Silver IRA Coins
Energy technologies, medical equipment, jewelry, industrial tools – the uses for silver are many, as are the reasons to invest in silver IRA coins. Despite the fact economic market conditions are scarily unstable, silver IRA coins can be relied on as a hedge against inflation. A widely traded monetary metal, silver is favored by investors around the globe, due to the fact it can safeguard the investor from inflation. IRA account owners can enjoy a great deal of control over their precious metal investments, and so long as the assets meet IRS regulations, they can be held in an IRA.
Which silver IRA coins should I be investing in?
In order to qualify for your IRA:
- The silver must have a fineness of .999, or 99.9 purity
- Your silver must be held by your custodian in a secure depository. We do not recommend home storage due to IRS regulations.
- IRA contribution limits apply
- If you already own silver in your possession, you cannot add it to your Silver IRA
Avoiding Counterfeit Silver
Spotting fake silver coins and bars is actually quite easy and it could save you a great deal of hassle during times of economic uncertainty. Carry out a few tests, such as the magnet test, ice cube test, bleach test, dimensions test, and visual test to determine if the coin is struck with IRA approved silver. There are a number of “counterfeit proof” coins in circulation. These coins have a special privy mark on the edge that are impossible to fake. Goldco offers a number of exclusive coins with the privy mark, including the Silver Britannia Lunar Year of the Rooster Privy and the 20th Anniversary Britannia Privy.
Finding a Trustworthy Silver Dealer
As a prospective buyer of IRA approved silver, you should not rush into buying precious metal products from the first dealer you come across. Always be careful when buying silver on the Internet, because if you do not research the dealer first, you may at be at risk in working with less than honest dealers.
Seeking financial advice from one of Goldco’s experts will ensure that you find the best IRA approved silver for your portfolio. Contact the team to set up your account today.
Silver IRA Coins
Millions of investors are turning to Silver IRA coins in search of safer long-term asset. However, only certain types of silver coins are permitted. Speak with a IRA expert at 855-GOLD-IRA (855-465-3472) to learn more about the rules for tax-free silver contributions in your retirement account. Getting started is simple. We’ll show you the three easy steps that can put you in control of your financial security by storing physical silver in your IRA.
Preferred Silver IRA Coins
Silver American Eagle
The Liberty Coin Act of 1985 gave way to the possibility of a domestic source for Silver Bullion coins that had not been available to investors. On October 29, 1986 Secretary of the Treasury James Baker pressed the button at the San Francisco mint to strike the first Silver American Eagle.
2017 Silver Britannia Lunar Year of the Rooster Privy
A Goldco Exclusive. A symbol of unity, strength and liberty, Britannia has been represented on coinage for almost 2,000 years. In 1987, esteemed sculptor Philip Nathan created a design that was to become the classic Britannia. He presented the iconic Britannia with a strong maritime influence, standing windswept in a classical gown, waves at her feet; trident, shield and olive branch in hand. His elegant and instantly recognizable Britannia still endures more than 25 years later.
Proof Silver American Eagle
Silver American Eagle Proof coins are uncirculated, collector versions of the official United States bullion coins and are only available in the one ounce size. They’re minted at the United States Mint at West Point and bear the “W” mint mark.
Other Coins Approved For Silver IRAs
Although Silver American Eagles are the preferred coin by Silver IRA investors, there are several other coins that meet the requirements for including them in your Silver IRA account.
Silver Canadian Maple Leaf
Were first minted in 1988.
Minted at the oldest mint in the UK.
Silver Mexican Libertad
Minted at the oldest mint in North America.
Silver Australian Kookaburra
First produced in 1990.
Silver Arctic Fox
Minted in Canada.
Other Coins Not Approved For Silver IRAs
Below is a list of coins and bullion that are not approved for silver IRAs.
Starting Your Silver IRA is Easy
Contact us at (865)465-3472 to start your silver ira account.