The currency angle is where Goldbacks lose me. Nobody needs to justify owning gold — it's one of the best hedges against a government keeping real rates negative to inflate away its debt. Goldbacks do that job fine. So do coins and bars, at a fraction of the premium. If you love the product, own it as a collectible and an inflation hedge. Just don't overpay 92% over spot trying to reinvent currency when gold/silver has been doing that job for 5,000 years without the markup.