Arizona passes gold and silver legal tender bill

But you can’t buy your groceries with silver coins just yet, the bill, SB 1439, still requires the governor’s signature.

The legislation was inspired by Utah’s legal tender law passed in 2011. Arizona’s version would allow Arizona residents to use gold and silver with the same recognition as Federal Reserve notes starting in 2014… assuming of course that your local grocery store is willing to accept your silver coins; the bill does not require anyone to accept gold or silver in payment.