gold coins in an ira

What Gold Coins Are IRA Eligible?

Gold that qualifies to be used in an Individual Retirement Account (IRA) is a great protection against the effects of inflation on your retirement portfolio, but it is important to be aware of the rules and regulations for IRAs to be able to utilize it efficiently.

The Individual Retirement Account (IRA) or IRA can allow people to make investments in a variety of coins and bars that meet the minimum requirements of fineness established by the IRS. These products may come from national government mints and are also endorsed by NYMEX/COMEX LME, LBMA, LPPM TOCOM, or ISO 9000.

American Eagle

It is the American Eagle gold coin is an investment that's extremely well-liked as well as an IRA-certified coin that features an eye-catching design steeped in the past and symbolism. Its reverse is Augustus Saint Gaudens' classic Liberty design first featured on a double-eagle piece minted from 1907 until 1933 named "Saint Gaudens".

On the reverse, you can see an exquisite male eagle holding an olive branch in his talons, as he flies above an eagle's nest containing the female as well as hatchlings that symbolize family strength and unification. To be eligible for inclusion into an Individual Retirement Account (IRA), bullion coins must meet certain purity standards, be produced by an accredited refiner/assayer/manufacturer, and present brilliant-level condition.

Canadian Maple Leaf

Its gold Maple Leaf coins ideal for investors seeking to diversify their portfolio of precious metals using bullion coin of 1 oz of APMEX's 1oz gold bullion coins backed by Bullion DNA verification - meaning every coin comes directly from the Royal Canadian Mint in as-minted in mint condition.

The reverse of every Maple Leaf coin is Canada's symbol of nationality: a sugar maple leaf. A top inscription reads 'CANADA" and at the bottom it specifies weight and purity levels on each coin.

The Maple Leaf coins feature an Obverse design with Susanna Blunt's profile on the right side of Her Majesty Queen Elizabeth II, on their right side. Alongside that is their face value (50 dollars) and year of issue.

Australian Kangaroo

The kangaroo, an Australian marsupial which hops on its hind legs like an animal on roller skates, is one of the most well-known animals in the world and featured prominently on its coat of arms as the symbol of growth. The animals have tiny feet, forelimbs that are large and a strong tail used as an additional in hopping, or when swimming away from predators.

Kangaroos comprise four major macropod species: eastern, red grey, western grey and antilopine kangaroos; however it could also refer on smaller tree kangaroos or other quadroppeds.

Australian gold coins feature the young portrait of the Queen Elizabeth II, on the reverse side, while their reverse side, referred to as "Kangaroo Coins" - feature the ever-changing image of a kangaroo that alters each year.

Austrian Philharmonic

It is the Austrian Philharmonic coin is one of the most beloved IRA approved gold coins on the market. Made from one troy ounce of 999.99 pure gold, and sporting its iconic Vienna Philharmonic instrument design, the bullion coin is the perfect way to diversify your retirement portfolio of investments.

The Austrian Philharmonic Coin features an illustration of Vienna's Musicverein Golden Hall - which houses the Wiener Philharmonic Orchestra - while the reverse shows a variety of orchestral instruments including violins, harps and basses as well as its weight, fineness and the date of the issue with German inscriptions.

British Sovereign

The British Sovereign gold coin, worth one pounds sterling, is made up of 7.9881 grams of gold with a carat weight and has been in circulation for more than 400 years and was first issued in 1817.

Gold sovereigns are a popular investment due to their affordable premiums over spot gold prices and are easily recognized because of the stunning image of St. George slaying the dragon painted by Benedetto pistrucci from Royal Mint coin engraving fame.

IRS guidelines on eligibility govern the types of bar and coins suitable for inclusion into the Individual Retirement Account (IRA). They must be of certain purity levels in addition to meeting the other requirements.


The Krugerrand coin has been named in honor of Boer the statesman Paul Kruger and South Africa's currency unit is the rand. The obverse of the coin features Kruger's image while on its reverse is depicted the springbok, an antelope type animal, which is considered to be the country's official symbols and was designed by Coert Steynberg.

Krugerrand coins are available not only as bullion-gold coins, but are also available as silver and platinum bullion bullion items that do not qualify to be used in IRA investment accounts. To meet eligibility requirements, precious metals must have an at least 99.9 percent fineness; American Eagle, Canadian Maple Leaf and British Sovereign all fall within this threshold.