Gold coins qualify for inclusion in an Individual Retirement Account (IRA) provided they meet Internal Revenue Service (IRS) guidelines, meaning they contain 99.5 or higher purity levels and come from an official government mint.
SD Bullion offers an extensive selection of IRA-approved precious metal coins. Here is a selection of some of our more popular choices:
Australian Lunar Series Coins
The Perth Mint’s Australian Lunar Silver Series celebrates Chinese zodiac animals by producing limited mintage bullion coins with rotating designs each year and limited mintages, increasing collectibility.
Starting in 1996 with “Year of the Rat/Mouse,” these coins have honored an animal every year since then – starting with “Ox 1997″, followed by Rabbit 1999″, Snake 2000″, Horse 2002″, Sheep/Goat 2003″, Dragon 2004, Monkey 2005” and Pig (2006)!
Australian Lunar gold coins qualify as legal tender with face values, making them eligible for investment within an IRA. Backed by the government and featuring Queen Elizabeth II on one side, rare coin values may fluctuate over time and no guarantee exists that one coin will appreciate in value over time; nevertheless they’re an excellent way to diversify precious metal holdings while taking some risk with their investments.
Austrian Philharmonic Bullion Coins
When it comes to investing in IRA-eligible gold coins, the Austrian Philharmonic stands out. A popular option among those seeking diversification and international currency addition, this coin features two universal themes of beauty and music on it minted with high purity of 99999 purity.
The front side of this coin showcases an intricate pipe organ from Vienna’s famed Musikverein Concert Hall, home of the world-renowned Vienna Philharmonic Orchestra. On its reverse, musical instruments of great beauty provide additional numismatic value that is highly sought after.
Since its introduction in 1989, the Austrian Philharmonic has quickly become one of Europe’s best-selling bullion investment coins. Offered in various denominations including 1 ounce and fractional offerings of 1/4, 1/25 and 1/25 ounces, it provides investors with great value – sold at just a small premium over spot price – as well as providing peace of mind that comes from owning official legal tender coins whose weight and purity are guaranteed by Austria’s government.
American Eagle Bullion Coins
Gold American Eagle coins have long been a favorite choice of investors and collectors alike, due to being eligible for inclusion in retirement accounts via IRS regulations and being backed by the U.S. government as far as their gold content, weight and purity is concerned. While IRS rules prohibit most numismatic coins from being included as investments via retirement accounts, rare coin dealers can sell “proof” versions of Gold American Eagle coins that customers can include into an IRA retirement account.
To qualify as an investment for an IRA, bullion coins must meet minimum purity standards set forth by the IRS; these standards are set at 99.5 fine gold and 99.99 pure silver respectively. Furthermore, precious metal IRA-eligible investments must be kept in an approved depository that guarantees protection of the assets; self-directed IRAs require hiring an independent custodian who understands IRS rules regarding purchasing and storing investments within their IRA account.
Canadian Maple Leaf Coins
The Canadian Maple Leaf gold coin is an ideal way to diversify IRA eligible bullion assets into their portfolio. This coin features the beautiful maple leaf in lifelike depiction with crisp borders and veins created by world-renowned engraver Walter Ott.
Coins and bars produced at national government mints are usually eligible for inclusion in an IRA because they are backed by a sovereign nation, but some private mints produce bullion products which satisfy IRS stipulations for IRA gold; such products usually carry lower premiums than government coins.
Metal investments have long been proven to provide long-term returns, offering you an effective means of safeguarding your retirement. Contact a reputable metals firm like Rosland Capital to learn how you can create an IRA account including precious metals of your choosing – they will assist with selecting an appropriate custodian as well as source the appropriate metals.