Goldback vs. Junk Silver; Which is BETTER?

[@CampbellsCoins]

Link to goldback playlist. kzbin.info/www/bejne/b5WznXR4bdqEd8k

[@birdsherbsadventures3014]

Mr Campbell, I always enjoy your videos. but , you are uninformed about some facts on this one, living in Utah and as of today i am buying goldbacks at $3.50 in a dip from U.P.M.A. (our pm depository in Utah) I will hold these until spot price goes up and then use at the stores that except these including my eye doctor, in which i will get spot plus of current value, which will more than make up for the premium at original purchase. Utah passed the Legal Tender Act back in 2011 which excepts gold and silver as legal tender. A lot of our farmers markets will exchange with goldbacks and silver. I greatly appreciate you and your content, come to Utah and i will show you around. Again, i do like your channel. Take care

[@CampbellsCoins]

I appreciate your insight and support! I think in my very first goldback video, I discussed the points you mentioned. The goldback is decent in the states where they are accepted. In CA, I doubt we will ever see a bill allowing gold and silver as legal tender. Which is funny since the Constitution already grants every state this "right". If I'm ever in Utah, I'll take you up on your offer. 😎👊

[@reefa781]

Can get goldbacks almost half the price of the vendor shown. Still 70 % premium,.

[@Fineonee]

Which is better? Better for what? Both great but 2 separate use cases. Being in a Goldback state I can spend them for an average of about 9% more than what I payed for them. I can sell them back without losing the premium. I can carry $1000 in Goldbacks with just 5 gold bills, how much constitutional would you have to haul around (235 quarters)

[@CampbellsCoins]

EXACTLY. This video use case was simply daily transactions and was stated as such. Daily transactions aren't meeting you $1000 example. And if I were transacting in that amount, five tenth oz gold eagles would easily fill that role without paying the extreme premium of goldbacks. Who are you selling to where you aren't losing the premium? Online dealers and LCS buy these for $1.75-$2 resulting in a 40% hit minimum.

[@Fineonee]

@@CampbellsCoins you make a valid point on the tenths but if bought and spent today you’d lose money on your coins. They’d probably give spot just like these dealers are giving for Goldbacks, if they take them at all for services rendered. If I’m stacking for weight then I’d go constitutional but not for my personal daily. I can spend GBs for more than today’s purchase price. How many people are going to give 17x of face value for junk? If you’re not in a position to spend GBs I can totally understand why you’d think junk is better. Day to day GBs can get you food, massages, dentistry a mechanic and even a chartered flight. I live in one of the 3 bordering states that all accept GBs so thats why they work better for me. Hundreds of real life use’s already in place. 5th state is coming this year with plenty more in the wings waiting to jump aboard. I am a member of UPMA.org and I buy and hold some Goldbacks there. I have a small recurring buy order every month and just pull them out as needed. I can even link a debit card up to my account and spend an unlimited amount of PM at places that don’t even accept metals. Also the 0% spread and free exchange of a Damaged GB. Buying from APMEX or Ebay is the wrong way to acquire them. Alright thats my schill for GBs 😁, have a good week CC

[@2023Queendom]

@@Fineonee nice info

[@Yankee_Doodle_Stacker]

1 - 1/2 gold eagle.

[@jadenephrite]

Thank you for you video. Regarding 8:05, Goldback damaged by fire, rips or folding. By comparison, for those who are unaware, if Federal Reserve Notes paper currency is damaged by fire, rips or folding, then they can be sent to the United States Treasury Bureau of Engraving & Printing and they will be fully replaced free of charge. The stipulation is that at less half of the damaged dollar bill remain intact. On the other hand, mutilated Goldbacks will not be replaced by the U.S. Treasury.

[@Gitsum243]

They are replaced by the manufacturer, I believe.

[@xessq1]

Alpine Gold will accept worn-out Goldbacks for full value so long as all of the gold is still in it. They are a vaulting company in Utah. They will even swap them out for new ones. You can also use the same company to swap denominations straight across with no fees.

[@bigdogs-29]

Thanks!

[@timothythompson4036]

I agree Goldbacks are very expensive because of high premiums. You see many of them selling on the gold bullion websites because the entry level price is so low compared to other forms of gold bullion. Big mistake, when you sell huge losses.

