Thursday, May 17, 2012
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ira allowable metals
Minimum Fineness Requirements:
- Currently, gold must be .9950 pure, silver must be .9990 pure, and both platinum and palladium must be .9995 pure to qualify.
- Bullion bars must be fabricated by COMEX, NYMEX, or ISO 9000 approved refiners in order to be accepted by GoldStar.
- Proof coins must be ungraded, complete with certificate of authenticity and in original mint packaging.
- All bullion coins must be uncirculated in excellent condition.
examples of allowable precious metals
gold
- American Eagle coins
- U.S. Buffalo Bullion coins
- Canadian Maple Leaf coins
- Austrian Philharmonic coins
- Australian Kangaroo/Nugget coins
- Credit Suisse – PAMP Suisse Bars
- Various bars and rounds .995
silver
- American Eagle coins
- Canadian Maple Leaf coins
- Austrian Vienna Philharmonic coins
- Australian Kookaburra coins
- Mexican Libertad
- Various bars and rounds .999
platinum
- American Eagle coins
- Canadian Maple Leaf coins
- Austrian Philharmonic coins
- Australian Koala coins
- Various bars and rounds .9995
Palladium
- Canadian Maple Leaf coins
- Various bars and rounds .9995
examples of unacceptable precious metals
- Rare or collectible coins, including certified or "graded" coins
- South African Krugerrand
- Swiss 20 Franc
- French 20 Franc
- Belgian 20 Franc
- Mexican 50 Peso
- Chilean 100 Peso
- Italian 20 Lira
- Hungarian 100 Korona
- Austrian Corona
- U.S. Liberty
- U.S. Buffalo Proof
- Dutch 10 Guilder
- British Britannia
FDIC NOTICE: IRA and/or Bond investments represented on this website are not FDIC-insured, are not guaranteed by GoldStar Trust Company, and involve risk including possible loss of principal. If held in a GoldStar IRA or GAMMA account, the un-invested cash portion is FDIC insured up to $250,000.