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Did Texas Cross a Constitutional Line After It Caught the Gold Bug?
It looks sort of like a euro banknote. It’s daintier than a dollar. The marvel of the Modern Texas Redback is its weight and sheen, heavy like cardstock and metallic like a fun house mirror. Attorneys for the State of Texas insist it’s not real money—more akin to Disney dollars than legal tender—even if the bills hold intrinsic value. Each is inlaid with a tiny bit of 24-karat gold, meaning they’re literally worth their weight in bullion.Issued in three denominations—containing five, twenty, and one hundred centigrams of gold—the bills bear images of Texas icons: a Longhorn, the state capitol dome, and the Alamo. The smallest note, the only one I could reasonably afford, currently sells for about $15. The price fluctuates with the value of…The post Did Texas Cross a Constitutional Line After It Caught the Gold Bug? appeared first on Texas Monthly.