Investing in Precious Metals

Aug 10, 2018

Investing in previous metals

Precious Metal may be held in Self Directed Custodial IRA. There are many fine depositories you may select to hold your IRA’s Precious Metal. The IRA Club suggests Delaware Depository Services Company for safe keeping. Please use the depository with which you are the most comfortable.

However, we recognize that some people are committed to taking position. If you are considering that action, you may place your IRA in jeopardy of giving the appearance of co-mingling personal and IRA assets. At the very least you should consider placing the Precious Metal owned by your IRA in a safe deposit box separate from any other asset you may hold. (The above action is not a recommendation.) (If you are considering this action you may consider consulting with your tax professional.)

Allowable Precious Metals

Gold

  • American Eagle Coins (no numismatic value)
  • American Buffalo Coins (no proof or collectible)
  • Australian Kangaroo / Nugget coins
  • Austrian Philharmonic Coins
  • Canadian Maple Leaf Coins
  • Bars and Rounds refined by a certified mint meeting the minimum fineness (gold 99.5%)

Silver

  • American Eagle Bullion and proof coins (no numismatic value)
  • American the Beautiful bullion coins (no proof or collectible)
  • Australian Kookaburra coins
  • Austrian Philharmonic coins
  • Canadian Maple Leaf coins
  • Mexican Libertad coins
  • Bars and Rounds refined by a certified mint meeting the minimum fineness (silver 99.9%)

Platinum

  • American Eagle Bullion and proof coins (no numismatic value)
  • Australian Koala coins
  • Canadian Maple Leaf coins
  • Isle of Man Noble coins
  • Bars and Rounds refined by a certified mint meeting the minimum fineness (platinum 99.95%)

Palladium

  • Bars and Rounds refined by a certified mint meeting the minimum fineness (palladium 99.95%)