As an investor, it’s your job to find the top investments that are worth your time and attention. Buying silver coins on a whim isn’t necessarily going to turn profitable if you purchase the wrong coins.
And how you buy your coins also plays a major part.
Besides sharing the best silver coins to buy for investment, I’d like to tell you about a precious metals IRA.
Believe it or not, investing in coins within your silver IRA is the smart way to keep the most money. This investment strategy offers tax breaks and advantages that you won’t get buying and holding silver coins in a safe.
As you’ll soon learn, there are a number of well-respected and IRA approved silver coins throughout the world. I’ll share my favorites with you today, but first I’ll talk more about the benefits of a silver IRA.
Explaining the Benefits of a Silver IRA
You may not realize this, but buying silver and stuffing it in your drawer isn’t the wisest way to invest. Yet, this will likely make you money if you hold onto your silver long enough for it to gain value.
A precious metals IRA gives account holders access to the following benefits:
- Tax-free or tax-deferred gains – you’ll have access to either of these depending on how you set up your account. Many people wind up with a tax-deferred IRA. You’ll lower your overall tax base for the calendar year. And you will not have to pay taxes on your precious metals investments until you cash out during retirement. Tax-free investors pay taxes first before depositing money into this account. So, everything earned within a tax-free silver IRA is yours to keep. You’ve already paid your taxes and satisfied your IRS obligation, so you retain the proceeds in their entirety.
- Portfolio diversity – too many people focus their investments on stocks, bonds, and treasury bills. They miss out on the huge potential of owning silver, gold, platinum, and palladium in an IRA account. This added diversity will protect your bottom line during tough economic situations. When the stock market drops or the US dollar loses value, the value of silver tends to rise. This is a great way to protect your overall portfolio. And it’s a nice way to earn money at the same time.
- Hedge your bets against inflation – experts say that investing in precious metals is the ultimate hedge against inflation. And it makes perfect sense. As the value of the US dollar shrinks, the value of gold and silver usually gains traction. You may have to use more dollars to pay for things at the grocery store. But the value of your precious metals accounts will grow and it’ll lessen inflation’s impact on your overall portfolio.
I’ve only just scratched the surface on the benefits of a precious metals IRA account. To learn more about the best silver IRA companies, please click here to read my detailed top 10 review.
Silver American Eagle Coins with Precious Metals IRA Approval
Insofar as the particular coins to invest in are concerned, silver American Eagles are a great place to get started. This particular minted series of silver coins are some of the most highly respected around the world.
Some truly beautiful silver American Eagle coins to consider for your IRA portfolio include:
- Silver American Eagle Coin – 2017 Edition
- Silver American Eagle Coin – 2018 Edition
- Silver American Eagle Coin – 2019 Edition
- Silver American Eagle Coin – 2020 Edition
- Silver American Eagle Proof Coin – 2017 Edition
- Silver American Eagle Proof Coin – 2018 Edition
- Silver American Eagle Proof Coin – 2019 Edition
- Silver American Eagle Proof Coin – 2020 Edition
Silver Australian Kookaburra Coins with Silver IRA Approval
The silver kookaburras from Australia also qualify for admission into a precious metals IRA. They’re fully approved by the Internal Revenue Service in the United States. These coins, along with others minted in Austria, China, Canada, and Mexico are very valuable and worthwhile investments.
The top coins to add to your silver IRA portfolio include:
- 2016 Australian Silver Kookaburra – 1 Ounce Coin
- 2017 Australian Silver Kookaburra – 1 Ounce Coin
- 2018 Australian Silver Kookaburra – 1 Ounce Coin
- 2019 Australian Silver Kookaburra – 1 Ounce Coin
- 2016 Australian Silver Kookaburra – 10 Ounce Coin
- 2017 Australian Silver Kookaburra – 10 Ounce Coin
- 2018 Australian Silver Kookaburra – 10 Ounce Coin
- 2019 Australian Silver Kookaburra – 10 Ounce Coin
To discover the truth about the best silver IRA companies in the business, please click here to read my review.
Silver American Eagle Burnished Coins with Precious Metals IRA Approval
Did you know that the US mint minted silver American Eagle burnished coins? Many people do not know that these beautiful coins even exist. I’m glad that I have the opportunity to share them with you today. They make an excellent addition to your silver IRA investment portfolio.
