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"You can't go into CVS and buy things with gold either."

Pedantry: US Gold eagle coins are actually legal tender US currency with a $50 face value.

So while it would be exceedingly foolish to treat an ounce of gold like a $50 coin, you could.

Where this becomes slightly interesting is the $10k limit on foreign currency declarations in international travel ... since these are $50 coins of US legal tender, you should be able to travel with 199 of them (worth about $200k) without declaring anything.


I would be willing to bet you wouldn't get far trying to buy things at CVS with a Gold Eagle. It's likely they've never seen one and will assume you're trying to pull some kind of scam.

Not that I'd be willing to research the point with my own money.

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