California 3 Goldback - Limited Early Release (70 Grade)
The California 3 Goldback - Limited Early Release (70 Grade) is a gold note-style product. The listed metal amount is 0.003 troy ounce of gold (3/1000 oz).
History and background
Goldback launched its first Utah series in 2019 and later developed state-themed issues. Limited Early Release products introduced upcoming series through a distinct collectible format. The California release connects that modern product history with the state’s coastal imagery, rather than with the history of government-issued United States paper money.
Design and product identity
The California Limited Early Release design is named Harmonia, meaning harmony, and uses a surfer riding an ocean wave to express the theme. The manufacturer describes it as a colorized early release for the California series. A Goldback’s printed denomination represents a fractional gold quantity under the manufacturer’s system, not a face value issued by the United States Treasury.
Product specifications
- Metal: Gold
- Product format: Notes
- Listed metal amount: 0.003 troy ounce of gold (3/1000 oz)
- Mint or maker attribution: Goldback
- Grading service: PMG (Paper Money Guaranty)
- Listed note grade: 70
- SKU: 70GBCA03
Understanding the metal content
The manufacturer expresses Goldback denominations through fractional gold content in thousandths of a troy ounce. Under that convention, a three-unit denomination represents three thousandths of an ounce. The printed unit is different from a United States dollar face value and from a promise about an exchange rate. The physical gold specification also remains separate from the number assigned as a grade.
PMG certification and the 70 grade
PMG stands for Paper Money Guaranty. The product photograph identifies a PMG holder, and this offering specifies a grade of 70. PMG uses a 70-point scale for notes. Its grade 70 describes a note without evidence of handling visible at five-times magnification, with centered margins and registration. This is a note grade, separate from the gold quantity and the three-unit denomination. The PMG holder and label provide the grading identification. No NGC or PCGS coin grade is assigned to this Goldback.
Preserving the product
Preserving the surface and the original identifying information helps retain the product’s physical history. Handle an unencapsulated collectible by its edges where appropriate and avoid polishing or abrasive cleaning. Keep a certified holder or stated assay package intact when retaining its identification matters. A brighter surface created by cleaning is not the same thing as a higher original condition grade.
Material, design and numismatic identity
A product’s history is carried by several different kinds of information. The issuing or manufacturing name explains its origin, the design identifies its subject, the metal specification describes its material and the condition language describes its preservation. A date can connect the piece with a particular program or historical period without proving that it is rare. These features remain meaningful together even when two offerings contain similar amounts of precious metal. Keeping them distinct provides a more accurate description of the actual object.
Composition and the finished format
Refining concerns the composition of the metal, while forming and finishing determine its physical presentation. An assay tests material composition and should not be confused with an assessment of collectible surface condition. The finished object brings together its stated material, dimensions or weight, artwork and any packaging specifically included in the offering. These characteristics describe what the product is, rather than supplying a fixed market value or a promise about a later sale.
Historical and technical references: PMG note grading scale,Mint or manufacturer reference, Mint or manufacturer reference.
Couldn't load pickup availability
Understanding Product Pricing
Understanding Product Pricing
Our prices include the product premium and the approximately 4% payment processing fee charged by our payment providers. We accept all major credit cards, debit cards, and PayPal, and the price you see is the price you pay with no hidden checkout fees.
Shipping & Return
Shipping & Return
Please call our office within 3 days from the delivery date if you would like to return your order. Please note that you may be liable for a market-loss fee.
What is a market loss fee?
What is a market loss fee?
Due to the nature of this industry, pricing can change every second for precious metals. For this reason, we (along with all major dealers) fully hedge our inventory. This process locks in our margin at the time that we purchase the inventory, so that we do not have spot-market risk. When your order is confirmed with us (not when you pay), we “buy back” our hedge on those items, thus making the metal completely susceptible to changes in its market value. If you decide you would like to cancel your order, return your order, etc and there is a decrease in spot value of your material, you are responsible for paying us that difference in price. We often get asked if the spot market goes up, do we pay you? Although we understand where it would seem as if that should be the case, that is not how hedging works. We do not make extra profit if the spot market goes up as the cost to “buy back” the hedge on your metal also increases. Our margin is our margin, regardless of the spot market. In the event that the spot market goes up, we just break even on the product due to this rise in cost. So, no we do not pay you if the market goes up.
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