[@NayokeHenji]

when you sell them, you sell them with the premium. it's not lost value.

[@jbgant8513]

Outside of misrepresenting the cost of Goldbacks, seemed to be an objective assessment.

[@armand8322]

Campbell's coins misses the whole point and does not want to admit it.

[@doxer678]

New Sub here! Sami new stacker still learning always learning.

[@CampbellsCoins]

Thanks for the sub!

[@calvincooper1122]

I only have 1 just to have it not interested in stacking them.

[@indivisibleman8596]

Well, Goldbacks are utilitarian, no one will take your junk silver over face value unless they are in the community, but everyone knows goldbacks are gold because it is labeled as such

[@Yankee_Doodle_Stacker]

oh thats laughable.

[@indivisibleman8596]

Take a 1954 washington quarter to walmart

[@JimmyLicari]

Obviously Silver coins...the Goldbacks are a novelty and collector piece. Not for stacking

[@grumpy1311]

Exactly 💯 %

[@jerichofalls8236]

I'd have to agree. I still bought some because I think they're cool

[@CuSTACKS]

You don't stack goldbacks you spend them for circulation. I like the gold backs better than spending silver as a fractional payment especially is shtf. I think the ultimate fractional form of payment is copper bullion and gold back are the best option in the shtf situation. Stacking silver and gold is great for savings

[@AH-yq9vi]

Great video!! "Your time, is your Precious Assets" Spot On!

[@SilverOceans]

I buy 90% silver, I’ll stick to that over Goldbacks. 🔥🦈🌊

[@theenglishprofessor8411]

👋 📙✒️😉👍

[@Yankee_Doodle_Stacker]

AMEN

[@TJ-lh4pr]

Another difference between goldbacks and constitutional silver (i.e. dimes, quarters and halfs) is the coins are no longer minted. Finite quantity. Goldbacks, in current production. And the premium will disappear since you bought them with rapidly diminishing value fiat. In 6 months the intrinsic value of the GB will exceed the premium you paid.

[@chrisabaird]

I’ve watched a few videos now that dis the GoldBack and the premuim- but not one mentions that the premium isn’t lost when it’s used. Granted if you are paying the higher $5 plus rate- you may lose some- but if you are sticking near where the average daily value is-- then there isn’t a loss in the premium. Thoughts on that?

[@Yankee_Doodle_Stacker]

its lost when you are stupid enough to buy a goldback. An item you have to destroy in order to hopefully prove there is any of that severely overpriced gold in it.

[@xessq1]

@@Yankee_Doodle_Stacker so you are saying that the ONLY value a gold back has is the actual gold in it?... BUT yet you use fiat currency daily which has ZERO actual value beyond what the government tells you it's worth on that particular day

[@theelephantintheroom6680]

"Goldbacks were a solution to a problem we don't have?" I strongly disagree. Right now we can't even get people to realize the Federal Reserve is NOT federal! Using junk silver in circulation still requires educating the buyer or seller. Also the small coins are easier to lose or confuse with other modern day silver currency. The primary benefit of goldbacks is the educational value. I think goldbacks sell themselves MUCH better. I don't consider them a store of wealth, but an excellent icebreaker for communities struggling to realize what is happening to their wealth.

[@armand8322]

Campbell's coin does not realize that. Well put Mr; Elephant in the room ! !

[@Yankee_Doodle_Stacker]

You will need to do a whole lot more educating and promising that there is gold in that goldback. Hundreds of websites will verify that 1964 and earlier is 90% silver. And you can test them. Try testing a goldback.

