Dealers to reject Minnesota clients

Posted on July 1, 2014 by Pat Heller

The nation's coin dealers are saying no to Minnesotans. Their choice is to reject these clients or comply with a draconian new state law.

It might surprise some that it has come to this, but there has been a long lead time in reaching this point of decision to stop doing business with people in the Land of 10,000 Lakes.

Last year the Minnesota legislature and governor, in response to what were considered a large number of incidents of coin dealers taking advantage of customers in that state, enacted what was supposed to be a consumer protection solution. That law took effect on Tuesday, July 1.

Minnesota Bullion Law – Download [PDF]

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