Silver can make an excellent retirement investment when considered in an IRA-eligible account, providing long-term growth, protection from inflation and tangible value compared to paper investments.
Investors should select an established IRA silver company with products approved by the IRS and an insured depository facility for secure storage of their precious metal assets.
Mexican Silver Eagles
Silver IRAs (sometimes referred to as Precious Metals IRAs) are Individual Retirement Accounts that enable investors to invest in physical silver bullion bars or coins for tax-deferred or even tax-free growth depending on which IRA type (Tax-Free Roth or Traditional IRA).
Silver bullion coins and bars are among the most widely held investments eligible for an Individual Retirement Account (IRA). To meet IRS standards for eligibility, these must be produced and manufactured at a sovereign government mint and meet certain purity requirements set out by them.
The American Silver Eagle coin is an attractive option, being the official silver bullion coin of the US. Additionally, America the Beautiful series comprises 56 coins that represent each state and territory within US borders.
Johnson Matthey Silver Bars
Johnson Matthey provides silver bars in one-, five- and 10-ounce weights which are eligible for inclusion in an Individual Retirement Account (IRA). Each bar features detailed artwork on its surface along with an attractive finish and serial numbers to authenticate ownership.
Silver is another popular precious metals IRA choice, although its more wallet-friendly price point makes it easier for many investors.
Instead of offering proof coins, slabbed numismatics, and collectible coinage as eligible investments for an IRA, all eligible silver must be investment grade bullion. That means the metal must be 99.9% pure and manufactured at an approved government mint or privately certified refiner/assayer/manufacturer accredited/certified by NYMEX/COMEX, LBMA, NYSE/Liffe or ISO 9000 for certification/accreditation purposes. Examples of IRA-eligible silver coins include American Silver Eagle, Perth Mint Australian Silver Kookaburra coins from Perth Mint as well as Austrian Silver Philharmonic coins that feature new designs annually as compared to its gold counterpart counterpart.
British Silver Britannia
British Silver Britannia coins have earned widespread renown for their beauty and purity. Phillip Nathan designed them with Britannia wielding her trident against an elegant backdrop for maximum impact.
For coins to qualify as eligible IRA investments, they must meet certain minimum fineness standards and come from an approved mint. Furthermore, bars must conform to specific weight specifications while slabbed, certified or numismatic coins do not fall within this criteria.
Self-directed Precious Metals IRAs make investing in IRS-approved silver bullion easy for investors, while our trusted precious metals dealers will offer an impressive selection of eligible coins and bars to choose from. For more information about IRA-eligible silver investments, reach out to one of our partner precious metals dealers now!
Swiss Silver Franc
The IRS only permits certain precious metals to be held in an Individual Retirement Account (IRA), including coins or bars meeting a minimum purity standard and being produced from an official government mint.
Investors looking for silver coins eligible for an Individual Retirement Account can find numerous IRA-eligible silver coins available to them, with popular examples including Canadian Maple Leaf coins, American Silver Eagle bullion coins and Austrian Silver Philharmonic coins being just three such options.
Silver bars are another popular IRA-approved investment. Available in different sizes and produced by respected companies like Johnson Matthey and PAMP Suisse, these silver products make an excellent way to diversify portfolios with high volume silver purchases. To be approved by an IRA, however, these bars must meet certain fineness thresholds set forth by regulators.
New Zealand Silver Kiwi
Silver IRAs offer an excellent way to diversify your retirement portfolio; however, just like any investment they do carry risk. Therefore, it is imperative that you choose an established precious metals IRA company when opening one.
Silver can provide your retirement account with protection against future economic turmoil. Furthermore, you can use your IRA account to purchase other metals like gold and platinum through it.
BGASC is proud to present a limited edition coin featuring New Zealand’s beloved Tokoeka kiwi bird. Plating with black nickel, and filled with one Troy oz of pure silver (containing 1 Troy oz), its reverse features Queen Elizabeth II as its backer while only 5,000 coins worldwide will be produced!
