In regards to a precious metals IRA, it is not so easy to invest in any type of coin or collectible. The Internal Revenue Service (IRS) announced strict rules pertaining to what types of precious metals are allowed in an IRA. As a matter of fact, many common gold bullion coins and gold bullion bars are not eligible for gold investing in an IRA due to the fact that they do not meet the purity prerequisites set by the IRS. The purity grade has to be at least 0.995 for gold, at least 0.999 for silver, at least 0.9995 for platinum and at least 0.9995 for palladium.
Listed below are the precious metals (gold, silver, platinum and palladium coins and bars) that you can safely invest for your retirement plans:
IRA Approved Gold Bullion Coins and Bars
(.995%+ Purity Level Required)
American Gold Eagle coins
American Gold Buffalo coins
Australian Gold Kangaroo/Nugget coins
Austrian Gold Philharmonic coins
Canadian Gold Maple Leaf coins
Credit Suisse Gold Bars
Johnson Matthey Gold Bar
Valcambi Gold CombiBar
IRA Approved Silver Coins and Bars
(.999%+ Purity Level)
American Silver Eagle Coins
Australian Kookaburra Silver coins
Austrian Philharmonic Silver coins
Canadian Silver Maple Leaf coins
Mexican Silver Libertad coins
Johnson Matthey Silver Bar
Royal Canadian Mint Silver Bar[/alert]
IRA Approved Platinum Coins and Bars
(.9995%+ Purity Level)
American Eagle Platinum bullion coins
Australian Koala Platinum coins
Canadian Maple Leaf Platinum coins
Isle of Man Noble coins
IRA Approved Palladium Coins and Bars
(.9995%+ Purity Level)
Canadian Palladium Maple Leaf coins
Russian Ballerina Palladium coins
Baird Palladium bars
Credit Suisse Palladium bars