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Would you accept Gold and Silver coins?

Would you accept US gold and silver coins at daily spot price by weight for goods or services.

3 Answers

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  • Banger
    Lv 5
    1 decade ago
    Favorite Answer

    No. It would necessitate that I go to school to learn a completely new trade (that of weighing gold, identifying real gold vs. counterfeit, etc.) and that I keep an eye on the spot market. Or, as a business owner, it would require me to hire someone with said skill-- needlessly adding another person to the payroll who wasn't necessary when I was doing business in standard currency.

    Source(s): You asked. I answered.
  • rtfm
    Lv 7
    1 decade ago

    No. I'm not qualified to judge what's real and what's fake and I would have no interest or incentive to learn. I'd rather just accept standard currency.

  • 1 decade ago

    I smell a scam cooking up

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