When considering precious metals, savers typically think of gold. Many overlook silver, believing it doesn’t offer as much value. However, silver has outperformed gold during certain precious metals bull markets sparked by some of the worst economies in history.
Physical silver is welcome in an IRA. However, the bars and coins must meet a minimum standard of fineness, or purity.
Purity is measured by how much of the principal metal is present, expressed as parts per thousand. A silver coin with a fineness of 999 is 99.9% pure. The expression “three nines fine” refers to physical silver’s highest level of purity. Silver bullion is never pure to 100%, because trace amounts of copper are added to make each piece more durable.
To be eligible for inclusion in a precious metals IRA, physical silver must be 99.9% pure.
American Silver Eagle and Canadian Silver Maple Leaf coins are eligible for physical silver IRAs.
Refer to this page on Augusta’s website for more information about gold and silver IRAs.
As with any silver bullion, the value of a bullion coin is based, among other factors, on its silver content and the weight of the coin. Prices fluctuate depending on the daily price of silver in the world market. Each mint that produces silver coins guarantees the purity of the coins’ precious metal content.
Augusta classifies its products as either Common Bullion Products or Premium Products. Common Bullion Products generally are priced in accordance with the value of the precious metal they contain. Either of these products may increase or decrease in value based on a variety of factors.
We invite you to learn more about physical silver. For more information about silver in a cash account or gold and silver IRA, call Augusta Precious Metals at 800-700-1008 and speak with a customer success agent.
Investment in precious metals involves risk and is not suitable for all investors. Augusta Precious Metals recommends that you consult your own financial or investment advisors prior to investing in precious metals. Augusta is not qualified and does not offer financial, investment, legal, or tax advice. This site and the information provided by Augusta throughout its sales process is general in nature and is not tailored to any specific person, their circumstances, or their financial goals.
Opinions offered by Augusta Precious Metals are its own. Additionally, while Augusta attempts to provide factually accurate information, information presented by Augusta may turn out to be inaccurate or incomplete. You should conduct your own independent verification of any facts or opinions presented prior to making any investment.
All decisions regarding the purchase or sale of precious metals are your own, and should only be made after considering your investment objectives, risk tolerance, and level of experience. Augusta Precious Metals cannot guarantee, assure, or promise future market movement, prices, or profits. Past performance does not guarantee future results. Any investment in precious metals is speculative and could result in significant financial losses.
* Past customers received silver coins as a thank-you for reviews. Mark Levin and Joe Montana are paid ambassadors for Augusta.