The best silver coins to add to your IRA account include:
- Silver American Eagle Burnished Coin – 2008 Edition
- Silver American Eagle Burnished Coin – 2011 Edition
- Silver American Eagle Burnished Coin – 2013 Edition
- Silver American Eagle Burnished Coin – 2014 Edition
- Silver American Eagle Burnished Coin – 2015 Edition
- Silver American Eagle Burnished Coin – 2016 Edition
- Silver American Eagle Burnished Coin – 2017 Edition
- Silver American Eagle Burnished Coin – 2018 Edition
- Silver American Eagle Burnished Coin – 2019 Edition
- Silver American Eagle Burnished Coin – 2020 Edition
Clearly, this is a popular investment. They seem to mint a new version of this coin each and every year. That goes to show you how valuable and sought after this collection seems to be.
Silver America the Beautiful Coins with Silver IRA Approval
There are a number of gorgeous options to consider when choosing America the Beautiful Silver IRA approved coins. These themed coins represent images of historic national parks in the United States. They mint new versions of them each year.
Some of the more popular options include:
- Silver America the Beautiful Gettysburg National Military Park, PA – 5 Ounce Coin, 2011 Edition
- Silver America the Beautiful Chickasaw National Recreational Park, OK – 5 Ounce Coin, 2011 Edition
- Silver America the Beautiful American Memorial Park, MP – 5 Ounce Coin, 2019 Edition
- Silver America the Beautiful War in the Pacific National Historic Park, GU – 5 Ounce Coin, 2019 Edition
- Silver America the Beautiful Lowell National Historical Park, MA – 5 Ounce Coin, 2019 Edition
- Silver America the Beautiful Voyagers National Park, MN – 5 Ounce Coin, 2018 Edition
- Silver America the Beautiful Cumberland Island National Seashore, GA – 5 Ounce Coin, 2018 Edition
- Silver America the Beautiful Apostle Islands National Lakeshore, WI – 5 Ounce Coin, 2018 Edition
These beautiful coins are a great option for your silver IRA account. Learn about the top precious metals brokers by reading my full and detailed review.
Silver Mexican Libertad Coins with Precious Metals IRA Approval
Mexico has minted some gorgeous silver Libertads that contain enough purity to acheive IRA approval. These attractive coins make an excellent choice for every precious metals IRA account.
The most popular approved coins include:
- Silver Mexican Libertad – 2011 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2013 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2015 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2016 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2017 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2018 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2019 Edition, 1 Ounce Coin
- Silver Mexican Libertad – 2020 Edition, 1 Ounce Coin
Silver Canadian Maple Leaf Coins with Silver IRA Approval
It’s never wise to ignore the Canadians when it comes to IRA approved precious metals. They too have minted some very amazing coins that meet the high standards set forth by the IRS.
The best coins to consider adding to your diversified retirement portfolio include:
- Silver Canadian Maple Leaf – 2013 Edition, 1 Ounce Coin
- Silver Canadian Maple Leaf – 2015 Edition, 1 Ounce Coin
- Silver Canadian Maple Leaf – 2016 Edition, 1 Ounce Coin
- Silver Canadian Maple Leaf – 2017 Edition, 1 Ounce Coin
- Silver Canadian Maple Leaf – 2018 Edition, 1 Ounce Coin
- Silver Canadian Maple Leaf – 2019 Edition, 1 Ounce Coin
- Silver Canadian Maple Leaf – 2020 Edition, 1 Ounce Coin
Silver Chinese Panda Coins with Precious Metals IRA Approval
The Chinese have also minted very valuable, attractive, and IRA approved silver coins. They look astounding and they possess real-world value that will grow in the future. Their best options include:
- Silver Chinese Panda – 2016 Edition, 30 g Coin
- Silver Chinese Panda – 2017 Edition, 30 g Coin
- Silver Chinese Panda – 2018 Edition, 30 g Coin
- Silver Chinese Panda – 2019 Edition, 30 g Coin
- Silver Chinese Panda – 2020 Edition, 30 g Coin
Bottom Line
Right now, I implore you to truly understand the value of opening a silver IRA. All of these silver coins are really great, but they gain even more value buying them in an IRA account.
Are you ready to get started with precious metals IRA investing? Now is the perfect time and I’d like to help make the process easier.
I’ve reviewed the top 10 precious metals brokers in the industry. Read my detailed review, learn about each of these companies, and choose one to work with based on my recommendations.
