Minnesota Law - Bullion Coin Invoice

Mail from Marc Breitsprecher to our member Ed Waddell, August 13th, 2014:

Hi Ed,

I have attached a copy of the "bullion coin invoice" that I developed to meet the standards of the law and thought you might be interested. I think all dealers and collectors need to be vigilant as the Minnesota Attorney General, Lori Swanson, plans on spreading this to other states....she feels it's landmark legislation.

Here in Minnesota there were only a small handful of dealers who said a word about this. Collectors were silent and most dealers were silent. Part of the problem was that the legislature kept the entire thing as quiet as they could and then passed it through both houses and got it signed by the governor in 3 days. There were no alerts sent out by the numismatic community and other than Gary Adkins, the ANA knew nothing about the law even after it passed. I called them and they had no idea what I was talking about. The only response came from Ebay who sent their attorneys to Minnesota with a bushel of cash and successfully carved out an exemption for themselves. Money bought Ebay a voice in committee while my voice as a citizen was ignored by our "representative"Republic.
All the best, Marc

Minnesota_Law_-_Bullion_Coin_Invoice_VCoins_with_ID_number

Wednesday, August 13, 2014

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