[@theelephantintheroom6680]

@@Yankee_Doodle_Stacker I hear your point. I watched Campbell's video here: kzbin.info/www/bejne/Y3q7n2iuoteHp9U which says goldbacks are not for "stackers' and I think I agree-- if a stacker is somone who wants to store value over time. But my initial statement still applies in that I think the largest problem we face is first a matter of education. If you hand someone an old silver dollar you know is worth many more times the face value, the mere fact it was minted as something a person knows has a cheap fiat modern equivalent makes your job in education much more difficult. If you first ask if they will take a goldback, or leave one as a tip, the novelty is broached first and the education happens naturally. I don't naturally gravitate toward "stacking" as I think I'd much rather have something I can barter with that has obvious value-- liquor, tobacco, coffee, lead, ammo, canned goods, etc. Right now I think most of us are at the stage we wish we lived in more worth preserving savvy communities for when SHTF, and even broaching this topic is difficult. I think maybe most of the folks watching this channel are NOT in that mindset (you are already a "stacker" and ahead of the game). Hopefully you also have a strong community that appreciates wealth preservation-- for all involved in your local commerce.

[@bobbystark3721]

I love the comparison in this one. Awesome content as always. Appreciate what you do.

[@CampbellsCoins]

Thanks Bobby!

[@bullionaddict9164]

The only Goldback I owned I gave away to my son. I like the concept of Goldbacks, but the price point doesn't make them practical. However, I dig the artistic Beauty of them and wouldn't mind having a set of them, but I'd never fork over that kind of cash for them. That money would be much more beneficial purchasing fractional Gold.

[@CampbellsCoins]

😎 we agree completely.

[@bullionaddict9164]

@@CampbellsCoins 👍👍

[@KirkDavidson-k1y]

I think in in the future they should and maybe both will be used everywhere. Better than Petro dollars and metal coins

[@noicue8078]

I bought quite a few goldbacks a couple years ago. If I need them, I’ll use them. Until then, they’re just collectibles. Great video. 👍

[@HappyHermitt]

Same here. I bought quite a few. I'm hoping they get discontinued. 😆

[@danielbbq]

We've seen updated artwork so the old artwork will be more valuable.

[@Goldbacker00]

Nice! Do you have any 2019's or 2020's?

[@stansbornak8116]

"Junk" silver hands down !!!!!!

[@CampbellsCoins]

💯😎

[@5ivestring]

I bought a few, 5 or so, just for the fun of it. They were cheap and pretty. Investment? I think not. Will I buy more? Probably not, just wanted a couple.

[@PistolPackingPilot]

Wow bro, thank you for the shoutout. Much appreciated. Goldbacks are great. Perfect for sending out with my stickers. Haha. But those goldback premiums are still lower than those new silverbacks. The premium on the purple striped silverbacks comes out to 100K dollars per oz. Amazing video my friend.

[@dillonjames4474]

Silverback are a complete waste, goldbacks are really the only ones out there with a realistic premium. It actually almost cost them money to make the 1 goldback bills, the price is fair as long as you get under exchange rate.

[@preciousmetals7114]

@@dillonjames4474 So you know all the numbers marketing manufacturing profit margins labor maintenance ect plus how the daily conversion rates >>and

[@davidortiz3094]

People underestimate Goldbacks too much. They haven't even been out long yet state by state is accepting them in such a short time. I'll take them over the dollar any day. Whenever I order silver, I buy Goldbacks

[@CampbellsCoins]

It's not underestimating, it's seeing their limitations and issues. Lots of better and cheaper alternatives.

[@davidortiz3094]

@@CampbellsCoins The dollar has no true value nor is it doing better. Goldbacks are backed by gold which can be accepted worldwide. Goldbacks are supposed to be used for transactions. Not stacking. Also encouraged by the company to enlighten people on sound money.

[@CampbellsCoins]

@@davidortiz3094 did I state these should be used for stacking? What is one to do in a state where these aren’t accepted? No arguments here on the dollar. Gold and silver coins can do exactly what the goldback is designed for at a fraction of the cost

[@davidortiz3094]

@@CampbellsCoins Nobody spending gold coins on small transactions & I'm definitely not spending 1oz of silver maple leafs either. Which is where the Goldbacks come into play. Again. It is brand new & four states (almost five) already using it. If you can't see the future of it & what it's supposed to be used for then that's on you. Again. Goldback is for small transactions & enlightening people on they uses. Says it on it's site. Idc for half dollars. And not using 1oz silver for transactions. Edit: Especially since silver is extremely undervalued & manipulated but that's another story sir lol

[@xessq1]

if you walk into a grocery store how much will they give you for your constitutional when you are buying a loaf of bread?

