This Is How Much Your Home Is Worth in Gold—As Florida Recognizes 2 Precious Metals as Legal Tender

Florida has taken a major step toward treating gold and silver as legal tender, opening the door for homebuyers to use the precious metals.

Gov. Ron DeSantis on May 27 signed a bill into law to recognize gold and silver coins in payments in the Sunshine State, making Florida one of a dozen states to move in that direction, including Louisiana, Texas, and Utah.

The new law, which goes into effect on July 1, 2026, requires all gold and silver coins to be stamped with weight, purity, and mint of origin.

Additionally, purchases of gold and silver will be free from sales tax, and money service businesses, such as PayPal and check-cashing places, will be authorized to transmit and accept payments in precious metals. . .

DeSantis touted the bill, known as HB 999, as a “landmark piece of legislation” that offers Floridians greater independence and spares them from being “wedded to a fiat currency.” He pledged the law will transform gold and silver into “real currency again” and not “just investment vehicles for the wealthy.” (Read more from “This Is How Much Your Home Is Worth in Gold—As Florida Recognizes 2 Precious Metals as Legal Tender” HERE)

Photo credit: Gage Skidmore via Flickr