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Precious metals for your IRA…..

Since 1997, Gold, Silver, Platinum and Palladium bullion have been approved for IRA investments.

American Gold Eagles are the only gold coins specifically approved for IRA investments. Other gold coins to be eligible as an IRA investment must be at least 99.5% pure gold and be legal tender coins. Two examples of this would be Canadian Maple Leafs and Chinese Pandas.

South African Kruggerands, Mexican 50 Peso’s and old US gold coins (90% pure) are not legal investments for IRAs.

Gold bullion bars that are 99.99% are also legal investments for IRAs. Popular sizes are 1 oz, 100 grams (about 3.212 oz) 10 oz and kilo (32.15 oz) Generally the larger the bar the smaller the markup over spot gold.

American Silver Eagles are also legal investments for IRAs. They are the only silver coin that is legal to invest in IRAs.

Silver bullion bars that are 99.9% are also legal investment for IRAs. The most popular sizes are 100 oz and 1000 oz. Pre-1965 US 90% silver coins are not eligible for IRAs.

Since 2001 J&T Coins LLC has helped set up IRAs for precious metals investors. To learn more about this call J&T Coins LLC at 866-267-6024.

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