Gold and Silver Legal Tender States 2025

Not Legal

Legal

State	Legal Tender↑	Additional Details
Arizona	Legal	Two bills declaring legal tender status for gold and silver coins were vetoed despite having passed the state legislature by a large margin. Governor Jan Brewer vetoed S.B.1439 in 2013, and Governor Doug Ducey vetoed a similar bill in 2015.
Indiana	Legal	In 2013, Senate Bill 99 was introduced to declare US-minted gold and silver coins as legal tender and tax-exempt.
Kansas	Legal	In 2013, the House Committee on Taxation passed a bill declaring both the legal tender and tax-exempt status of US-minted coins.
Louisiana	Legal	H.B. 682 was passed with overwhelming support, making Louisiana the second state to eliminate sales tax for gold and silver currency and bullion. Introduced by Rep. Paul Hollis, H.B. 682 was signed into law by Governor Bobby Jindal.
Oklahoma	Legal	On June 4, 2014, Governor Mary Fallin signed into law Senate Bill 862, recognizing gold and silver US-minted coins as legal tender and exempt from state taxation.
South Carolina	Legal	The South Carolina House of Representatives passed a bill declaring gold and silver legal tender on April 11, 2013.
Tennessee	Legal
Texas	Legal	In March of 2017, Sen. Bob Hall introduced SB2097, a bill aimed at establishing a legal tender status for gold and silver including protections from seizure by state authorities.
Utah	Legal	Utah became the first state declaring US-minted gold and silver coins as legal tender. The Utah Legal Tender Act was passed on March 10, 2011, setting the stage for other states to pursue similar legislation.
West Virginia	Legal	By a unanimous vote on March 8, the West Virginia Legislature approved Senate Bill 502, originally introduced by Sen. Craig Blaire (R-Martinsburg), which called for the exemption of taxation on sales of investment metal bullion and investment coins. On March 27, West Virginia Gov. Jim Justice signed the bill into law. The law went into effect on July 1, 2019.
Wyoming	Legal	In 2013, the Wyoming Legal Tender Act was defeated in a 5-4 vote. It was defeated again in 2015. The bill sought legal tender status for US-minted gold and silver coins.
Alabama	Not Legal
Alaska	Not Legal
Arkansas	Not Legal
California	Not Legal
Colorado	Not Legal
Connecticut	Not Legal
Delaware	Not Legal
District of Columbia	Not Legal
Florida	Not Legal
Georgia	Not Legal
Hawaii	Not Legal
Idaho	Not Legal
Illinois	Not Legal
Iowa	Not Legal
Kentucky	Not Legal
Maine	Not Legal
Maryland	Not Legal
Massachusetts	Not Legal
Michigan	Not Legal
Minnesota	Not Legal
Mississippi	Not Legal
Missouri	Not Legal	Senate Bill 735, which modified and created new provisions relating to regulating the use of gold and silver, passed the Senate but died in the House of Representatives in 2024.
Montana	Not Legal
Nebraska	Not Legal
Nevada	Not Legal
New Hampshire	Not Legal
New Jersey	Not Legal
New Mexico	Not Legal
New York	Not Legal
North Carolina	Not Legal
North Dakota	Not Legal
Ohio	Not Legal
Oregon	Not Legal
Pennsylvania	Not Legal
Rhode Island	Not Legal
South Dakota	Not Legal
Vermont	Not Legal
Virginia	Not Legal
Washington	Not Legal
Wisconsin	Not Legal

Eleven U.S. states accept gold and silver coins as legal tender, and more states have either tried to reintroduce gold and silver as currency or are in the process.

The shift is rooted in Article 1, Section 10 of the U.S Constitution, stating that “No State shall make any Thing but gold and silver Coin a Tender in Payment of Debts.”

What Is The Impact of Accepting Gold And Silver as Legal Tenders?

The state laws declaring the shift of gold and silver currency would eliminate capital gains taxes on sales of gold and silver in states that accept the two metals as legal tender.

Several states have by now passed bills eliminating these taxes. If all 50 U.S. states start using gold and silver in place of Federal Reserve notes, the Federal government would no longer be able to control the state’s money.

Gold and Silver Legal Tender States

Here’s a list of gold and silver legal tender states. The list includes the U.S. states that have already implemented the bill and those in the process.

Utah

Utah accepted gold and silver as currency on March 10, 2011, and became the first state after 80 years to make the coins legal tender. The act paved the way for other U.S. states to pursue similar legislation.

Louisiana

H.B. 682 was passed with vast support, making Louisiana the second U.S. state to exempt sales tax for gold and silver currency. The bill was later signed into law by Governor Bobby Jindal.

West Virginia

The West Virginia Legislature approved Senate Bill 502 by a unanimous vote. The bill suggested tax exemptions on investment in metal bullion and coin sales. Gov. Jim Justice signed the bill effective on July 1, 2019.

Arizona

Arizona vetoed two bills to declare legal tender status for gold and silver coins. S.B.1439 was vetoed in 2013, and in 2015 Governor Doug Ducey vetoed a similar bill. HB2014 bill reinforces the residents’ ability to use precious metals and diversify away from paper currency, paving the way for gold and silver as currency.

Kansas

The House Committee on Taxation in Kansas passed a bill declaring both the legal tender and tax-exempt status of US-minted coins in 2013.

Oklahoma

In Oklahoma, Governor Mary Fallin signed a law, Senate Bill 862, recognizing gold and silver US-minted coins as legal tender and exempt from taxation on June 4, 2014.

Texas

In March of 2017, SB2097 was introduced, calling for establishing legal tender status for gold and silver, including safeguards from seizure by the state authorities.

Indiana

Senate Bill 99 was introduced in Indiana, declaring US-minted gold and silver coins as legal tender and tax-exempt in 2013.

Missouri

Senate Bill 98, which suggests income tax deduction for capital gains from the exchange of gold and silver, is up for consideration in Missouri, though a similar act failed in 2013 and 2014.