Utah Makes Scrooge McDuck Money Bins A Possibility

Those who dream of constructing giant towers filled with gold and silver coins in which to swim, and doing so with the knowledge that their coins are as good as cash, may want to look at moving to Utah. The state has pushed through legislation that makes gold and silver coins legal currency.

According to the AP, Utah is the first state to make gold and silver coins legal tender. Sweetening the prospect of investing in gold and silver, the law exempts the sale of the coins from capital gains taxes.

Minnesota, North Carolina, Idaho and at least nine other states are all considering similar legislation.

Gold, silver coins to be legal currency in Utah [AP via Google]