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The American Gold Eagle helps La Jolla sleep at night.
As the official gold bullion coin of the US government, theAmerican Gold Eagle was released in 1986. The American Gold Eagle was inspired by the Krugerrand.
Augustus Saint-Gaudens’ Lady Liberty figure, from the $20 Saint Gaudens (1907-1933), was the inspiration for the American Gold Eagle.
The reverse features a male eagle carrying an olive branch. It is flying above a nest containing a female eagle and her hatchlings.
Each of the four sizes contains 91.67% gold (22 karat), 3% silver, and 5.33% copper.
Many find it interesting that, from 1986 to 1991, American Gold Eagles were dated via the Roman numeral system. In 1992, the US mint started to use Arabic numbers for dating Gold Eagles.
Call United Coin & Precious Metals about putting theAmerican Gold Eagle into your IRA.
The American Gold Eagle is one of the world’s favorite gold bullion products. Gold Eagles are eligible for Gold IRA accounts offering a great way to diversify one’s wealth. Offered in 1/10 oz, ¼ oz, ½ oz, and 1 oz sizes these coins are guaranteed by the U.S. Government for their stated weight and fineness. The 1 oz size offers the most economical way of purchasing the American Gold Eagle.
American Gold Eagle IRA:
La Jolla might not know that a self-directed IRA allows them to hold gold in their IRA. For anyone with nerves about thestock market, this offers a great solution. The safest fixed-income investments are barely paying, and inflation in the stock market makes stocks seem top-heavy. That’s why investing some or all of your IRA money into gold and other precious metals is appealing.
Physical IRA Ownership of Precious Metal Coins and Bullion
The Internal Revenue Code allows IRAs to some gold, silver, platinum bullion and coin products. An IRA holder can ownAmerican Gold Eagle coins.
An IRA trustee must buy gold coins and bullion and hold them. These tax rules apply equally to traditional IRAs, Roth IRAs, simplified employee pension (SEP) accounts and Simple-IRAs. No problems so far.
At UCPM we can assist you with the process of putting physicalgold, silver, and platinum into your self-directed IRA.