When people talk of precious metals as investments, they are generally referring to gold, silver, platinum or palladium – each of which has its own unique benefits and can be purchased for physical possession or placement in a Precious Metals IRA.
Here’s a quick background on each metal and its common uses.

GOLD

Gold has been a highly sought-after symbol of wealth since the beginning of recorded history, often used in jewelry, art, coinage and many other applications. Because it is malleable, resistant to corrosion and conductive of electricity, gold also has practical uses in numerous industries.


SILVER

Like gold, silver has been used for generations in jewelry, tableware, coinage and numerous other items. Its malleability, heat and electrical conductivity, and unique luster make it practical for a wide variety of industrial, electrical and manufacturing applications.


PLATINUM & PALLADIUM

Platinum and palladium, both recognized by their greyish white luster, are rare precious metals used in many similar applications as gold and silver. Platinum and palladium are both known for their great catalytic properties and are thus used heavily for industrial processes, as well as the manufacturing of jewelry and numerous other items.

BULLION, NUMISMATIC, PROOF COINS:
Whats the difference?

BULLION COINS

Valued solely by their precious metals content and weight, making them attractive to investors looking for liquidity. Select bullion coins are also approved for placement in a Precious Metals IRA.

NUMISMATIC COINS

Those minted prior to 1933. Their value is determined not only by their precious metals content, but also their rarity and condition. This makes them attractive to investors who are looking for added growth potential from those factors.

PROOF COINS

Valued partly based on their precious metals content, they are also minted in limited quantities with higher production standards than their bullion counterparts. Therefore, their value is also influenced by their scarcity. Finally some types of proof coins, such as the Proof American Gold Eagle and the Proof American Silver Eagle, can be placed into a Precious Metals IRA.