By Bullion Shark LLC …… Among numismatists, the American Silver Eagle is certainly popular. In November 2019, the United States Mint released a limited-edition San Francisco mint mark Reverse Proof. Collectors were so enamored, the entire 30,000 minting sold out in 20 minutes. The Mint tried to prevent hoarding by limiting sales to one per […]
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By Louis Golino for CoinWeek ….. I often hear newer coin collectors and silver investors ask what is the best way to buy silver. There are certainly many ways to accumulate, or as some people put it, stack silver, in the physical form. For those looking to acquire physical silver, I think one has to begin with some […]
The post The Coin Analyst – What’s the Best Way to Invest in Silver? appeared first on CoinWeek.
By Bullion Shark LLC …… IRA Basics People interested in investing in precious metals often ask about doing so through an IRA, or Individual Retirement Account. But what exactly is an IRA? An IRA is a tax-advantage investing tool used to earmark funds for one’s retirement. Though there are others, there are two main types […]
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By Commodity Futures Trading Commission (CFTC) …. The Commodity Futures Trading Commission (CFTC) advises the public not to take cash from their retirement plans under relaxed distribution rules provided in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to speculate or invest in gold, silver, or other precious metals without first consulting licensed […]
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By Patrick A. Heller
In my experience as a coin dealer since 1981, putting customers first results in long-term customer patronage. Long-term customers are far more profitable over time than a larger number of one-shot patrons
MintID was created to solve the problem of counterfeiting in the precious metals space. But until now, investors have been plagued with the uncertainty of whether or not the products they own are actually genuine. By embedding AES-128-bit encrypted and tamper-proof NFC chips directly at the source, customers can authenticate their investments in real time […]
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From the August 2 Numismatic News E-Letter
Should the IRS be taxing Precious Metals IRA purchases?
Here are some answers sent in from our E-Newsletter readers.
Yes, tax the IRA bullion at time of purchase then eliminate tax at time of sale like the Roth IRA.
Joe Gorak
Carlsbad, Calif
Dillon Gage Metals has launched an updated version of its leading online trading platform, FizTrade™. Shorthand for “physical trading,” FizTrade is designed for both precious metals dealers and institutional clients. The trading site is accessible through desktop and mobile platforms and includes user-friendly tools that allow clients to access the physical precious metals marketplace and […]
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Some precious-metals bullion dealers recently have been advertising “home storage” as a legal and beneficial option for storing bullion that may be invested in an individual retirement account (IRA).
The “home storage” concept may conflict with the laws that allow for tax-advantaged IRA investments
By Industry Council for Tangible Assets ….. Investors Should Exercise Caution Investing in Gold Individual Retirement Account with Home Storage Some precious-metals bullion dealers recently have been advertising “home storage” as a legal and beneficial option for storing bullion that may be invested in a gold individual retirement account (IRA). The “home storage” concept may conflict […]
The post ICTA News: Exercise Caution with Gold IRA Home Storage, NC Dealer Wins Award appeared first on CoinWeek.
APMEX, Inc., the nation’s largest Precious Metals e-retailer, is pleased to announce the first-ever Platinum Britannia coin is now available for pre-order. The 2018 1 oz Platinum Britannia joins an illustrious history of this bullion coin from The Royal Mint. The Gold Britannia was introduced in 1987, showcasing a powerful design of Britannia herself, holding […]
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Accepting clients as of November 1 International Depository Services Group (IDS), a privately-owned subsidiary of Dillon Gage Metals, has opened Texas’ first precious metals depository, International Depository Services of Texas. Beginning November 1, depository clients who wish to store precious metals bars, rounds and coins in the state of Texas are able to contact IDS […]
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Allows consumers further expansion of online selection of bullion and coins Provident Metals, an industry-leading provider of international and domestic bullion and IRA-eligible precious metals, today announced their acquisition by a private investment group. The sale of Provident Metals, based in north Dallas, Texas, allows the company to further expand its online selection of high-quality […]
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By Richard Schwary – Ask The Expert about silver bullion coins – www.golddealer.com …… The Big Three when it comes to legal tender silver bullion coins are of course the American Silver Eagle 1 oz, the Canadian Silver Maple Leaf 1 oz, and the Austrian Silver Philharmonic 1 oz. From a weight standpoint they are […]
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Precious Metals Trading Offered in an Innovative Platform for IRA Accounts Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, has launched IRAConnect.com: a cutting-edge, online trading platform designed to streamline precious metals trading in dealer, bank, and brokerage IRA accounts. IRAConnect, the newly minted spinoff of Dillon Gage’s flagship trading platform […]
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Celebrates 100th Anniversary of Famous “I Want YOU” Poster Dillon Gage Metals, an international precious metals wholesaler, is set to release an exclusive and original one-ounce silver bullion medallion celebrating the 100th anniversary of the famous recruitment poster featuring Uncle Sam heralding, “I Want You for U.S. Army.” This iconic image is being portrayed for […]
The post Dillon Gage Metals Offers Exclusive Uncle Sam One-Ounce Silver Round appeared first on CoinWeek.
By Louis Golino for CoinWeek ….. I often hear newer coin collectors and silver investors ask what is the best way to buy silver. There are certainly many ways to accumulate, or as some people put it, stack silver, in the physical form. For those looking to acquire physical silver, I think one has to begin with some basic […]
The post The Coin Analyst – What’s the Best Way to Invest in Silver? appeared first on CoinWeek.