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What are legal tender coins?

April 26, 2017Coins Legal tender

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What are legal tender coins?

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Governments issue legal tender coins. The US, Canadian, Austrian, Australian and South African Governments mint gold, silver, platinum and palladium coins. Legal tender coins are believed to have the full-faith and backing of the governments that produce them. Legal tender coins are internationally recognized, dependable forms of financial liquidity, difficult to replicate and desired for their beauty and craftsmanship.