how to buy gold coins for ira

What Gold Coins Are IRA Eligible?

Gold that's eligible to be used in an Individual Retirement Account (IRA) can provide an effective security against rising inflation within your retirement savings, however you should be knowledgeable about the rules and regulations of the IRA in order to do so effectively.

A Individual Retirement Account, or IRA can allow people to put money into various bars and coins that meet the minimal requirements for fineness set by IRS. They can come from mints of the national government as well as accredited by NYMEX/COMEX, LME, LBMA, LPPM TOCOM or ISO 9000.

American Eagle

The American Eagle gold coin is an investment that's extremely well-liked as well as an IRA-certified coin that features striking design that is steeped in the past and symbolism. Its reverse is Augustus Saint Gaudens' classic Liberty design, first seen on a double eagle coin which was produced between 1907 and 1933. named "Saint Gaudens".

The reverse of the coin shows the stunning male eagle with an olive branch with his talons while soaring over an eagle's nest that houses two hatchlings and a female that symbolize the strength of families and their the unity of. 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

Gold Maple Leaf coins are ideal for investors seeking to diversify their portfolios of precious metals by purchasing bullion coins of one ounce from APMEX's 1 oz gold bullion coins that are backed by Bullion DNA verification - meaning each coin arrives direct from the Royal Canadian Mint in as-minted state.

On the reverse of every Maple Leaf coin is Canada's national emblem: the Sugar maple leaf. On the top, a inscription reads "CANADA" on the bottom is a list of the weight and purity on each coin.

The Maple Leaf coins feature an obverse design featuring Susanna Blunt's left-facing portrait of Her Majesty Queen Elizabeth II on their left side. Alongside that is their worth (50 dollars) and year of issue.

Australian Kangaroo

The kangaroo, one of the Australian marsupial which hops on its hind legs as a roller-skates-riding animal is among the nation's most famous animals as well as featured on their coat of arms, as an emblem of advancement. The animals have tiny forelimbs and big feet as well as a muscular tail, which is used as an additional limb when hopping or swimming to avoid predators.

The four macropods that are known as kangaroos include the species: red, eastern grey, western grey and antilopine kangaroos; however it could be used to refer on smaller tree kangaroos as well as other quadroppeds.

Australian gold coins sport the young portrait of Queen Elizabeth II. They are engraved on their obverse side. Their reverse side, referred to as "Kangaroo Coins" - feature the constantly changing picture of a kangaroo, which changes annually.

Austrian Philharmonic

The Austrian Philharmonic coin is one of the most beloved IRA authorized gold coins available on the market. Minted from one troy ounce 999.99 fine gold and featuring its iconic Vienna Philharmonic instrument design, the bullion coin is an excellent way to diversify the portfolios of retirement investments.

The Austrian Philharmonic Coin features an image of Vienna's Musikverein Golden Hall, which is home to the Wiener Philharmonic Orchestra - while its reverse depicts an array of instruments used in orchestras, including violins, harps and basses along with its weight, fineness as well as the date of its coin's issue in German insignia.

British Sovereign

The British Sovereign gold coin, worth one pound sterling, contains 7.9881 grams of gold with a carat weight and has been in circulation for more than 400 years the first time it was minting, in 1817.

Gold Sovereigns are among the most sought-after investments because of their low cost over the spot price of gold. They can easily be recognized by the striking picture of St. George slaying the dragon created by Benedetto Pistrucci of Royal Mint coin engraving fame.

IRS guidelines on eligibility govern the types of bar and coins suitable for inclusion into An Individual Retirement Account (IRA). They must be of certain standards of purity as well as fulfill other criteria.


The Krugerrand coin has been named in honor of Boer the statesman Paul Kruger and South Africa's currency unit, the rand. On its obverse is Kruger's image while on its reverse is depicted a springbok, an antelope-type animal which serves as one of South Africa's most important national symbol and was created by Coert Steynberg.

Krugerrand coins are available not only in gold bullion coin form They are also offered as platinum and silver bullion bullion items that don't qualify to be used in IRA investments accounts. To be eligible standards, the precious metals should contain at least 99.9 percent fineness; American Eagle, Canadian Maple Leaf and British Sovereign all fall within this threshold.