Acting Texas Comptroller Kelly Hancock Announces Launch of Texas Lone Star Coins and Modern Texas Redback Gold Notes
(AUSTIN) — Acting Texas Comptroller Kelly Hancock today announced the inaugural release of Texas Lone Star Coins and Modern Texas Redback Gold Notes, a new program administered through the Texas Bullion Depository that offers authorized commemorative precious metal products to investors and collectors.
“Texas has a long tradition of independence and fiscal stewardship,” Hancock said. “These new products reflect that spirit, combining enduring Texas symbolism with precious metals of the highest purity. The Texas Lone Star Coins and Modern Redbacks offer Texans and others a unique opportunity to own precious metal products that honor the state’s rich heritage. They are meticulously crafted under the direction of the Texas Bullion Depository and the state of Texas.”
Texas Lone Star Coins and Modern Texas Redback Gold Notes will be made available through the Texas Bullion Depository and through major national coin and bullion retailers. Additional details, including purchasing information, are available at TexasBullionDepository.gov.
Created by the 84th Texas Legislature in 2015, the Texas Bullion Depository is the nation’s first state-administered precious metals depository and operates as a division of the Texas Comptroller of Public Accounts. The new commemorative coin and gold note programs represent the next evolution of the Depository’s mission to provide Texans with secure, transparent access to and storage of precious metals.
“This new program is designed to commemorate the history and spirit of Texas while also introducing a new audience to the services provided by the Texas Bullion Depository,” said Depository Administrator Macy Douglas.
Texas Lone Star Coins
The inaugural 2025 Texas Lone Star Coins feature an iconic design and will be released in three versions:
- 2025 Texas Lone Star 1 oz Gold Bullion Coin
- 2025 Texas Lone Star 1 oz Gold Proof Coin
- 2025 Texas Lone Star 1 oz Silver Bullion Coin
Struck in .9999 fine gold or .9999 silver and produced to the highest minting standards, Texas Lone Star Coins are designed to be timeless, official in appearance and instantly recognizable. While not legal tender, the coins are made from pure precious metals that serve as a store of value.
Each Texas Lone Star Coin features a permanent reverse design showcasing the Texas Official Coat of Arms, an emblem first adopted by the Republic of Texas in 1839. Encircling the design are inscriptions including “THE STATE OF TEXAS,” the year of issue, and “FRIENDSHIP,” reflecting the origin of the name Texas from the Caddo word tejas.
The obverse of the inaugural 2025 release features a detailed relief map of Texas, highlighting the state’s diverse geography — from the Davis Mountains in West Texas to the Coastal Plains and Gulf Coast shoreline. Future releases may introduce new obverse designs, metals and fractional weights beginning in 2026.
Modern Texas Redback Gold Notes
In addition to the Texas Lone Star Coins, the Comptroller’s office announced the Modern Texas Redback Gold Notes, inspired by promissory notes issued by the Republic of Texas in the late 1830s.
Unlike their historical predecessors, the modern Redbacks are crafted with intrinsic value. Each note contains a precise, verifiable layer of 24-karat gold deposited onto a durable polymer substrate. The notes are issued in three weights:
- 5 centigram (cg) — featuring the Texas longhorn, the state’s official large mammal
- 20 cg — featuring the dome of the Texas State Capitol
- 100 cg — featuring the Alamo
Each Modern Texas Redback Gold Note is individually numbered and bears the seal of the state of Texas, along with the signatures of the governor and acting comptroller. Modern Redbacks are collectible precious metal products and are not legal tender.
“These products showcase Texas history, craftsmanship and independence,” Hancock said. “They are designed to endure — just like the values they represent.”
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