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0.1 gram CashGold KaratPay

Issuer Karatbars International GmbH
Year 2016
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Shape Rectangular
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Obverse description Blue-violet polymer note with guilloche underprint and a central vignette of a gold prospector panning, overlaid with a world map and dove motif. A 0.1g gold bar is embedded centrally behind a transparent window. A holographic strip runs along the right edge, with a circular sunburst watermark vignette at left.
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Reverse lettering KaratBars
CASHGOLD
KaratPAY
0,1g
No currency.
For KaratPAY use only.
WARRANTY OF CERTIFICATION
Fineness Gold 999.9 Weight 0.1g
Cert.-No: HS43526292
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Comments

Karatbars International GmbH, a Stuttgart-based multilevel marketing company, launched CashGold in 2016 as a supposedly spendable currency alternative — a polymer note embedding a small fine gold wafer. The premise was that consumers would use these as everyday transactional instruments. No major retailer ever accepted them as such.

The embedded gold content is real. The monetary concept was not. Karatbars later pivoted aggressively into cryptocurrency with "KaratCoin," and several national regulators — including authorities in France, Germany, and multiple African states — issued public warnings about the company's business model. This note belongs more to the history of financial marketing than to any monetary system.

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