What Gold Bars Are IRA Approved?
IRS allows precious metals to be deposited into self-directed individual retirement accounts (SDIRAs). Collectible investments are generally not permitted; however, an SDIRA can be used for physical gold bullion coins and bars meeting certain purity requirements.
For gold products to meet IRS guidelines, they must meet minimum purity standards and come from a recognized mint or manufacturer. Here are some options that meet this criteria:
American Eagle Coins
As a gold investor, chances are you have heard of the American Eagle coin series. These popular bullion coins are among the world’s best-selling and most recognizably government minted gold coins; each one features a modified version of the bald eagle on its obverse side and are guaranteed by weight purity and face value by the U.S. Government. Furthermore, for investors seeking greater portfolio diversification options the US Mint also provides fractional Gold Eagles such as 1/10th ounce variants by weight purity or face value guarantee from their government counterparts.
American Eagle coins are an increasingly popular way to diversify precious metals holdings within an IRA account, providing investors with pure form gold at a price closer to its spot price than numismatic gold coins do. Furthermore, the US Mint has since 2006 produced Burnished Gold Eagle coins featuring special planchets with matte-like surfaces which allow viewers to more easily see details than Uncirculated coins.
Australian Gold Kangaroo Coins
Gold Kangaroo coins are an attractive investment option for investors looking to add an IRA-approved gold bullion coin to their portfolio. Each coin contains one troy ounce of pure gold and comes in multiple sizes from Perth Mint. Each of the Australian Gold Kangaroos features a special design that honors this beloved animal!
These IRA-approved gold bullion coins feature an effigy of Queen Elizabeth II designed by Ian Rank-Broadley on their obverse side. Each Australia Gold Kangaroo coin bears his or her image and features it prominently.
The reverse side of each coin features an annual changing kangaroo image to represent their iconic marsupial nature and highlight its beauty. For 2018-21, Wade Robinson designed an image depicting one bounding across a creek bed; also included is their P125 mint mark as part of this commemorative piece and an enhanced security feature such as micro-laser engraving for authenticity purposes.
Royal Canadian Mint Gold
The Royal Canadian Mint is well known for their strict purity standards, minting the first ever.99999 gold bullion coins back in 1982. Additionally, gold bars manufactured at this facility meet all minimum purity requirements set out by the IRS and can therefore be included as eligible assets in an Individual Retirement Account (IRA).
Royal Canadian Mint’s 1 ounce gold bar is rectangular in shape and displays their trademark insignia on both sides – one side displays weight and fineness information while on the reverse there is also an identification serial number for every bar.
Do bear in mind, however, that proof coins with intricate craftsmanship and fine finishes do not typically qualify for inclusion in a precious metals IRA due to their collectible status. Therefore, standard bullion coins and bars would make more sense as investments for your precious metals IRA. Furthermore, for optimal security you should store any precious metals approved for inclusion as part of an IRA in a segregated location rather than at the mint or elsewhere – this method ensures your precious metal investment remains protected against theft.
Valcambi Suisse Gold
Valcambi has quickly established themselves as one of the premier Swiss precious metal refineries since 1961 when they initially operated under their original name of Valori & Cambi. Over time, however, their name was shortened to simply Valcambi, now synonymous with quality products and services.
Valcambi’s gold bars come in various weights to meet investors of varying budgets. Valcambi is also well known for their innovative products such as their CombiBar which can be broken up into individual one gram pieces.
Valcambi gold IRA approved bars offer a sophisticated aesthetic, featuring an obverse design displaying weight, fineness, material type, serial number and weight information on one side. On the reverse is displayed an iconic stylized Valcambi logo. Each bar is then packaged tamper-evident packaging along with an assay card verifying its authenticity, weight purity and serial number to provide investors with peace of mind and help protect their investments.
Comments are closed here.