[@CampbellsCoins]

@@xessq1 not sure. Want to know what I know they don’t take? Goldbacks

[@johncampbell191]

How do I clean the white spots on my silver maple leafs ?

[@CampbellsCoins]

You're better off leaving the milk spots there. Any rubbing you do will scratch the coin.Maples made after 2018 have a mint shield tech that prevents milk spots.

[@carcar5911]

What I really want to know is when you sell goldbacks back to an online dealer or LSC how much can you get for them. That would determine weather or not I will be buying more of them. A video on that would be great!

[@CampbellsCoins]

I covered that with my LCS. Long story short, you'll get hosed. kzbin.info/www/bejne/Y5C9gYuLh8qjldE

[@xessq1]

from their website - Alpine Gold offers the best buyback deals for Goldbacks sent in that are purchased elsewhere with spreads as low as 5%.

[@bhoward9378]

Goldbacks are an interesting idea. They are basically trying to split the difference between the convenience of trading receipts and the reality of gold and silver. I'll stick with silver and gold, but the idea of fractional metals as manifested by Goldbacks is interesting...

[@72cmcinc]

Agree! The only one I have also came from the great Triple P. I think they are neat collectible pieces, but I will take the junk all day everyday over the gold back

[@cbk1232]

I agree with you 100%.

[@CampbellsCoins]

👊

[@chadhorak1528]

I haven't ever gone crazy but I do own a goldback 50 and 10 one's I stopped there but I do appreciate the artwork on the gold backs they are visually appealing.

[@BENSTACKIN365]

90% all the way!! Not a fan of the goldbacks due to the higher premiums. 18x right now at my LCS here in MN. Not a bad price for 90%

[@poli_zgaming3616]

They were made to be used as currency... It's cost to make them into circulation. Also buy from money metals or other areas on the low end. Silver coins... People are gonna assume it's dimes or other types of cus currency and not about the metal. It's not fancy enough to pass around and it's not gonna be used as currency from everyday folks. It's a reason why it's called junk silver. No promises anyone will trust you nor to buy from you if it's junk silver.

[@BENSTACKIN365]

@@poli_zgaming3616 Much harder to test goldbacks than it is to test coins for legitimacy. Stack whatever you feel is best. Goldbacks are definitely nice.

[@poli_zgaming3616]

@@BENSTACKIN365 we just had folks burning their damn goldbacks finding the exact amount of flakes. You can trade in the gold backs for gold an exact amount if you have the goldbacks. It's so thin cause it has to fit in your wallets in order to be used as currency. You can't use actual whole bars of gold and silver and actual coins for a damn product at a small business. They can't break that amount down. And what if your not around a gold brokery in your area but do have goldbacks that's not affected by the dollar's inflation? You got some purchasing power regardless. I see folks not even thinking about the actual use but all they care about is making a quick buck if they hold enough mindset. The point is to be free from inflation and also at the same time actually stimulate the economy with actual value that will not destroy the economy and purchasing powers of the common man and women. Why would you burn a goldback anyway. Your also destroying the value of the illustration as well and as well as it's own currency for purchasing power that accepts them.

[@BENSTACKIN365]

@Poli_Z Gaming Buying goldbacks is the worst way to invest in gold that I've ever seen.

[@poli_zgaming3616]

@@BENSTACKIN365 you can trade them in... You can literally read this up. And your still not solving the damn transaction part with gold coins and gold bars since you cant use gold bars and gold coins for transactions on purchasing goods. And it's not about investing in gold when you intend to use it as currency when inflation hits. Stop with this hording gold bars mindset when you know you won't be able to sell your gold when shit hits the fan. At this point you can say well gold bars are probably only for show due to its current prices and unable to use as currency.

[@davehipster5946]

I like the Goldbacks but the premiums need to come down for them to be used as currency more.

[@roberthealey7238]

Goldbacks are actively being produced, junk silver is not… You might have a problem convincing lay person that the junk silver dime/quarter/half dollar is worth more than face value where goldbacks could be an easier sell given similarity to familiar currency.

[@CampbellsCoins]

That's an interesting take. If I show people a quarter, whether silver or not, they know it's a quarter. How many people know what a goldback is?

