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The Goldback is the world’s first voluntary currency to be made of a spendable, beautiful, small denomination, physical gold.
When the Utah Legal Tender Act passed in 2011, the state became the first in recent times to recognize certain forms of gold as legal tender. Gold once again established a level of official recognition as money.
Since then, the technology for minting physical gold into a spendable form for small transactions has developed. The makers use cutting-edge vacuum deposition technology to layer each bill with .9999 fine gold in exacting quantities. Goldback bills carry a precise amount of pure gold between layers of polyester which makes them resilient and durable.
This series is the first to pilot the border design change where the written denomination at the top of the bill has been moved into the border at the bottom and a smaller denomination number is written in the bottom right corner in addition to being found in the top left. These designs have been approved for all following designs, and currently in print designs will adopt these changes in their 2022 editions.
About the Design - Libertas
Libertas, or Liberty, makes her capstone appearance again in the New Hampshire 50 Goldback Denomination Design.
Here she stands in White Mountain National Forest and is shown with the three elements of New Hampshire’s original seal; the bundle of five arrows she is holding, the fish that are embroidered on her dress, and the eastern white pine tree both behind her and at her feet. The bundle of arrows represents the five original counties of New Hampshire, the fish represents the main source of commerce for the colony at the time, and the white pine tree was elemental in the colony’s exports to be used as ship’s masts.
Also embroidered on the hem of her dress is the motto “Vis Unitas Fortior.” It is the same phrase that appears on the original seal, and means “A United Force is Stronger,” or, “We are Stronger Together.”
Libertas is also shown here wearing a medallion on a ribbon with Liberty’s traditional symbol of a torch as well as a necklace with a laurel wreath and stars, nodding to these elements from the New Hampshire state seal.
Below her reads the caption “Stand Fast in Liberty.” Behind her, the state’s animal is featured as a family of whitetail deer. The scene symbolizes unity, particularly unity in the family, where the principles of Liberty are taught and passed on from one generation to the next. Without these principles being passed on, the price of gaining Liberty will be forgotten and must be paid to win it again.
In Liberty's left hand is a pine switch. She is standing on a fallen pine with King George’s mark carved into it, and a broken axe is at her feet. These three elements are indicative of the events that surrounded what is known as the “Pine Tree” or “Mast Tree” Riots of 1732 - 1734. These riots could be called the first acts of the Colonial Rebellion.
During these events, New Hampshire residents pushed back against the British actions which both appropriated the area’s Eastern White Pines for ship masts and prohibited the cutting down of any trees with a diameter greater than 12 inches. Disgruntled residents formed a rebellion and, in a manner that was more aggressive than the Boston Tea Party, attacked the British sheriff and his deputies for making arrests and enforcing the King’s edict. They gave the sheriff a lashing with a pine switch for each tree that was being contested at the time, then cut the manes and tails of their horses, and ran them out of town.
For this and other reasons, many of the first flags flown by the Rebellion depicted a White Pine on a field of white in some fashion. One of the earliest was used by George Washington on his naval ships. That flag is raised here by Libertas on her pine switch and reads the traditional caption: “An Appeal to God.”
Locations: New Hampshire Goldback
Gold Content: 1/20th Troy Oz
Purity: .9999 Gold Layered On a Bill
Size: 17.7cm x 7.5cm (6.97" x 2.95")
SKU: GBNH50
Tags: Currency, Gold, Goldback, Goldbacks, Precious Metal, Precious Metal Collectible, Specie Legal Tender
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