What Silver Coins Are IRA Eligible?
OWNx offers fractional ownership options that enable investors to invest in smaller portions of IRA-approved coins and bars while still benefiting from tax deferment.
Numerous popular silver coins qualify for inclusion in an Individual Retirement Account (IRA), such as the one troy ounce American Silver Eagle coin emblazoned with its iconic eagle design. Other options available to investors include Silver British Britannia coins and Australia Silver Kangaroo coins.
American Silver Eagle
The American Silver Eagle is one of the world’s most beloved silver bullion coins, boasting one troy ounce of.999 pure silver. Each coin bears an face value of $1 and features Adolph A. Weinman’s classic Walking Liberty design on one side while on its reverse John Mercanti created an heraldic eagle displaying an olive branch and arrows as part of its reverse side design.
Silver coins that qualify for your IRA must meet stringent IRS purity and storage requirements, so it is wise to research any product before making your purchase. Many leading precious metals dealers provide lists of approved silver products such as coins and bars which meet this standard.
Canadian Silver Maple Leaf
The Silver Canadian Maple Leaf coin is one of the most sought-after coins for inclusion in precious metals IRAs, meeting IRS minimum purity requirements and issued from an official national government mint. Furthermore, when purchased through an accredited precious metals custodian it becomes eligible to be stored within your IRA account.
Arnold Machin has designed Her Majesty Queen Elizabeth II’s portrait for this coin’s obverse, while its reverse features an iconic image of Canada’s namesake tree, the Maple Leaf. These bullion coins come packaged in tubes of 25 and include micro-engraved privy marks to deter counterfeiting – making this investment safe as well as secure your retirement savings!
Austrian Silver Philharmonic
The Austrian Silver Philharmonic coin is an attractive choice for your Precious Metals IRA due to its popularity and high liquidity. Like gold coins, IRS rules require that eligible silver bullion be produced with high purity levels to meet eligibility standards for an IRA account.
Numismatic and collectible coins with historical or cultural value often do not meet the purity criteria necessary for an IRA account, however if you purchase Austrian Silver Philharmonics from APMEX to store in your Precious Metals IRA then you can rest easy knowing you have invested in an eligible product.
British Silver Britannia
The British Silver Britannia coin has become a top pick among many precious metal investors due to its high silver content and timeless design. This coin features Her Majesty Queen Elizabeth II as its focal figure on one side and features her traditional shield, helmet, and trident on its reverse.
Britannia coins produced prior to 2013 do not qualify for retirement account eligibility according to IRS standards of purity; only those produced after 2013 meet this criterion and qualify.
APMEX offers several bulk sizes of Silver Britannia coins packaged in protective tubes designed to help shield them from scratches or damage, making them simple and easy to store or organize.
Australian Silver Kangaroo
The Australian Silver Kangaroo coin is an eye-catching one ounce pure silver bullion coin featuring a detailed depiction of Australia’s iconic marsupial in mid-leap as well as its purity of.9999 silver on its reverse side.
On the obverse side of this coin is Her Majesty Queen Elizabeth II – a common feature on coins produced by both Royal Mint and Perth Mint.
GoldCore provides Perth Mint Silver Kangaroo coins in tubes of 25 and boxes of ten tubes known as monster boxes, providing investors with an ideal way to diversify their precious metals portfolios. GoldCore also offers Brilliant Uncirculated condition coins – making these precious metal investments perfect additions.
Australian Silver Koala Bear
Introduced by the Perth Mint in 2007, the Silver Koala coin series has quickly become one of the most coveted Australian Silver coins. Each year features an eye-catching new design for this 1 oz coin that makes them highly collectible and unique silver bullion coins.
Koala bears are arboreal mammals native to Australia. Although often mistakenly identified as monkeys or bears, koalas are actually marsupials related to kangaroos and wombats.
Due to strict IRS purity requirements, only a select few silver coins qualify for inclusion in an Individual Retirement Account (IRA). Fortunately, most precious metals dealers provide clear indication of these products on their websites so you can view a comprehensive listing of IRS-approved silver coins that can be included.
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