[@roberthealey7238]

@@CampbellsCoins The main issue with layperson and goldbacks is convincing them it's actual gold. Once you can do that, it's easier to get them to accept that it's 1, 5, 10, 25 or 50 1000th units of gold. The term "goldbacks" helps reenforce that since many people understand what a greenback is. Also, they are much shinier looking works of art than junk silver! 🙂 The artwork helps the perception of value as well; people like shiney things! One can argue the junk silver is more durable than a goldback although technically the gold component is as durable although the polymer substrate isn't.

[@Yankee_Doodle_Stacker]

you can direct those peeps to government websites or dealer sites to verify 90%, you can even test them. There is No way to test for pretty little goldback except burning it and hoping something is left. For the skeptical it is WORTHLESS.

[@kdnofyudbn5918]

Whats the melt value of bitcoin? What's the melt value of $100 USD value? Nobody is going to carry 20 to 100 lbs of silver coins to by a computer. Which is why in the United States they created gold and silver certificates. Americans prefer to work with bills. So fo me the Goldback is the best of both worlds. As for the price. You chose one of the most expensive vendors. But hey thanks for the favor cause it shows how people are trading and selling goldbacks much like the early days of bitcoin.

[@CampbellsCoins]

Do you know the value of silver? For most transactions, you'd need at most half an ounce of silver. Large transactions, a few ounces. Not 20 to 100 lbs 🤣 I'll take gold and silver certificates over a goldback and I've argued that's what the US should return to.

[@kdnofyudbn5918]

@@CampbellsCoins So you'd take a promise from the practically bankrupt US treasury than having the gold in your hand. Ladies and gentlemen you heard it hear yourself.

[@CampbellsCoins]

@@kdnofyudbn5918 Heard it here* Listing hypotheticals for the sake of a conversation isn't the same as asking for it in reality...

[@johnross5909]

I would accept a gold back for payment over Fiat any day. But I can get more Silver vs. Gold backs with less Fiat. I have tubes of coin hidden in my car in go bag's in coats different locations I don't need to carry it all at once. One tube can go a long way in daily affairs.

[@jasonhartmann3557]

I don't own any Goldbacks and if I were to buy any, it would be as a collectable. I'll stick to stacking gold in the form of coins. I do love my constitutional Silver though.

[@Anthony-kn8cn]

Peace Dollar's and Morgan dollar's are my first pick. 2nd Silver Eagle's 3rd Buffalo Rounds or any recognizable generic round. 4th Bars especially 1oz,5oz,10oz. 5th Any seated liberty dime, Quarter or Dollar. It all depends on liquidity in my book if necessary. Just one guys opinion and not financial advice. 😊

[@TheEvilCowboy]

I like em very fun to look at but that’s about it . I think deep down a lot of us want em to take off but I don’t think they will in the event they do I own several but as of right now it’s just shiny foil notes . I think the fact they can even be graded by a company is bizarre. I like using goldbacks as a background I actually plan to make a clear table and put them underneath it’ll be a amazing decoration

[@josephalvarez6735]

😂😂😂😂 Wizardry!? OMG I love it and I appreciate your videos keep it up. Listen I get how you feel about the gold backs and to be honest I feel the same way. However there is a particular detail that's important to both constitutional silver and gold backs and that is a lack of education. Some places now may not know what exactly is the gold back and what is good for, you would have to educate them or driving to the website for them to see and read and educate themselves. So that would require an individual to at least talk to the owner or direct them to the website. That's a constitutional silver a lot of people may just look at it as a coin as an everyday corn and not really care about the significant difference of the silver. These factors only really matter to the silver stacker and the gold stacker. So it's up to the gold stacker and the bullion dealers or the gold back creators to educate the public about these items. Which I heard Iowa or some other states are wanting to make actual currency now out of golden silver considering the issues were having with our current government and monetary system. This could be a good thing or bad depending who's against gold and for the theiat dollar versus who's for the gold and who's not for theiat

[@AnxiousStacker]

Great video. Im not sold on these being used as an alternate currency. I do love the artsy look and the fact they do have PM's even though it's a very fractional amount, but I'm buying weight and the constitutional is just a Fractional another of weight so that's what I prefer. If I get to the point where my safe is packed full I'd like to collect each one of the goldback denominations from each state but until then I only have the one $1 Goldback that I won.

