Your IRA may invest in one, one-half, one-quarter, or one-tenth ounce U.S. gold coins, or one-ounce silver American Eagle coins minted by the Treasury Department. The same is true for certain platinum coins and certain gold, silver, palladium, and platinum bullion.
What is a bullion coin?
A bullion coin is a coin that is valued by its weight in a specific precious metal. Unlike commemorative or numismatic coins valued by limited mintage, rarity, condition and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in the gold, silver, and platinum markets. American Eagle Gold Bullion Coins are available in four denominations: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce while the American Eagle Silver and Platinum Bullions Coins are only available in one ounce.
What is proof?
The term "proof" refers to a specialized minting process.
Each coin also comes with an official Certificate of Authenticity. American Eagle Proof Coins sell at a fixed price and can be purchased directly from the United States Mint. American Eagle Gold Proof Coins are available in the following options: one ounce, one-half ounce, one-quarter ounce, one-tenth ounce and four coin sets, which contain one coin of each denomination. The American Eagle Platinum and Silver Proof Coins are only available in the one ounce size.
How did the coins get their image; what is the history?
In 1986, the Augustus Saint-Gaudens’ depiction of Liberty was selected as the design for the front of the American Eagle Gold Coins. The Saint-Gaudens design first appeared on the United States $20, or double-eagle, gold piece in 1907, where it remained until 1933. Like gold coins, American Eagle Silver Coins have been produced and sold in both proof and bullion finishes since 1986. They have always featured a rendition of sculptor Adolph A. Weinman's Walking Liberty design, which was originally designed and produced for the Nation’s first circulating half-dollar coin in 1916.
The U.S. Mint is the nation's sole manufacturer of legal tender coinage and is responsible for producing and circulating coinage for the Nation to conduct its trade and commerce. The U.S. Mint also produces numismatic products, such as proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. The U.S. Mint’s numismatic programs are self-sustaining and operate at no cost to the taxpayer.
You can visit two United States Mint facilities located in: Philadelphia
For more information on the process of investing in American Eagle Coins in a self-directed IRA, call our Client Service Team at 888-382-4727.