Lawsuit challenges Texas' ability to issue commemorative coins

By Kim Roberts The Texan, Austin Thursday, April 16, 2026 A recent federal lawsuit doesn't dispute the value of a gold bullion coin, but questions who has the right to put the image of Texas on its face. Texas Precious Metals, a Texas company based in Shiner with its own private precious metal bullion brand, has sued Acting Comptroller of Public Accounts Kelly Hancock for infringing on its intellectual property rights and exceeding his statutory authority in operating the Texas Bullion Depository by offering its own gold and silver coins. ... Dispatch continues below ... ... ADVERTISEMENT ... Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:  http://www.goldmoney.com/?gmrefcode=gata A preliminary injunction hearing is scheduled for April 16 in the U.S. District Court in Austin with U.S. District Judge David Ezra presiding. Tarek Saab, the chief executive officer and co-founder of Texas Precious Metals, believes that the case is fundamentally about the state's involvement in for-profit enterprises. ... ... For the remainder of the report: https://thetexan.news/judicial/texas-gold-lawsuit-challenges-states-ability-to-issue-commemorative-coins/article_65fff464-1486-4852-af56-ef486b15ccac.html * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://tinyurl.com/3xt6uw66 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png