E-Bay Order Cancelled Because I Live In Minnesota

Whichever legislators proposed and passed that bill ought to be recalled/voted out ASAP.

look the stated purpose behind the law is actually not bad its just a stupid implementation. The law was designed to protect Minnesota residents against Minnesota boiler rooms selling garbage ['bullion'] for 10 times what it's worth. The late night phone call, "have you considered putting a portion of your assets into silver as a protection against the end of the world?"

And yes with that kind of protection the big dealers were behind it because they figured they were chasing the loons out of the business that they wanted to be in.

Then the law uses the legal principle of Nexus to include not only Minnesota companies but companies that have a business presence in Minnesota.

but wait there's more - the stuff that these lunatics are selling isn't really silver so if we regulate bullion we're not actually regulating them so let's make sure that anything that even has the smallest amount of silver in it is regulated.

And wait there's more let's call it coin show a nexus afterall you're physically in our jurisdiction.

So now through a combination of law written by people who really don't understand what they're regulating and regulations written by people who really don't understand what they're regulating... We arrived at our present drama.


But there is a very simple solution: we should pass a law that allows laws to be written only by people with first hand knowledge of what the law covers.

problem is it DOESN'T use Nexus. If you are a company that has no physical presence in the state, and you don't set up at shows in the state, but you buy or sell by mail order over $5,000 a year to MN residents they try to apply this law to you.

They can try all they want... The problem is is that they can't enforce it without running afoul of the interstate commerce clause...

Problem with laws like these is that they are feel good laws and will do nothing to address the problem... Just curious what motivation did the State Rep. and State Sen. who wrote this law benefited from it... You should contact your Federal Rep.'s about this law and see what they have to say...

Or you MN collectors could ban together and hire an attorney to fight the law...

This should be brought to a district court. This law is unconstitutional and should be repealed. Although, the feds probably have more "important" matters to address before this "unimportant" case.

From the land of Franken, shock and surprise there. SMDH

One coin? No. $5,000 in the course of a year... Yes.

http://mn.gov/commerce/licensees/bu...truction.jsp