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Inventory & Labels

Goldbacks in inventory

Goldbacks are gold bullion, not paper money. Add them as type Goldbacks so sell tracks live gold on the counter and connected channels.

New Inventory Item → Opens your members area in a new tab

Jump to step-by-step instructions ↓

Step-by-step instructions

  1. 1 They are gold bullion

    Goldbacks are polymer notes with real 24k gold in them. They are not paper money and not digital gold. A 1 Goldback holds 1/1000 troy oz of gold. A 5 is 1/200 oz. A 50 is 1/20 oz. Larger notes are physically bigger.
  2. 2 Add them as type Goldbacks

    Open Add stock → New Inventory Item. Choose item type Goldbacks — not Notes. Pick the denomination (¼, ½, 1, 2, 3, 5, 10, 25, 50, or 100). Optional series (Utah, Nevada, Florida, and so on) is for sorting only. Quantity is how many of that denomination you have. Mixed pile: set denomination to 1 Goldback and count total Goldback units.
  3. 3 Sell tracks live gold

    Sell is gold content × current gold spot, plus your premium — the same gold convention as other bullion. 0.15 is 15% over melt; 2.00 is $2 on that note. Checkout, ExtraCoins, eBay, CDX Auction, CoinDealerX wholesale, and connected storefronts (Shopify, WooCommerce, Square, BigCommerce) use that live gold price, not a frozen sticker. Auctions that already have bids are not auto-repriced.
  4. 4 ExtraCoins category

    When you list a Goldback online, SpotPro defaults the ExtraCoins category to Bullion → Gold → Other Gold Bullion. You can change it to another gold bullion bucket. Do not leave it in paper money.