As an investor, it’s your job to choose the proper investments to meet your overall needs. And intelligent investors know that the best way to grow their wealth via precious metals is through a gold IRA.
But as you may or may not know, many gold coins, silver bars, platinum rounds, and everything else in between are not necessarily IRA approved. And that means you’ll have to focus on the options that have received IRA approval, because otherwise they aren’t allowable within a precious metals IRA account.
So, that’s what we’re going to focus on right now. We’ll take a look at many of the top popular IRA approved precious metals including gold, silver, platinum, and palladium. And you’ll learn the best choices to successfully add to your gold IRA account to help grow your wealth as you work your way toward retirement.
Popular Gold Coins & Bars Eligible for Your Precious Metals IRA
As I’ve been alluding to the whole time, not every gold coin or bar passes the eligibility requirements by the IRS for allowance into a precious metals IRA. As a matter of fact, your choices are limited to the best, most popular gold coins and bars that contain nearly 100% gold, because they are all 24-karat gold and they all have at a minimum, 0.995% purity levels.
But what are these popular coins and bars? To name a few of the best that many people tend to gravitate toward, they are named the following:
- Gold Johnson Matthey Bar
- Gold Credit Suisse Bar
- Gold Austrian Philharmonic Coin
- Gold American Buffalo Coin
- Gold American Eagle Coin
- Gold Canadian Maple Leaf Coin
And that’s definitely not all of the top IRA approved gold coins and bars for you to consider at the moment. Each one of the coins or bars mentioned above are made of gold bullion and they are perfect for investments in individual retirement accounts. But the IRS, in their infinite wisdom, has also decided to grant approval to other precious metals that also fall under the category of IRA approved gold coins and bars.
Some of the other very popular choices to think about include:
- Gold Mexican Libertad Coin
- Gold Chinese Panda Coin
- Gold Australian Kangaroo Coin
- Gold Great Britain Britannia Coin
Owning gold is great for precious metals IRA account investors and investors of all kinds. But it isn’t the only game in town by any means. There are also some amazing silver bars and silver coins that you’d benefit from by investing in them within your silver precious metals IRA account.
Popular Silver Coins & Bars Eligible for Your Precious Metals IRA
As I said, we cannot let gold steal all the glory, although it is definitely an amazing investment and I wouldn’t want to downplay that either. But silver is also a great investment, and because it’s such a low dollar amount, it actually tends to make more money percentagewise these days, which is certainly a good thing for investors like you and me.
Are there any really popular silver coins and bars to invest in within a precious metals IRA? You bet there are. In fact, I’d like to share some of my all-time favorite silver investments with you right now. They are as follows:
- Silver Austrian Philharmonic Coin
- Silver Australian Kookaburra Coin
- Silver Canadian Maple Leaf Coin
- Silver American Eagle Coin
- Silver Mexican Libertad Coin
- Silver Johnson Matthey Bar
Each one of the choices previously mentioned are extremely popular silver investments. Even better, they have all received precious metals IRA approval set forth by the IRS, because they all contain the correct amount of silver purity required to be eligible for this investment.
Even though the silver coins and bars mentioned above are likely the most popular silver investments, there are definitely some other exciting silver investments you might want to consider as well. They include the following:
- Silver Australian Koala
- IRA Approved Silver America the Beautiful
- Silver Chinese panda
- Silver Armenian Noah’s Ark
Popular Platinum Coins & Bars Eligible for Your Precious Metals IRA
Although many investors tend to ignore them, there is a limited range of incredible platinum precious metals to consider adding to your retirement portfolio.
Why is platinum such a good deal? Like other precious metals, it’s incredibly valuable and it continues to gain greater levels of wealth as the years go by. This is an excellent way to increase your personal wealth for many years to come, as you boost your potential for making great gains in the future with your precious metals IRA account.
The names of the top platinum IRA approved coins, bars, and rounds include:
- Platinum Canadian Maple Leaf Coin
- Platinum American Eagle Coin
- Platinum Australian Koala Coin
- Platinum Isle Of Man Noble Coin
- Various Platinum Rounds and Bars – .9995 Purity
Popular Palladium Coins & Bars Eligible for Your Precious Metals IRA
Unfortunately, if you intend to invest in palladium, you really aren’t going to run across too many IRA approved options. In fact, there’s only one coin that I can successfully recommend to you, although you may find other rounds and bars that meet the .9995 purity level along your travels, so keep that in mind as you begin looking for high-quality palladium investments for your IRA.
The limited options that I can tell you about include:
- Palladium Canadian Maple Leaf Coin
- Various Palladium Rounds and Bars – .9995 Purity
Final Thoughts
If your plan is to become a successful gold IRA investor in the near future, you’ll definitely need to vary your investments within the precious metal space. I highly recommend choosing high-quality gold, silver, platinum, and palladium bars, coins, and rounds for your investment portfolio.
Why? This will give you an opportunity to buy many first-class investments that will accumulate wealth throughout the years. And it will keep things interesting and enjoyable as well, because each one of these precious metals will continue to rise in value throughout the year, so they are all great choices in my opinion.