When considering precious metals, investors often focus on gold. However, silver is a valuable asset that has historically outperformed gold during economic downturns.
Purity
To qualify, physical silver must have a purity of at least 99.9%.
American Eagle
American Silver Eagle coins are eligible for physical silver IRAs.
Canadian Maple Leaf
Canadian Silver Maple Leaf coins are eligible for physical silver IRAs.
The price of silver bullion fluctuates globally. Key factors influencing silver coin values include silver content, weight, and the mint's reputation for purity.
To be eligible for an IRA, physical silver must be at least 99.9% pure. This high purity level is often referred to as "three nines fine." While silver can be pure, trace amounts of copper are added to enhance durability.
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