Gold and Silver Return to Legal Tender in Florida

Florida has re-designedated gold and silver as legal tender in the state, bringing back a sense of stability and value to the precious metals.

The move is seen as a welcome relief for those who have long cherished the value of gold and silver, and is a nod to the state's rich history.

Gold and silver are finite resources, making their value always present, and reducing inflation by comparison to the U.S. dollar.

The state's decision also increases security by making it harder for counterfeiters to manipulate the currency.

Business owner Stephen Howard, owner of Coinacopia, is excited about the bill and sees it as a chance for Floridians to return to using "real money".

For Howard, collecting coins is more than just a hobby – it's a form of therapy, and he's looking forward to seeing the benefits of this bill.

Coinacopia, the Tampa-based business, has been a staple in the community for years and will continue to sell gold and silver coins.

To be eligible, gold and silver coins must be stamped with the official seal of the U.S. Mint and have a purity level of at least 0.995.

Businesses will have the right to decide whether to accept these coins as payment, but must follow the state's guidelines.

As of July next year, gold and silver coins with a purity level of at least 0.