Tuesday, August 2, 2011

Gold and all other metals in Solo 401k: List of Allowable Precious Metals in Solo 401k Include:

Use this guide when determining precious metals to purchase with your Solo 401k.


GOLD

Ø  American Eagle Coins (however, coins including the American Eagle, that have undergone “certification”—also known as “slabbed” coins—are not acceptable in Solo 401k at this time)



Ø  Australian Kangaroo/Nugget coins


Ø  Austrian Philharmonic coins


Ø  Canadian Maple Leaf coins


Ø  Credit Suisse-Pamp Suisse Bars .999


Ø  U.S. Buffalo Gold Uncirculated coins (no Proofs)


Ø  Bars and rounds (produced my manufacturers accredited by Nymex/Comex, LME, LBMA, NYSE/Liffe/CBOT, and ISO-9000 or a national mint. The minimum finesses for bars are:


·         Gold .995+


PLATINUM

Ø  American Eagle coins(however, coins including the American Eagle, that have undergone “certification”—also known as “slabbed” coins—are not acceptable in Solo 401k at this time)



Ø  Australian Koala coins


Ø  Canadian Maple Leaf coins


Ø  Isle of Man Noble coins


Ø  Bars and rounds (produced my manufacturers accredited by Nymex/Comex, LME, LBMA, NYSE/Liffe/CBOT, and ISO-9000 or a national mint. The minimum finesses for bars are:


·         Platinum .9995+




SILVER

Ø  American Eagle coins (however, coins including the American Eagle, that have undergone “certification”—also known as “slabbed” coins—are not acceptable in Solo 401k at this time)


Ø  Australian Kookaburra coins


Ø  Austrian Vienna Philharmonic coins


Ø  Canadian Maple Leaf coins


Ø  Mexican Liberated coins


Ø  Bars and rounds (produced my manufacturers accredited by Nymex/Comex, LME, LBMA, NYSE/Liffe/CBOT, and ISO-9000 or a national mint. The minimum finesses for bars are:


·         Silver .9995+



PALLADIUM



Ø  Bars and rounds produced my manufacturers accredited by Nymex/Comex, LME, LBMA, NYSE/Liffe/CBOT, and ISO-9000 or a national mint. The minimum finesses for bars are:


           Palladium .9995+

Disallowed Precious Metals in Solo 401k Include:

*      Austrian 100, 20 and 10 Corona


*      Belgian 20 Franc


*      British Britannia


*      Chilean 100 Peso


*      Columbian 5 Peso British Sovereign


*      Dutch 10 Guilder


*      French 20 Franc


*      Hungarian 100 Korona


*      Italian 20 Lira


*      Mexican 50, 20, 10, 5, 2 ½, and 2 Peso


*      Rare or Collectible Coins


*      South African Krugerrand


*      Swiss 20 Franc


Learn about procedure for investing Solo 401k in precious metals such as coins and gold bars by reading following blog post: http://www.mysolo401k.net/Blog-for-MySolo401k.html?entry=how-to-purchase-precious-metals

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