Which states allow gold and silver as legal tender
HalfDime
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which states allow gold and silver as legal tender
Several states in the United States have passed legislation recognizing gold and silver as legal tender. As of March 2025, the states that allow gold and silver as legal tender are:
Utah: The first state to declare US-minted gold and silver coins as legal tender through the Utah Legal Tender Act passed on March 10, 2011
Louisiana: Passed H.B. 682, making it the second state to eliminate sales tax for gold and silver currency and bullion
Oklahoma: Signed Senate Bill 862 into law on June 4, 2014, recognizing gold and silver US-minted coins as legal tender and exempt from state taxation
Texas: Introduced SB2097 in March 2017, aimed at establishing legal tender status for gold and silver
Arizona: Passed HB2014, which allows gold and silver as legal tender
Arkansas: Passed Bill 1718, recognizing gold and silver as legal tender
Missouri: Recently introduced new bills to remove state capital gains taxes on precious metals
It's worth noting that while these states have passed legislation recognizing gold and silver as legal tender, the practical implementation and widespread use of precious metals for transactions may still be limited. Additionally, many other states have taken steps to encourage the use of precious metals by eliminating sales taxes on gold and silver coins, with 43 states having done so as of early 2025.
Comments
Federal gov declared its gold and silver coins legal tender when they stamped a dollar value on them
Freedom is like inflation: you lose 2-3% every year. Slow enough that you don't even notice.
I accept all gold and silver at face value.