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The Internal Revenue Service allows many different types of precious metals to be held in Individual Retirement Accounts.
The following is a list of coins and bullion products that are permitted.
- Gold
- American Eagle coins
- Australian Kangaroo/Nugget coins
- Austrain Philharmonic coins
- Canadian Maple Leave coins
- Bars and rounds manufactured by a NYMEX or COMEX approved refiner/assayer or national
government mint and meeting minimum fineness requirements
- Silver
- American Eagle coins
- Australian Kookaburra coins
- Canadian Maple Leaf coins
- Mexican Libertad coins
- Bars and rounds manufactured by a NYMEX or COMEX approved refiner/assayer or national
government mint and meeting minimum fineness requirements
- Platinum
- American Eagle coins
- Australian Koala coins
- Canadian Maple Leaf coins
- Isle of Man Noble coins
- Bars and rounds manufactured by a NYMEX or COMEX approved refiner/assayer or national
government mint and meeting minimum fineness requirements
- Palladium
- Bars and rounds manufactured by a NYMEX or COMEX approved refiner/assayer or national
government mint and meeting minimum fineness requirements
The following are examples of products that are unacceptable for an IRA
- Austrian 100, 20 & 10 Corona
- Belgian 20 Franc
- Chilean 100 Peso
- British Britannia
- Mexican 50, 20, 10, 5, 21/2, and 2 Peso
- Hungarian 100 Korona
- Rare/Collectable Coins
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- Columbian 5 Peso
- British Sovereign
- French 20 Franc
- Dutch 10 Guilder
- Italian 20 Lira
- South African Krugerrand
- Swiss 20 Franc
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Market Summary
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| Metal |
Last |
Chg |
%
|
|
Gold |
$1531.38
|
$-13.03
-0.85%
|
|
Silver |
$36.194
|
$-1.380
-3.81%
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|
Platinum |
$1828.50
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$-15.00
-0.82%
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Palladium |
$812.00
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$-5.00
-0.62%
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06/10/11 4:15:16 PM CDT |
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