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Silver**IRA Silver

Popular IRA Approved Silver Bullion

When it comes to buying precious metals as a hedge against economic fluctuations, investors typically turn to gold and silver. While the popular “yellow metal” is favored by many, IRA-approved silver is growing in popularity as well for a number of reasons. The variety of silver bullion products available, impressive diversity within those categories, and the more affordable premiums for silver make it a popular choice among those with a Precious Metal IRA. Like any other IRA backed by precious metals, only certain silver bullion items qualify. The following page highlights some of the IRA-approved silver bullion categories in the JM Bullion online catalog and takes a closer look at some of the most-popular IRA-approved silver bullion we carry.

Popular IRA-Approved Silver Bullion Coins

As with other bullion coinage, silver bullion coins are a popular form of IRA-approved silver bullion because of the government backing. Silver bullion coins are struck by sovereign mints such as the United States Mint, Royal Canadian Mint, Royal Mint of England, and the Austrian Mint. IRA-approved silver bullion coins have varying designs and availability, but all share the common factor of silver weight and purity backed by sovereign governments. The following are some of the most-popular IRA-approved silver bullion coins:

  • American Silver Eagle: The official silver bullion coin of the United States, the American Silver Eagle bullion coin was first issued in 1986 and is arguably the most popular coin in the world. For example, the 2015 issue had a mintage of 47 million coins.
  • America the Beautiful Collection: The coins in the US Mint’s America the Beautiful collection are IRA-approved silver and come with a total of 56 different designs. Each coin represents one of the 50 US states, the District of Columbia, and the nation’s five overseas territories and features 5 Troy oz of .999 pure silver.
  • Austrian Silver Philharmonic: Introduced in 2008, the Austrian Silver Philharmonic is struck by the Austrian Mint and has quickly become the hottest-selling coin on the European continent.
  • British Silver Britannia: The official silver bullion coin of Great Britain, the Britannia Silver Coin features the modern depiction of the female personification of the nation of England.
  • Canadian Silver Maple Leaf: The Silver Maple Leaf coin is another massively popular IRA-approved silver bullion coin. Introduced by the Royal Canadian Mint in 1988, the Silver Maple Leaf was the first silver bullion coin to feature .9999 pure silver content.
  • Chinese Silver Panda: The Silver Panda from the Chinese Mint was first issued in 1983, but has been available in bullion on a regular basis since 1989. Like its gold counterpart, the Silver Panda features a new design of the Giant Panda with each year’s release.
  • Mexican Silver Libertad: The Silver Libertad debuted in 1983 from the Mexican Mint. Compared to other IRA-approved silver bullion coinage, the Silver Libertad has the added benefit of extremely low mintage figures.
  • Perth Mint Silver Coins: The Perth Mint of Western Australian has a wide variety of IRA-approved silver coinage, but the most popular are the Australian Silver Kookaburra introduced in 1990, the Australian Silver Koala introduced in 2007, and the newly-issued Australian Silver Kangaroo introduced in 2016. The Silver Kangaroo was the Perth Mint’s first-ever .9999 pure silver bullion coin.

Silver bullion coins are available annually from these sovereign mints and typically feature the same designs each year, with a few exceptions. Coin programs such as the Perth Mint’s Lunar Series II coins, the Royal Mint’s Shengxiao Collection, or the Royal Mint’s Queen’s Beast Series coins combine new designs in each release with IRA-approved silver status. As an investment-grade bullion option, silver coins are an ideal addition to any portfolio.

Popular IRA-Approved Silver Rounds

Unlike other IRA-approved precious metals, silver has the added diversity of silver rounds. Although the selection of silver rounds is diverse, not all silver rounds for sale qualify as IRA-approved silver bullion. Silver rounds look like coins, but have no legal tender status and are not backed by sovereign governments. However, like silver bullion bars, these products are issued by private mints and refineries with certified assayers and lower premiums over the spot price of silver. The following are just a few examples of the most-popular IRA-approved silver rounds in our catalog:

  • SilverTowne Silver Rounds: Issued by the private refinery at SilverTowne Precious Metals in Winchester, Indiana, SilverTowne silver rounds feature .999 pure silver content, come in varying weights of 1 oz and 5 oz silver, and typically feature historic US coin designs. The Augustus Saint-Gaudens Liberty, Morgan Silver Dollar, and Walking Liberty from Adolph A. Weinman are all available on the surface of SilverTowne silver rounds.
  • Sunshine Minting Silver Rounds: Sunshine Minting is one of the most prestigious private refineries in the United States. In addition to providing silver bullion blanks to the likes of the US Mint and Royal Canadian Mint, Sunshine also produces its own branded silver rounds for sale with the company logo. Sunshine silver rounds are popular IRA-approved silver products.

Popular IRA-Approved Silver Bullion Bars

When compared to silver coins, silver bars for sale are more likely to be IRA-approved silver products. As long as the refinery producing the silver bars has an NYMEX- or COMEX-approved assayer hallmark and contains at least .999 pure silver, the bars are IRA-approved silver bullion. Silver bars, like silver rounds, are more readily available to investors than silver bullion coins with limited mintages and come with lower silver premiums compared to bullion coinage. Below are a handful of popular IRA-approved silver bullion bars we carry:

  • Asahi Refining: A Tokyo-based refining business founded in 1952, Asahi Refining significantly expanded its operations in December 2015 with the purchase of Johnson-Matthey refining operations in the United States and Canada. Asahi refines silver bars in 1 oz, 10 oz, and 100 oz weights commonly.
  • SilverTowne: The private refinery in Winchester, Indiana produces a variety of silver bullion bars. Its most-popular IRA-approved silver bars are known as the SilverTowne Prospector. This bar design includes the SilverTowne Prospector logo and features .999 pure silver.
  • Sunshine Minting: Like the silver bars issued by Sunshine, the Sunshine Minting silver bars are available with the mint’s logo of a bald eagle flying in front of a sunburst.
  • Royal Canadian Mint: The silver bars from the Royal Canadian Mint are available with individual serial numbers, .9999 pure silver content, and the official symbol of the Royal Canadian Mint.
  • Republic Metals Corporation: RMC silver bars are available in a variety of weights from the private American refinery. Each bar has .999 pure silver content, an individual serial number, and the assayer’s mark. RMC bars range from weights in the low grams to 1 Kilogram.

Basics of a Silver IRA

Silver IRA accounts allow you to purchase popular IRA-approved silver bullion such as those products mentioned above and use them as an investment tool. Silver IRAs offer diversification with safe-haven metals. While financial markets can ebb and flow significantly and the US Dollar can devalue over time thanks to inflation, holding popular IRA-approved silver in a Silver IRA offers stability in the face of inflation and market fluctuations. Like other Precious Metal IRAs, a Silver IRA can operate as a Traditional IRA (pre-tax) or Roth IRA (post-tax) account.

Buying these Popular IRA-Approved Silver Bullion Products

If you’re considering buying silver, JM Bullion customer service can help direct you toward our most-popular IRA-approved silver products. Feel free to reach out to us on the phone at 800-276-6508, connect with us online using our live chat, or simply send us an email with your inquiries.

created at:4/26/2024, 3:17:37 PM