[@dwightsmith5174]

Goldbacks are only one alternative. I like them. But a person needs to have diversity of assets. Goldback must do a better job of getting the word out. They sorely lack this talent. Thus begging the question, is it just another marketing scheme? I really hope not. We need this type of asset to be mainstream.

[@Gitsum243]

Goldbacks can be obtained much cheaper than Apmex. Are you using Apmex to bolster your argument? I think so.

[@charlessavoie2367]

"Spot" silver, "spot" gold is due to be phased OUT.

[@SilverSaxon]

You make some good points for sure. But I think the stacking community perhaps misunderstands the purpose of the Goldbacks. They do seem to be making a mark in the collecting community, but they were never intended for collecting or stacking purposes. They are a response to the rapidly declining value of the US dollar. Their intended purpose is to be used as an alternative means to the dollar in exchanging goods for services. They are meant to be circulated. Will they hold up to being used in everyday transactions? That remains to be seen. To say they are an answer to a problem that doesn't exist is to ignore the problems we currently face with the devaluation of the dollar and the threats to the dollar as the basis of international exchange and also threats by CBDC, etc. Are Goldbacks better than constitutional silver? Maybe. Maybe not. Keep in mind, constitutional silver coins aren't being minted any more (discounting Silver Eagles) and will likely not be available in sufficient quantities should the time come where their use is meaningful. Will Goldbacks be available in quantity? At least they are currently being produced. Also keep in mind that, when US coins were being minted of 90% silver, the value of the silver content could not exceed the face value of the coin. Hence, one of the reason today's coins are not minted of silver. The fact that Goldbacks don't contain as much gold as the published exchange rate is comparable, to a degree. The cost of Goldbacks is definitely an issue. If they are ever to catch on, an individual should be able to acquire Goldbacks at the published exchange rate and not more. That is like going to the bank to exchange your quarters for dollars and having to give over $1.25 in quarters to get a $1 bill. Goldbacks are an experiment but could become useful for circumventing the tracking features of a CBDC.

[@davehipster5946]

The premiums need to come down to become a viable currency

[@davidortiz3094]

Still better than the dollar in every way. Gold can be spent anywhere in the world.

[@NayokeHenji]

both are better. also, I would accept "goldbacks" as the correct answer.

[@B29p]

Gold backs are beautiful. However, they aren't as beautiful as our silver history. I'll stick with the constitutional.

[@CampbellsCoins]

😎

[@derrickjohnson4952]

Goldbacks are better if you’re trying to use it for actual currency I’m my opinion over the coins. I think if the process wasn’t patented there would be more (just my opinion)

[@vincentellsworth7905]

goldbacks are just too damn big make them a normal size but thicker or maybe credit card/business card size; no one wants a half sheet of paper

[@CampbellsCoins]

No. Some perfecting needs to be done.

[@TT.Loopyloop]

I like both ways

[@craigjones3988]

I’m a strong proponent of gold, that said, I feel the goldback is just a novelty. As far as silver? I only hold US silver coin, no bars or rounds. Everything Campbell is saying is correct and logical. Thank for your common sense mr Campbell

[@CampbellsCoins]

Thank you sir!

[@exodusportfolioexp6278]

As of late, I’ve fallen pretty fond of 90% barbers. Those who like gold backs are the ones selling them ong

[@CampbellsCoins]

😎 yes sir

[@jproppa12]

Untrue - the market value is an avg market cost, so you obviously can find them for cheaper. Out of dozens of vendors, APMEX quite literally is the highest

[@ShutterEmotions123]

I love my goldbacks! The art work is outstanding! They are fungible and unlike the dollar that’s backed by nothing goldbacks are backed by gold because it’s made of gold. I don’t mind paying extra for a goldback vs gold. I wouldn’t put all my eggs in one basket buying goldbacks but why not have both?

[@davidortiz3094]

Anti counterfeit too

[@johnross5909]

100% premium for peace or Morgan $ over melt. Hard to believe suppliers aren't happy.

