Goldback Calculator
Instantly Convert Dollars to Goldbacks – Get Real-Time Rates and Spend with Confidence
Calculate the value of your Wyoming Goldbacks based on the current daily exchange rate.
Transaction Calculator
How to Use the Calculator
STEP 1
Input Purchase Price
Enter the total dollar amount for the transaction.
STEP 2
View the Amount Due
The calculator will convert the purchase price into the amount of Goldbacks due, based on the current exchange rate.
STEP 3
Enter the Amount of Goldbacks Paid
Input the number of Goldbacks provided by the customer.
STEP 4
Pay Any Remaining Balance
The calculator will display the remaining balance due if the number of Goldbacks entered doesn't cover the total.
STEP 5
Receive Change Due
If the number of Goldbacks entered exceeds the total, the calculator will display the exact change owed.
Understanding Goldback Values
Goldbacks contain precise amounts of 24K gold, with each denomination containing that many 1/1000 troy ounces of gold. For example, a 1 Goldback contains 1/1000 oz, while a 5 Goldback contains 5/1000 oz.
The base value of a Goldback is determined by its gold content multiplied by the current gold spot price. However, Goldbacks typically trade at a premium above their gold content due to manufacturing costs, artwork, and their unique utility as a gold currency.
Goldbacks can be spent at face value (e.g., 1 Goldback = ...) at participating businesses, but their intrinsic gold value is typically higher based on the market price of gold.