Bullion for I.R.A. ?

Discussion in 'Bullion Investing' started by Bacchus, Apr 10, 2004.

  1. Bacchus

    Bacchus Coin Duffer

    Does anyone know if silver or gold eagles can be purchased as an I.R.A. (individual retirement account) ?

    thanks,
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Yes - they can. Talk to your IRA administrator.
     
  4. Bacchus

    Bacchus Coin Duffer

    Thank you.

    If I have to go through an administrator, I'm guessing that it's going to be more complicated than just buying a roll of gold eagles and sticking it in a shoebox.

    Should be a lot more satisfying to look at than a broker statement, though.

    :)
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Under US regulations - I'm afraid the coins must be held by a 3rd party in order to qualify for an IRA :( Wish it wasn't so myself.
     
  6. Bacchus

    Bacchus Coin Duffer

    Okay, you hold my gold and I'll hold yours ! Can we agree on a roll of 20 1oz American Gold Eagles ?

    :)
     
  7. GDJMSP

    GDJMSP Numismatist Moderator


    LOL !! :D
     
  8. Fifty

    Fifty Master Roll Searcher

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