[@eric.1948]

Had no idea what these where thank you for informing me.

[@Whalermansteve84]

Check out Defy the grid !! Their goldbacks are way cheaper

[@AlphaOmegaKnight77658]

I was thinking of having a small bag of junk silver. You got any online sellers you recommend that sell it?

[@CampbellsCoins]

Avenue Coin is my LCS. Call them up or hit them up on Instagram, they'll take care of you.

[@jaredheggs940]

But they arent gold theyre goldbacks.

[@strategicsilverstacker]

I'll take the constitutional silver it's free money. Seems Goldbacks you buy them to use them 🤔Paying Twice? 🤷

[@skullstaxx]

Even my LCS won’t buy Goldbacks

[@CampbellsCoins]

Very few places do. Difficult to test and people take a huge hit when they sell.

[@anthonycolangeli4133]

I just like them for their looks and collectability. It is an oddity.

[@bsouljah632]

You nailed it brother! Thanks for always picking such informative topics and articulating them in such a logical manner. Right on!

[@CampbellsCoins]

I appreciate that!

[@elliottjames671]

I dont even understand the coins $5 faces etc

[@MAGASTACKER]

Silver Coins 110% 🪙

[@dkpqzm]

Just try to melt that goldback for it's gold content

[@jimblacic]

Why would you do that? Makes no sense. Would you melt down a car for its steel and aluminum content? A GoldBack has its highest value as a manufactured item for exchange in the market for goods and services.

[@Yankee_Doodle_Stacker]

@@jimblacic to prove it has any gold in it at all. 90% is easily tested.

[@HappyHermitt]

If goldbacks get discontinued, they may prove worthy.

[@TtheSilverStacker]

I’m not sold on those Goldbacks. Interesting video. Thanks!

[@CampbellsCoins]

Thanks T!

[@PMStacker72]

It’s more of novelty piece I like to collect these, silver dragon has a koo one too on bullion max, the wildlife ones are dope to but ya like you said I don’t think these hold up over time but eventually these might be super collectible years down the road-90% for me if shtff👍🏼 thanks C for going over this debated topic 👌👍🏼

[@AnxiousStacker]

I agree 100%

[@TheEvilCowboy]

Some very Good points

[@masterofnone11]

Well alot of lcs won't buy the goldbacks from you so that about sums it up.

[@tomtharos4440]

Hands down silver. The idea behind Goldbacks is sound. I agree stacking Goldbacks isn’t a good idea but I own one each of the four state series and am eyeing the North American Wildlife series. Will they become viable or collectible? Don’t really care. It’s my tiny way of helping the sound money movement. Peace Brother.

[@SilasMarnerAuAg]

i’ll take the 90% over the goldbacks every day of the week

[@CampbellsCoins]

🙌

[@doxer678]

Silverbacks?

[@CampbellsCoins]

Stay away from those. Simply a gimmick.

[@hotheadedjoelhaha]

Excellent.

[@CampbellsCoins]

Many thanks!

[@cowboysilver4838]

I just like the art on them.

[@cardaveux]

Gold backs may in the US a thing but not in Europe or Switzerland where i live. Silver coins are way better in my living area.

[@Christine-ch7iv]

They are not cost effective but they are a beautiful work of art.

[@silverstormienormie6146]

Good points

[@rowdyharger2799]

Nope, actually i bought them for less then exchange rate. Im up .$31 per single unit from purchase price. If chemicals are used to aquire gold, you get the actual weight. I paid $ 3.91 per $1. Presently a goldback is $2.43 in gold per $1 goldback.

[@curiousrelic]

Goldbacks are basically worthless novelties. Sorry, just my personal opinion. Very selective clientele and hard to sell or trade.

[@CampbellsCoins]

Prepare for the fan bois to crucify you haha. Totally agree.

[@tylerfortin4937]

Goldbacks are a waste of time and money!

[@edwardscissorhands4007]

Campbell is The Man!

[@CampbellsCoins]

😎

[@bobgriffith4551]

They should start calling them Bitcoin dollars

[@charlessavoie2367]

Goldback is a CLAIM on PM whereas common date silver coins ARE PM!

