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May 4, 2021

Top Gold Coins to Invest In

Top Gold IRA investment coins

The Story

Gold has been in existence for over a thousand years, so the concept of investing in it is not new or uncommon. There are multiple precious metals, such as palladium, silver, platinum, and gold, that an individual can choose to invest into their Investment Retirement Account (IRA). It would help if you were conversant with the eligible gold IRA coins before deciding to invest in them since your IRA has specific quality guidelines.

The Best Gold IRA Coins Which Hold Value

Some of the IRA eligible coins you can purchase include American Eagle Proofs, Canadian Maple Leaf, American Eagle, Gold Canadian Eagle, and American Buffalo. Recently, gold IRA coins have gained popularity, and they have appreciated value over the years. Most investors opt to invest in precious metals because their market is more stable, especially when the investment market is highly volatile.



Listed below are a couple of IRA-eligible gold coins and their features.

Gold American Buffalo

These are globally every investor's top choice of gold coins to invest in.
The US mint produces this coin. It started being minted in 2006.
• The US mint produces this coin. It started being minted in 2006.
• It is 116 inches/ 2.95mm thick
• It has a 1.287 inch/32.70 mm coin diameter
• Its composition is 99.99% gold
• It has a 1oz./31.103g gross weight
• Its gold content is one troy oz./ 31.108g
• It has a $50 face value
• It is IRA eligible

Gold America Eagle

• It has a $50 face value
• The US has minted it from 1986 to present
• It has a 0.113in./ 2.87mm thickness
• The coin’s diameter is 1.287in./ 32.70mm
• It has a 97.67% gold, 5.33% copper, and 3% silver composition
• Its gross weight is 1.0909 oz./33.930g
• Its gold content is 1 oz./31.1035g
• It is IRA eligible

Gold Canadian Eagle

• It has a serrated edge
• It has a radial/bullion finish
• Its diameter is 20mm
• It has a limited mintage
• It has a $10 face value (CAD)
• The Royal Canadian mint issues it
• Its mintage is 7,506
• Claudio D’Angelo is the artist
• It has a 1/4oz.9999 fine gold
• It is in a brilliant uncirculated condition
• It was issued in 2017
• It is IRA eligible

Gold Canadian Maple Leaf

• Its mint mark is not shown
• It has a $50 face value (CAD)
• It has been minted from 1979 to present
• It has a 0.107 in./ 2.733 mm thickness
• It has a 1.181 in./30mm coin diameter
• It has a .9999 composition
• Its gross weight is one troy oz.
• It has one troy oz. gold composition
• It is IRA eligible

Gold American Eagle Proof

• It started being minted in 1986 to present
• It has a 0.113in./2.87mm thickness
• Its coin diameter is 1.287in/32.70mm
• It has a 91.67%gold, 5.33%, and 3% silver composition
• It has a 1.0909 oz./33.930g gross weight
• Its gold content is 1 oz./31.1035g
• It has a $50 face value
• The US mint produces it
• It is IRA eligible

See also
Tidy Gold Vs Dirty Gold: The Ultimate Guide


Why Invest in Gold?



As mentioned earlier, most investors always opt to invest in precious metals, such as gold, when the stock market is not stable. Most individuals are resorting to investing in gold to protect themselves from economic instability and stock market crashes.

The best thing about investing in gold is that its value does not depreciate, and it will always be in demand. It is also worth noting that gold's value increases when the dollar value falls. Having gold can diversify your portfolio, and you can be assured that its value will be maintained based on its historical value.


Read our blog for more information. Our personal favorite is -

Gold and Inflation - A historical Truth


Pricing

Most of the above-listed gold coins have a $50 face value. However, to buy a specific coin, you can give us a call, and we will let you know the price of each gold coin.

IRA Rollover Vs. Investing in The Stock Market

You will have to decide on the type of IRA account you would like to set up a rollover IRA. With a rollover IRA account, you have a wide array of options in investments. Depending on your selected IRA, you may not face any penalties or income taxes, and you can have clarity on retirement assets. However, you may face penalty withdrawals before you are 59 years, but there is an exception to this rule.

Investing in the stock market has its advantages and disadvantages. For instance, it is easy to sell and buy stocks, you can stay ahead of inflation, and when the economy grows, you also grow. The downside of investing in stocks is that you stand a chance to lose everything when the stock market crashes. You also have to be well versed in stocks to know what stocks to invest in, which will take time, and the market has no guaranteed stability.

Therefore, if you would like a more risk-free and safer way to invest, a rollover IRA is the best option for you.

Why People Are Turning to Precious Metal Investments

People resort to investing in precious metals to diversify their portfolio and because the investment market is more stable. These metals cannot be inflated, and they have an intrinsic value. For instance, gold has been around for thousands of years, and it still holds its value. Over the past years, its value keeps appreciating, so it is a reliable place to invest your money.

As mentioned earlier, unlike the dollar, precious metals do not lose value. They can only appreciate value, and they also offer you an excellent balance in your portfolio between your stock assets and physical assets. Another reason why people are choosing to invest in precious metals is that they offer instant liquidity. You can quickly turn them into currency when the need arises.

See also
Clues to Where Gold’s Price Is Headed in 2022 | Birch Gold Group

Gold and Retirement Planning

Having a gold IRA can be termed as an alternative investment. It is worth noting that you will need a broker and a custodian if you intend to have a gold IRA. Often a custodian can be a trust company, bank, credit union, or brokerage firm. Established ones may give you a list of precious metal dealers. However, this is usually your responsibility.

Therefore, you must do thorough research when thinking of gold investment when going over your retirement planning. Before you invest in gold coins or any other precious metals, it would be best to do proper research to make an informed decision..

Top Gold Coins for Investment

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Photo is a selfie of Nathan Rosevear

Nathan Rosevear

Nathan offers insights and reviews around the highest rated precious metal IRA specialists. He is an investor in gold and silver industry.
His passion is helping Americans secure their finances through stable investing and provides such help by blogging valuable information for investors to make sound financial decisions.
Do you want some help figuring out your precious metals Investment? Feel free to give me a call at 604 603 7953.
Let me connect you with the best in the business based on your financial situation and help you save some time and maybe save you some hard earned money.
Nathan Rosevear is not a financial advisor. No financial advise will be given on phone calls. Investors are urged to seek professional advice when necessary.
Gold Investment review is paid to recommend some of the services listed on this website by referring you to the right companies. No additional cost is attributed to the investor.

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