Missouri, Texas and other states have passed bipartisan laws designed to make it easier for consumers to spend their gold ...

Kansas In 2013, the Kansas Committee on Taxation passed a bill declaring U.S.-minted coins as both of legal tender and tax-exempt. Oklahoma Oklahoma's Senate Bill 862 recognized gold and silver U ...

Kansas In 2013, the Kansas Committee on Taxation passed a bill declaring U.S.-minted coins as both of legal tender and tax-exempt. More: Louisiana may soon recognize silver, gold as currency ...

11 states around the country currently allow gold and silver as legal tender, including Louisiana, Texas, South Carolina and West Virginia. Patronis said he wants to add Florida to that list.

The Florida bill states that gold coins must have 99.5% purity and silver coins must have 99.9% purity to be recognized as legal tender.

But the penny will still remain legal tender, and will still be in use at thousands of retailers around the country for sometime to come.