IRA Eligible Silver Coins
Silver coins are often considered safe-haven investments during times of geopolitical turmoil or stock market instability, making them an attractive option to consider for your portfolio. Discover which ones qualify for an IRA account so that you can add them to your holdings and add the silver bullion coins you’ve collected into it.
Precious metals can be added to a retirement account through a Self-Directed IRA. Eligible silver coins and bars must meet IRS fineness standards in order to qualify.
American Silver Eagles
The American Silver Eagle coin is the world’s most beloved silver bullion coin, produced by the United States Mint and guaranteed to contain one troy ounce of pure silver. Each American Silver Eagle complies with US Government-approved fineness standards that qualify it for inclusion into an Individual Retirement Account (IRA).
Silver can serve as an effective diversifier in any portfolio and has many industrial uses that make it an attractive investment in times of economic instability. Like gold, it serves as an effective hedge against inflation that helps preserve your purchasing power during challenging economic periods.
The Tax Payer Relief Act of 1997 allows precious metals to be held in what’s known as a Self-Directed IRA, provided they meet specific fineness requirements set by the IRS. SD Bullion offers coins and bars which qualify as eligible investments for your precious metals IRA.
Canadian Silver Maple Leafs
The Canadian Silver Maple Leaf coin is one of the world’s most recognized and beloved silver bullion coins, manufactured by Royal Canadian Mint and containing 99.99% pure silver. These IRA-eligible coins provide excellent portfolio diversification.
Susanna Blunt created a portrait of Her Majesty Queen Elizabeth II for each coin’s obverse side, and the Canadian government guarantees its bullion purity of.9999 silver.
The Silver Maple Leaf stands out from other silver bullion coins by featuring micro-engraved radial lines and MintShield surface protection to help fight counterfeiting, providing investors with peace of mind when purchasing this well-known coin. At $5 Canadian dollars legal tender value it makes this investment choice all the more appealing; these 1 oz silver bullion coins can be found either sealed Canadian Mint boxes of 500 or mint tubes of 25 coins for easy storage.
Mexican Silver Libertads
Although Canadian Maple Leaves and American Silver Eagles tend to attract the bulk of investors’ attention when it comes to investment-grade silver bullion coins, investors shouldn’t overlook Mexican Silver Libertads. Produced from pure silver produced at Casa de Moneda de Mexico – North America’s oldest mint. These beautiful coins qualify as an investment for retirement accounts (IRA).
The Mexican Silver Libertad features two iconic Mexican national symbols on its reverse. An eagle battling a snake stands for their national coat of arms; meanwhile Winged Victory represents their freedom and independence from Spain by holding up laurel wreath with broken chains as a laurel wreath is displayed behind two volcanoes called Popocatepetl and Iztaccihuatl to complete its design.
Mintage levels for these IRA-eligible coins tend to be considerably lower than for American Silver Eagle and Canadian Maple Leaf coins, making them an excellent addition to any silver portfolio. Proof and antique finish versions of each coin feature frosted angels against polished backgrounds or toned-down portions to give an aged appearance to the coin.
Moose Silver Bullion Coins
Moose silver bullion coins offer an ideal way to diversify a financial portfolio with physical precious metals. Kitco provides an impressive range of IRA eligible silver products including 99.9% pure bars and rounds as well as collectible coins that meet strict IRA guidelines.
The 2012 1 oz Canadian Moose coin from the Royal Canadian Mint’s Animal Portrait Series showcases a proud moose standing proudly among green grass, its powerful antlers and massive fur clearly defined to demonstrate this animal’s strength and stature.
Silver stands out as an investment safe haven, with its price typically increasing during times of economic turmoil or geopolitical unrest, making it a highly valuable commodity to own. Furthermore, its tangible nature enables it to serve as an inflation hedge while being stored safely away in depository accounts; purchases made in an IRA account qualify for tax-free treatment as well.
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