
State Legal Tender Laws for Gold and Silver: Verified Guide
Quick answer A short list of states have passed statutes that recognize US-minted gold and silver coins as legal tender or removeβ¦
Read guide βΊGold gets the headlines, but silver, platinum and palladium each behave differently: silver carries heavy industrial demand and higher premiums per dollar, platinum trades on autocatalyst and jewelry demand, and palladium is a thin, volatile market best understood before it is bought. Treating them as one interchangeable group is the most common mistake new buyers make.
These guides look at each metal on its own terms: what drives supply and demand, which coins and bars are widely traded, what premiums are normal, and how storage differs when the same dollar amount weighs eighty times more than gold. Start with how to buy silver and how to buy platinum and palladium, and price your holdings with the silver value calculator. Local dealers are listed in the bullion dealer directory.

Quick answer A short list of states have passed statutes that recognize US-minted gold and silver coins as legal tender or removeβ¦
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Quick answer Coins for resale liquidity, rounds for the lowest premium on one-ounce units, and 10 to 100 oz bars for theβ¦
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Quick answer The Peace silver dollar is the last US 90 percent silver dollar, struck from 1921 to 1935 with 0.7734 troyβ¦
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Quick answer The Morgan silver dollar is the classic 1878 to 1921 US silver dollar, struck in 90 percent silver with 0.7734β¦
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Quick answer “Junk silver” is a market shorthand for pre-1965 US dimes, quarters, half dollars, and dollars struck in 90 percent silverβ¦
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Quick answer Gold and silver bullion enters the US duty-free under HTSUS Chapter 71, but must be declared to CBP and, ifβ¦
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The tiny stamps inside a ring band, on the clasp of a chain, or on the underside of a spoon do aβ¦
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β Quick Answer The American Silver Eagle is a 1 troy ounce coin of .999 fine silver struck by the US Mintβ¦
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Quick answer Look at the stamp: PLAT or PT950 is platinum; 14K, 18K, 585, or 750 is white gold Almost every ringβ¦
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Quick answer For most silver lots under 50 oz, a local coin dealer pays more than mail-in after shipping costs Bullion coinsβ¦
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Quick answer Gold moved. That explains most of it. On any ordinary trading day, silver follows gold almost tick for tick. Underneathβ¦
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Quick answer Natural toning is chemistry, not damage. The pattern and color decide whether it adds value or kills it. Silver reactsβ¦
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★ Quick answer Flip it over. Sterling says so. Plate says something else entirely. Genuine sterling silver is always marked at manufacture.β¦
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Quick answer Silver hit an eight-year high near $30 in 72 hours, then fell back as institutional supply absorbed every ounce ofβ¦
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Quick answer Silver spent most of the last 30 years below $20, packing nearly all its gains into two short windows: 2008–2011β¦
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Quick answer Eagles cost more to buy and recover part of that gap at resale. The remainder comes out of your return.β¦
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Quick answer Sovereign coins cost the most and sell the easiest; private rounds hit the premium sweet spot; bars win per-ounce atβ¦
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Quick answer 10 oz and 100 oz are the premium sweet spots; 1,000 oz bars are wholesale objects most private buyers shouldβ¦
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Quick answer Most sterling flatware sells near melt value. Certain patterns command more. Sterling silver is 92.5% pure, so your set’s floorβ¦
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Quick answer Palladium and platinum solve different problems for automakers, and their prices reflect it. Both belong to the platinum-group metals (PGMs),β¦
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Quick Answer Platinum fell below gold around 2014-2015 and has remained at a discount ever since. Three structural forces drove the reversal:β¦
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β Quick answer Palladium has crashed twice: once when Russian supply returned, once when electric vehicles eroded demand Palladium spiked above $1,000β¦
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Quick answer Junk silver is pre-1965 US 90% silver coins priced near melt value Junk silver means circulated US dimes, quarters, andβ¦
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Quick answer Six home tests, ranked: weight is cheapest and strongest, specific gravity is most reliable Real silver has a specific gravityβ¦
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