25 South Dakota Goldback Gold Note — 1/40 troy oz · 99.9% pure 24k gold
A quarter of a hundred — one note, 1/40 of a troy ounce of .9999 fine 24k gold. The 25 Goldback is where a gold stack becomes a gold holding.
Each note contains exactly 1/40 of a troy ounce of .9999 fine 24k gold, physically embedded using a patented vacuum deposition process that took over 20 years to develop. You're not buying a certificate or a fund. This is gold you can hold, spend at 2,000+ merchants, or save.
Like all small-denomination physical gold products, Goldbacks carry a premium over raw spot price. That premium reflects the precision manufacturing required to produce spendable fractional gold at this scale. No one else has mastered this process. It also reflects real utility: this is gold designed to circulate, not sit in a vault. Goldbacks have appreciated an average of ~14.47% annually since their 2019 launch.
The South Dakota 25 Goldback features Laurea, the virtue of Honor, inspired by the legend of Maiden's Isle on Lake Kampeska. Minnecotah, steadfast in her love for a hunter from Wahpeton, refused the advances of local suitors even when placed on an island as a test of her loyalty. She waited, and her beloved returned. Laurea stands on that same stone island, a white pelican soaring above and raspberries scattered in the foreground. A Lakota flute, porcupine quills, and a dream catcher carry the cultural depth of the story. Inscribed in the artwork: "Honor to the Giver."
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