Answer
Dec 23, 2024 - 06:36 AM
Goldback notes are a form of voluntary currency made with a small amount of gold, intended for use in local transactions in certain areas. Their value is derived from the intrinsic gold content and their acceptance as a means of exchange, but they are not considered legal tender. Their worth can vary based on the current market price of gold and the willingness of people to accept them in trade.
