popular IRA Approved Coins

Gold, silver, platinum, and palladium coins and bars are held in a Self-Directed IRA. However, by IRS standards, they must be brand new, uncirculated, and meet a specific minimum purity level (otherwise considered investment grade).

  • Minimum gold fineness: .995
  • Minimum silver fineness: .999
  • Minimum platinum fineness: .9995
  • Minimum palladium fineness: .9995

Any precious metal product falling outside of these levels, with the exception of the American Gold Eagle coin, is not IRA permissible. For the exact composition of metal and the form of metal (bars or coins), please call to speak with a precious metals specialist today.

With the Taxpayer Relief Act of 1997, the IRS rules for a Gold IRA were set. The IRS approved only a select few precious metals and forms of bullion able to be invested into a precious metal IRA. The four approved precious metals are gold, silver, platinum, and palladium and have to be in the form of bullion, coins, bars, and rounds. Also, the IRS issued requirements of fineness of the precious metal products.

For your consideration, we have provided a list of IRS approved precious metal bullion, coins and bars below.As it pertains to physical storage of your precious metals for your Gold IRA, the precious metal products must be in the possession of an IRS approved custodian or trustee, not the IRA owner.In regards to receiving a distribution, the laws for taking distributions from a Gold IRA are the same as those for a regular IRA. You may liquidate your IRA metals for cash or take physical possession of them, however, either is considered an IRA distribution and will be taxed accordingly.

IRS Approved Gold Products

  • American Gold Eagle bullion coins
  • American Gold Eagle proof coins
  • American Gold Buffalo coins
  • Canadian Gold Maple Leaf coins
  • Great Britain Gold Rose Crown coins
  • Canadian Gold Wildlife Portrait Series bullion coins
  • Austrian Gold Philharmonic coins
  • Australian Gold Kangaroo coins
  • American Gold Buffalo uncirculated coins (proofs not allowed)
  • Gold bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum IRS fineness requirements

IRS Approved Silver Products

  • American Silver Eagle bullion coins
  • American Silver Eagle proof coins
  • Canadian Silver Maple Leaf coins
  • Great Britain Silver Rose Crown coins
  • Canadian Silver Wildlife Portrait Series bullion coins
  • Austrian Silver Philharmonic coins
  • Australian Silver Kangaroo coins
  • Silver bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum IRS fineness requirements

IRS Approved Platinum Products

  • American Platinum Eagle coins
  • American Platinum Eagle proof coins
  • Canadian Platinum Maple Leaf coins
  • Australian Platinum Kangaroo coins
  • Platinum bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirement

IRS Approved Palladium Products

  • American Eagle Palladium coins
  • Canadian Palladium Maple Leaf coins
  • Palladium bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements

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