
Announcing the Next Two Goldback State Series!
We’re thrilled to unveil the next two states joining the Goldback movement: Oklahoma and Arizona!
These states have demonstrated a strong commitment to sound money principles, with Arizona ranking #11 and Oklahoma at #15 on the Sound Money Index—making them strong candidates for a Goldback series.
According to Citizens for Sound Money, both states have active legislation that supports the use of gold and silver as currency.
Oklahoma’s Legislation
With SB 862, Oklahoma has already recognized gold and silver U.S.-minted coins as legal tender, exempting them from taxation. Lawmakers continue to advance bills in support of sound money, including:
- SB 33 – Establishes the Oklahoma Bullion Depository for secure gold and silver storage.
- SB 284 – Allows public and private debts to be settled in gold and silver.
- HB 1199 – Recognizes gold and silver as legal tender and removes state taxes on precious metals.
- HB 1197 – Expands the State Treasurer’s ability to handle gold and silver transactions.
Arizona’s Legislation
Arizona has been ahead of the curve in restoring gold and silver as functional currency. The state previously passed HB 2014, which removed capital gains taxes on precious metals and recognized them as legal tender.
Now, lawmakers are pushing SB 1096, a bill to create the Arizona Bullion Depository—a secure storage facility that could support gold- and silver-backed transactions.
More Details Coming Soon
While the release dates haven’t been announced yet, Oklahoma and Arizona Goldbacks are on the way! These new series will give residents more ways to spend and trade gold, aligning with each state’s commitment to sound money.
Stay tuned for more updates!
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