“Minnesota has passed legislation that would regulate bullion coin dealers. But it has coin dealers and coin club officials scratching their heads over just what it means and how to comply. Implementation of the bill will have the effect of licensing bullion coin dealers in the state. Bullion coin dealers will be subjected to registration as of July 1, 2014, with the state commissioner of commerce at a fee of $25 for a bullion coin dealer and $10 for his representatives. The legislation defines ‘bullion coin’ as any coin that contains ‘more than one percent by weight of silver, gold, platinum, or other precious metals.'”

http://www.economicpolicyjournal.com/2013/08/minnesota-starts-to-regulate-and-track.html

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