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Small Cap Coin Investors Sue State of Minnesota over Bullion Law
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<p>[QUOTE="medoraman, post: 4936966, member: 26302"]No, its multifaceted. They have to POST a $25k bond to buy or sell any pm. Also, the law defines pm as any item with any amount of pm in it, and the seller legally has to tell the buyer how much pm is in it. How do you do that with an ancient coin, with no standardization? Only solution would be to melt it down. The law effectively outlawed selling ancient and medieval coins in this state.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4936966, member: 26302"]No, its multifaceted. They have to POST a $25k bond to buy or sell any pm. Also, the law defines pm as any item with any amount of pm in it, and the seller legally has to tell the buyer how much pm is in it. How do you do that with an ancient coin, with no standardization? Only solution would be to melt it down. The law effectively outlawed selling ancient and medieval coins in this state.[/QUOTE]
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Small Cap Coin Investors Sue State of Minnesota over Bullion Law
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