Washington

The Evergreen State’s Golden Legacy

Washington, the "Evergreen State," has a storied past with gold, igniting dreams since the 1850s when placer deposits were found along the Columbia River and exploded with the 1896 Klondike rush that funneled prospectors through Seattle. Over 2 million ounces of gold have been mined here, from Swauk Creek in Kittitas County to the Republic mines in Ferry County. The Goldback—a voluntary, spendable gold currency—revives this heritage, offering Washingtonians a tangible link to their pioneering roots. In a state that’s fueled adventure and innovation, why not bring gold back as a modern currency?

Legislative Opportunity: A Golden Path Forward

Washington’s legislature can pave the way for gold transactions. Since 2017, Senate Bill 5032 repealed the state’s 9.5% sales tax on precious metals for investments over $1,000, leaving smaller transactions taxable under RCW 82.08.020. In 2024, House Bill 2321 (HB 2321) proposed fully exempting gold and silver from sales tax and recognizing them as legal tender, stalling in committee. As of February 2025, a revised HB 2321 has passed the House Finance Committee, awaiting full House vote. If enacted, this aligns with states like Utah and Alaska, making Washington a Goldback-friendly hub in the Northwest.

Economic Resilience and Washington Pride

The Goldback bolsters Washington’s economy and spirit. Starting at 1/1000th of an ounce, it’s perfect for small purchases—from Wenatchee’s apple stands to Bellingham’s craft markets. With inflation threatening, its gold backing offers stability, resonating with Washington’s independent streak. Imagine a Goldback series showcasing state icons: Mount Rainier, the Space Needle, or Chief Seattle. These notes would be collectibles, boosting tourism and pride. Businesses adopting Goldbacks could attract sound-money enthusiasts, while dealers thrive under tax relief. This is Washington’s chance to shine—economically and culturally.

Washington-Specific Goldback Designs

Here’s how Washington’s Goldback denominations could honor its significant people and places:

• 1 Goldback (1/1000 oz): Features a prospector panning at Swauk Creek, recalling the 1860s gold strikes that sparked mining in Kittitas County.
• 5 Goldback (1/200 oz): Depicts Chief Seattle overlooking Puget Sound, honoring the Suquamish leader whose wisdom shaped the region’s name.
• 10 Goldback (1/100 oz): Showcases the Space Needle in golden light, celebrating Seattle’s 1962 World’s Fair and innovative spirit.
• 25 Goldback (1/40 oz): Highlights Mount Rainier at sunrise, symbolizing Washington’s natural majesty and outdoor legacy.
• 50 Goldback (1/20 oz): Pictures Jimi Hendrix strumming in Seattle, capturing the musical legend who revolutionized rock from Renton.

These designs weave Washington’s gold history, culture, and landscapes into a currency as bold as the Evergreen State.

A Golden Call to Lead the Northwest

Utah, Nevada, and Alaska have Goldbacks, but Washington can lead the Northwest. With HB 2321 advancing, a rich gold past, and a flair for progress, Washington is poised to pioneer this currency in the region. Let’s urge the Legislature to pass HB 2321 and launch a Washington Goldback series. Imagine gold in every hand—from Spokane to Olympia—proving the Evergreen State isn’t just a land of green but a land of gold. The time is now.

Rise up. Make Washington golden.