For the purposes of the code, gold coin or silver coin that is legal tender pursuant to s. 215.986 is not tangible personal property. Precious metals in any tangible form, which are not legal tender pursuant to s. 215.986 and which are kept and acquired for their historical, artistic, collectible, or investment value apart from their normal use as legal tender for payment, are tangible personal property.

This section is effective on July 1, 2026, for decedents dying on or after July 1, 2026. Section 1, chapter 2020-67, Laws of Florida, applies to decedents dying before July 1, 2026.