arts
Making gold and silver legal tender up to the governor
By Miami Today
· June 17, 2026
· 2 min read
A bill to make gold and silver coins legal tender in Florida reached Gov. Ron DeSantis’ desk last week. If signed, Florida would join a growing list including 10 other states that have passed similar legislation. The measure would put into state law rules for gold and silver coins adopted by the Dep
Key takeaway The Senate voted 31-1 on the measure, with Sen.
Why this matters in The Miami
In Miami, where international trade and finance are significant components of the local economy, the potential legalization of gold and silver coins as tender could have notable implications. The city's role as a major hub for Latin American and Caribbean communities, which often have experience with alternative forms of currency, could make it an interesting testing ground for this policy. If Governor DeSantis signs the bill, Miami's businesses, particularly those in neighborhoods like Little Havana and Brickell, may need to adapt to the possibility of accepting gold and silver coins as payment. This could also attract new investment in precious metals to the area, potentially boosting the local economy. Additionally, the exemption of qualifying gold and silver coins from sales tax could make Miami a more attractive location for dealers in these metals, further solidifying the city's position as a financial hub.
About this story
Original reporting by Miami Today . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: June 17, 2026 ·
Source: Miami Today ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? A bill to make gold and silver coins legal tender in Florida reached Gov. Ron DeSantis’ desk last week. If signed, Florida would join a growing list including 10 other states that have passed similar legislation. The measure would put into state law rules for gold and silver coins adopted by the Dep
When was this published? This article was first published on June 17, 2026 by Miami Today and curated for The Miami readers.
Who reported this story? This story was reported by Miami Today. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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