Gold Bullion Coin
Household investors’ whose budgets can’t handle rare coin prices, can use gold bullion coin for their long-term investment benefits. The U.S. government approves precious metals holdings for IRAs, which include 24-karat bars, but rare coins aren’t allowed. The modern $50 American Eagle is the only 22-karat gold bullion coin that is allowed for precious metal IRA storage, so owners of South African Krugerrands can either hold those coins for their own personal possession, or convert them to American Eagle bullion coinage. Our government approves 24-karat gold bullion coin for precious metal IRA storage, and these one-troy-ounce gold coins include American Buffalos, Canadian Maple Leafs, Chinese Pandas, Austrian Philharmonics, and Australian Kangaroos, Koalas, and Lunar Coins.
Gold bullion coin is also a reliable vehicle for short-term profit gains, as its’ prices generally hover just above the current gold spot price, which is the cost of one troy-ounce of pure gold. All of the aforementioned coins also make ideal diversifications for far more costly rare coins like Double Eagles, since each coin’s respective government backs their bullion coins for weight and precious metal content. Double Eagles are rare, $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins, and more and more investors are purchasing these rarities for long-term financial safety. Both 22, and 24-karat bullion coins contain one full troy-ounce of pure gold, but 22-karat bullion also contains an alloy of silver and copper, for greater resilience. Investors can avoid paying felonious retail prices for their American Eagle bullion, and Double Eagle rare coin by contacting one of our friendly specialists, who offer institutional discounts on these, and many other bullion and rare gold coins to household investors like you.
Jonathan Monroe
