Compare Gold and Silver Prices

Compare Gold and Silver Prices

dealer prices in real-time

Silver17.20S&P 5001,964.58
Gold1,231.45Dow16,805.41

Gold & Silver Legal Tender Legislation Status by State

According to Article 1 Section 10 of the Constitution

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.


However, when was the last time you paid for anything in gold or silver?  This table shows the current status of states that have passed or proposed laws to make gold and silver legal tender.

Arizona Passed in Senate April 2013 and the House on April 8, 2013. SB 1439, the Constitutional Tender Act, which allows businesses and the state government to accept payments in gold or silver was eventually vetoed by Governor Jan Brewer.

On February 14, 2014 a new bill (SB1096) passed the Senate by a vote of 18-12 and is awaiting a vote by the House.
Colorado Senate Bill 12-137 killed by Senate democrats in March 2012.
Georgia Introduced February 17, 2009.
Idaho Passed April 2012.
Indiana Introduced January 2013.
Iowa Cited in the news but cannot confirm.
Minnesota Introduced May 2011.
Missouri Passed April 2012.
Montana Rejected by 20 Republicans and  32 Democrats in March 2011.
New Hampshire Introduced January 2011.
North Carolina Introduced March 2011.
Oklahoma Passed in the state Senate on March 11, 2014 by a vote of 37 to 4. Senate Bill 862 (SB862) is now waiting to be voted on by the House.
South Carolina Passed April 2012.
Tennessee Introduced February 2011.
Utah Passed March 2011.
Vermont Introduced January 2013.
Virgina Introduced January 2011.
Washington Introduced January 2012.

Updated April 9, 2013.

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