldback Design as a woman walking through the fields of a farm, surrounded by items such as corn, honey, hay, wheat, sunflowers, pumpkins, and many others. Behind her are silos full of grain, one of which is being filled by an auger and has old glory painted on it.
 
With one hand on her hat and her arm looped through a basket full of corn, her sundress billows in the warm late summer breeze. The careful observer will also note the smile on Industria’s face as she caresses the leaves of the corn stalks next to her. As she walks toward a cornucopia full of harvest, she clearly is finding joy in the labor of her hands. Industria motivates others through the inscription on the bill, “Abound in Good Works”.
 
Goldbacks can be, and are, used for barter transactions with anyone who recognizes the value of gold.
 
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