Quote:
Originally Posted by Varius
If you guys do some research, you'll see many coins printed by Franklin Mint for over 40 years now have been approved as legal tender. If they are based on their metal value, then why wouldn't they be ??
The only one I know of that isn't approved is the Liberty Dollar, because it's 1 ounce of copper which is only worth about 25 cents and they try to have it as a $1 coin. So it's not legal tender but still counts as currency as over 10,000 US retailers state they accept it.
So those claiming the SS coin cannot be legal tender, do your research better  |
The coins that the Franklin Mint puts out are NCLT's, and are not considered legal tender in the almost every country out there -- including the United States -- and are only "legal tender" in small countries in which they were 'originally' intended and printed for. The coins worth has absolutely nothing to do with it being accepted as legal tender in the US.