How does Goldback compare to the classical gold standard, and what can we learn from the monetary system America used more than a century ago?

In this episode of The Goldback Podcast, Jeremy Cordon and Jeff Meigs break down how the historical gold standard actually worked, from pennies and silver coins to gold coins, certificates, and paper money.

They explore what money was really worth 100 years ago, why everyday Americans rarely used gold coins for normal purchases, how the U.S. Mint made money producing currency, and why gold coins worked differently from smaller denominations.

Jeremy and Jeff also dig into what ultimately caused the gold standard to break down. As more paper claims were created against the available gold, trust in the system began to disappear. They compare that weakness with Goldback, where the gold is physically contained inside the money you hold.

The conversation also covers how Goldbacks are designed for everyday spending, how different Goldback denominations compare with historical pennies and silver dollars, and what lessons from the old gold standard could help build a better sound money system today.

Plus, we share an update on the upcoming Hera Silverback and tease a new Goldback state announcement coming next week.

If you enjoy conversations about Goldbacks, gold, sound money, alternative currencies, monetary history, and what’s coming next, subscribe to the channel and turn on notifications. New episodes of The Goldback Podcast are coming every week.

What topic should Jeremy and Jeff dive into next? Let us know in the comments.

0:00 Goldback vs. the Classical Gold Standard
1:10 Hera Silverback and a New State Announcement
6:10 Why Compare Goldback to the Gold Standard?
8:30 What Was a Penny Really Worth 100 Years Ago?
10:40 How Much Buying Power Did Gold Coins Have?
13:40 How the U.S. Mint Made Money Making Money
17:12 Why Gold Coins Worked Differently
19:20 Wages, Homes and Purchasing Power in 1926
23:39 Why the Gold Standard Eventually Failed
26:18 How Goldback Compares as a Monetary System

Why do Goldbacks cost more than the melt value of the gold inside them? In this episode of The Goldback Podcast, Jeremy Cordon and new co-host Jeff Meggs break down Goldback premiums and compare them directly against other fractional gold products.

They look at tiny grain bars, gram bars, fractional gold coins, and multiple Goldback denominations to see how the premiums actually compare. The goal is simple: if you’re buying fractional gold, are Goldbacks really expensive, or are they more competitive than they first appear?

Jeremy and Jeff also explain why smaller pieces of gold naturally carry higher premiums, why Goldback denominations all use the same premium structure, and why the price you can get when you sell may matter just as much as what you paid when you bought. They also discuss Goldback liquidity, spendability, security features, and why some people are using Goldbacks as an alternative to traditional fractional gold.

Plus, we recap Golden Days, talk about buying everything from tacos to a puppy with Goldbacks, and share an update on the upcoming Hera Silverback release.

If you want deeper conversations about Goldbacks, precious metals, alternative money, upcoming products, and the questions people ask most, subscribe to the channel and turn on notifications. New episodes of The Goldback Podcast are coming every week.

Have a question you want Jeremy and Jeff to cover in a future episode? Drop it in the comments.

TIMESTAMPS

0:00 Meet New Co-Host Jeff Meggs
0:55 Spending Goldbacks at Golden Days
3:18 Hera Silverback Release Update
4:22 Why Do Goldbacks Have a Premium?
7:45 Comparing Goldbacks to Fractional Gold
10:23 Quarter Goldbacks vs Tiny Gold Bars
14:26 Is the One Goldback the Cheapest Fractional Gold?
17:36 Comparing 5, 10 and 25 Goldbacks
20:17 Why Your Exit Price Matters
27:12 Are 50 Goldbacks Actually Overpriced?

When is your state getting its own Goldback? Goldback founder and CEO Jeremy Cordon breaks down the company’s 2027 expansion roadmap, how new Goldback states are selected, and what needs to happen before your state moves to the front of the line.

Goldback is working toward launching approximately four new state series each year. Jeremy explains how the country has been divided into five regions, why Goldback rotates through those regions, and how local businesses, coin dealers, partners, and community support can influence which state gets selected next.

We also cover Colorado’s January 2027 launch, an already-designed but still unannounced state coming after Colorado, upcoming expansion into the South and Northeast, and growing international interest in Goldback.

Most importantly, Jeremy explains what you can actually do to help bring Goldbacks to your state sooner, including getting local businesses and coin dealers involved and joining the Goldback Guild.

If you want to stay ahead of new Goldback states, upcoming releases, product announcements, events, and behind-the-scenes updates, subscribe to the channel and turn on notifications. New episodes of The Goldback Podcast are coming every week, so you’ll hear what’s happening and what’s coming next directly from Goldback.

Which state should get its own Goldback next? Let us know in the comments.

Learn more and get involved:
https://goldback.com

TIMESTAMPS

0:00 The First Goldback Podcast Surprised Us
1:15 Golden Days Market and Secret Goldback Artwork
2:55 When Is Your State Getting a Goldback?
4:00 How Goldback Chooses New States
5:37 Why Goldback Is Growing Faster Nationwide
6:17 Why Goldback Is Targeting Four States a Year
7:02 The Roadmap for Bringing Goldbacks to All 50 States
10:57 Colorado Goldback and the Mystery 2027 State
12:47 How Your State Can Move Up the List
14:01 How to Help Bring Goldbacks to Your State

What’s the best way to sell Goldbacks without losing a big portion of their value?

In the first episode of The Goldback Podcast, Goldback founder and CEO Jeremy Cordon breaks down how to spend, sell, or cash out Goldbacks and how to get the best value depending on your situation.

Jeremy explains why spending Goldbacks with participating businesses can be one of the best ways to get their full value, what to expect when selling to a local coin shop, how online dealers handle Goldback buybacks, and other options including peer-to-peer sales and eBay.

We also get into what liquidity means in the precious metals market, what’s currently happening with silver, and why selling Goldbacks can look very different from selling traditional gold and silver.

Plus, Jeremy shares updates on the Utah Goldback refresh, California, Nevada, Colorado, upcoming states, the Golden Days Market, and gives an early look at the newest Silverback.

If you have a Goldback question you’d like us to cover in a future episode, leave it in the comments and subscribe for new episodes every week.

Attend our first ever Golden Days Market if you're in Utah on Sept 12th! Learn more at goldback.com/goldendaysmarket

Watch the Silver Dragons video Jeremy referenced:
https://www.youtube.com/watch?v=Trdd_q2tAv8

Stay up to date on the latest Goldback and Silverback news:
https://goldback.com/news