[@jimblacic]

WRONG

[@CashAndCoinsYT]

Goldbacks... icky poo poo.

[@getx1265]

No goldbacks for me; junk silver instead is ok.

[@armand8322]

YOUR BEAUTIFULL state of Texas is moving forward toward the possible implementation of Goldbacks ! !

[@bigdogs-29]

You’ve tipped me into NOT getting the GoldBacks. I was on the verge of getting a few $$$thousand$$$ of these but never clicked the buy button. Now thanks to your EVER CLEAR REASONING I won’t. Its’ double the price of Spot Gold when the premiums are in the price of purchase…

[@TheItalianPepe]

Then don't buy a few $$$thousand$$$ of them then. Just grab a few or several of the 1/1000 and call it good...

[@Yankee_Doodle_Stacker]

junk silver. no question.

[@TheItalianPepe]

"Goldbacks offer a solution to a problem we don't have'. I respectfully disagree. Many times in history humanity has only transacted in gold and many times, especially right after the Vietnam War when many Vietnamese were fleeing, the only way to purchase their freedom was using Kim Thanh 24k gold bars. Very similar to goldbacks. Not saying we'll need goldbacks to flee for our lives but I found it an interesting similarity. Also, we haven't seen goldbacks in circulation, certainly not as long as junk silver, so we have no real sense of how long they'll last. As stated in another video, don't overdo it on these. They do indeed have a large premium, however they do make a nice addition to your gold stack. Especially if you live in a state that has legalized gold/silver as legal tender. Not to mention, this only makes more sense now that more states on hopping on the legalize precious metals train. Pasting a comment I've made on another video you've made regarding goldbacks. Sorry the long comment. "I believe goldbacks are a great option to have some variety in gold stacking and the possibility to make change if the transaction is to be only done in gold. However as you rightly stated, they're terrible in terms of premium. So in my humble opinion having a small amount is great most especially if the state you reside in legalizes gold/silver as legal tender, just don't overdo it. On a different note, if one is to decide on fractional gold, a gram vs a 25gb is not much different. Both are going to cost around $85, even though they're worth in the ballpark of $65. Awesome video man! Keep it up!

[@CampbellsCoins]

Thanks for watching! Appreciate your thoughts!

[@mikeoneil5770]

I can’t see these goldbacks ever replacing constitutional silver. I’m not too thrilled about any aspect of buying Goldbacks, whereas there is no downside to stacking Constitutional Silver.

[@Chris6815]

I’m not into the Gold backs or Constitutional Silver/ 90% Silver. If I was forced to choose between the two I would choose 90% Silver.

[@goldmaple5290]

Junk silver is better because they can be used throughout the US. Goldbacks can be used only in a few US states.

[@TheItalianPepe]

Where in the world did you get that idea???

[@ItsEverythingElse]

Goldbacks are dumb. They just are.

[@CampbellsCoins]

100%

[@bobgriffith4551]

Well those things they're calling goldbacks are worthless that should pretty much answer your question

[@mth4849]

Why not tell it like it really is?... They are overpriced gimmicks that will be as dead as pet rocks in a few years.

[@victorfrankenstein50202]

Please CC, why would you want to make RipOffMex wealthy, by throwing away your hard earned money on a piece of Monopoly Money. You don’t really believe that these will go up in value, do you? Bring them to a coin shop, and most will laugh a little, then ask you to kindly leave the store. O.K., maybe they don’t go that far, but many want nothing to do with them. So, the answer to your question is…stick to government constitutional silver, if you wanted to be taken seriously.

[@CampbellsCoins]

Check out any of my Goldback vids Victor. Not a fan of them. Constitutional silver all the way baby!

[@christripptripp797]

Using APMEX to show the price isn't an honest representation. You can get them at half that price through defythegrid, alpine, etc. You also don't lose your premium....another consideration should be the inability to counterfeit these compared to currently being counterfeited coins floating around. The true answer to the question should be a little of both and that the point of both are physical money over worthless currency.

[@tgurlamber5874]

At :17 seconds. 😂😂😂😂😂😂😂 I love my goldbacks but silver is my stack.

[@CampbellsCoins]

😅