Can I Buy Gold Coins in an IRA? Why Coins Are Your Best Investment in an Unpredictable Economy

Can I Buy Gold Coins in an IRA? Why Coins Are Your Best Investment in an Unpredictable Economy

It seems that the stock market is destined to reach new heights nearly every day. Investors hunting for bargains in the present bull market will be required to have some patience. As long as fundamentals remain strong and current buying trends continue, it's possible that the savvy investor to continue to make a profit; just because prices are high does not mean that they can not keep going higher. Nor does it mean that they can not reverse course just as quickly. The fact that it will one day change course is almost a certainty – the question is when and how much.

Historically, the stock market experiences a correction every 12 months or so. Whether the next correction (or the next one or the next one …) will be a moderate one or full-scale meltdown as we saw in 2008 – when $ 2 trillion in retirement account value was lost in a short 15 months – nobody can know.

Could the Market Crash Again?

Yes, and smart investors should never rule it out. In fact, it should be a major concern for anyone with a retirement account. A market meltdown is not the only thing that can happen, there are also the species of runaway inflation and the devaluation of the dollar. What kind of investment could possibly protect your retirement from all of those possible outcomes?


Why? Prices for gold have been on an upward trend for the last 10 years. For the last 12 years, gold's price has outperformed the stock market. Even with this history of strong performance many experts believe that gold is still undervalued. Even when the price of gold experiences a market correction, its price is protected from falling too low. When gold prices drop to a certain level, no new mines are bought online and this, in turn, decreases supply and bring prices up again. In addition, as geopolitical tensions increase, as is happening now, investors tend to flee paper assets like the dollar and the stock market and seek out the “safe haven” of gold.

Gold is the ultimate hedge.

How to Buy Gold Coins in an IRA

In order to buy and hold gold in an IRA it is necessary to establish a Self-directed IRA. This is an account that allows the investor to be able to purchase physical gold and silver as opposed to only permitting gold and silver stocks and ETFs to be held as is the case with a traditional IRA. As an investment, gold coins allow the owner to capitalize not only on gold's price movement but because of their numismatic value, bullion coins carry premiums over melt value. Because of their strong liquidity coins can easily be converted to cash.

What is a Gold IRA?

It is an Individual Retirement Account which stores gold or other approved precious metals as opposed to paper currency or paper-based assets. It functions in the same exact capacity as a regular or traditional IRA, only instead of holding paper assets it holds physical bullion coins or bars. Please note that while these IRA accounts can allow you to purchase gold and silver coins, they must be kept within the IRA and not in your possession to comply with applicable IRS regulations. Instead, your IRA custodian will design a licensed depository to hold the precious metals on your behalf.

Where to Begin

The intention of this article was to answer a number of questions new investors might have regard to gold and silver coins and IRAs. Any investor would be well-advised to complete due diligence before making any investment. In order to help you in your research, a new mini-course was developed to aid the new investor towards this goal. It is titled “The Secret to Successful Gold Investing.” This course is filled with tips and information to help guide you into investing like an expert.

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