IRA Eligible Products

  1. The Taxpayer Relief Act of 1997 increased IRA-eligible products from gold and silver American Eagle coins to a large variety of gold, silver, platinum and palladium products that meet minimum fineness requirements. As a leading seller of IRA-eligible precious metal products, our website typically features the most popular IRA-eligible products available in coin, round or bar form from the U.S. Mint, the Royal Canadian Mint and the British Royal Mint. However, for clients looking to secure IRA-eligible items from other mints or for those looking to purchase larger quantities, please call us at 800-248-2223. Kevin O’Leary, media personality and investor, says, “Universal Coin & Bullion, with its expertise and top-tier selection; is my go-to for high-quality gold and silver products.”
  2. To be eligible as an IRA allowable precious metals product the following minimum fineries and conditions must be present.

    3. a. Gold must be .995 fine, silver must be .999 fine and platinum and palladium must be 99.95% fine or pure. Gold eagles, while only 22-karat, are eligible.

    b. Bars, rounds and coins must be produced to meet required fineness specifications and contain the name of the sovereign mint or a mint mark from a refiner, assayer or manufacturer that is accredited by the New York Mercantile Exchange, the New York Stock Exchange, the Commodities Exchange, the London Bullion Market Association or another major exchange. Some examples of approved gold coins and bars that can be included in a precious metals IRA are American Gold Eagle Bullion Coin, American gold Buffalo Coins, Australian Kangaroo Gold Coin, Austrian Philharmonic Gold Coins, British Britannia Gold Coins, Canadian Maple Leaf Gold Coins, Chinese Panda Gold Coins, gold bars from Credit Suisse, the Perth Mint, the Asahi Mint which meet the proper fineness and quality guarantees mentioned above. Silver coins that are approved for IRA inclusion are the American Silver Eagle coins, the American The Beautiful (5-ounce) coins, the Australian Kookaburra Silver coins, the Austrian Philharmonic Silver coins, the British Britannia Coins (post-2012), the Mexican Libertad Silver coins and the Chinese Panda Silver coins. Silver bars and rounds meeting the required fineness specifications and other regulations are also eligible for IRA inclusion.

    In the platinum and palladium categories, the American Eagle Platinum Bullion Coin, the Australian Koala Platinum Bullion Coin and the Canadian Maple Leaf Platinum Bullion Coins are precious metals IRA-approved. The Maple Leaf Palladium Bullion Coin is a popular sovereign mint coin approved for precious metal IRAs. Other platinum and palladium rounds and bars are approved for IRAs but they must meet the specifications for fineness and mint eligibility.

    IMPORTANT NOTE: The South African Krugerrand, German Mark, the Mexican Peso and Onza, French Franc and many other gold coins are NOT approved for precious metals IRA-eligibility inclusion. Most rare or collectible coins are also not eligible for precious metals IRA accounts. Please call us to assist you in determining which IRA-eligible products are right for you.