worldtradepress.com
Gold Gold may be freely bought, held, or sold in any form, domestically or abroad, with the exception of certain sanctioned countries. Commercial banks may deal in gold bullion and gold coins. A license is not required by importers, exporters, refiners, or processors of gold. US gold coins are legal tender at face value. Commercial imports of gold jewelry are free of quantitative restrictions, but are subject to an import duty. There is no duty on gold ore, bullion, or coins, although all forms must be declared to customs.
Not the definitive source, but I'll accept it.
Hutch...
ark-of-salvation.org
Try this one DoubleD.
The United States Constitution demands (to this day) that the only "legal tender" in this country be gold and silver coin (look up: Article I, Section 10, Clause 1). "Legal tender" means the form of money which you are entitled to demand, under the law, as payment of debts. Thus, gold coins are legal tender--if you can find any! But things like television sets, automobile tires and chickens, are not. If someone wants to pay you in chickens, and you agree, then all's well. But you can't be forced to accept chickens as payment of a debt. You can be forced to accept gold coins. If you can find any! |
