Popular Gold Coins in IRAs
Gold coins have been and continue to be an integral part of smart investing. However, there are certain tips and tricks that can help you to stay ahead of other investors when investing with gold coins.
Focus on the Americas
Generally speaking, coins that originate from the United States and Canada are easier to buy and sell. Additionally, the United States Mint guarantees the gold content and purity produced by American Eagle. These coins can be easily added to IRAs.
Purchase from a Reputable Dealer
Unfortunately, counterfeiters love to try to replicate real gold. Make sure that you purchase coins from a reputable dealer and not someone who advertises cheap gold for sale online. If you use a gold IRA, your broker can assist you with choosing a reputable dealer.
Like virtually every other commodity on the market today, you may experience a range of prices for seemingly similar amounts of gold. The United States Mint website features a tool to locate dealers across the country, making it easier than ever to locate and contact multiple dealers in just minutes. This helps you to get the best price with the lowest premium added on to the base price of the gold.
Buy Bullion Coins
American Eagle and Canadian Gold Maple Leaf gold coins are bullion, meaning that they are different than the coins that collectors search for in droves. While many collector coins are worth a substantial amount of money, they are subject to a range of price points based on a number of factors. Bullion coins retain their value at a steadier level than collectors’ coins.
Gold American Eagle Coin
The American Gold Eagle Coin was first issued in 1986 by the U.S. Mint. It has since risen to the rank of #1 for gold bullion investments as its weight, content, and purity are guaranteed by the U.S. government.Read More
Gold Canadian Maple Leaf Coin
With a rating of 99.99% pure gold, Gold Maple Leaf coins are one of the purest gold coins of regular issue in existence. Canadian Gold Maple Leaf Coins contain virtually no base metals.Read More
Silver American Eagle Coin
First issued in 1986, American Silver Eagle Coins are struck solely in 1 troy oz. denominations. Having the nominal face value of one dollar, American Silver Eagle Coins are assured to possess one troy ounce of 99.9% pure silver.Read More
Silver Canadian Maple Leaf Coin
Containing 99.99% pure silver, Canadian Silver Maple Leaf Coins are one of the purest silver coins in the world.Read More
Buy One-Ounce Coins
Although gold coins are sold in different denominations, it makes sense to purchase your coins in the one-ounce size. This is because you may be charged a hefty premium for coins that are lighter than one ounce. Therefore, it is usually less expensive to purchase 100 one ounce coins than 200 half-ounce coins due to the premium differential.
Currently, Proof American Eagles are the only collectible coins allowed by the United States government for Individual Retirement Accounts. Due to their numismatic significance, these coins carry numismatic and/or scarcity value. Only a limited number of proof coins are struck, and certain years have been known to sell out soon after being issued.
Proof GOLD American Eagle (Set)
Proof SILVER American Eagle
Each Proof Eagle comes in a beautiful, dark blue velvet presentation case with an official U.S. Mint Certificate of Authenticity. This certificate outlines the United States government guarantee of the coin’s gold content, weight and purity.