Greetings!
The price of gold has just reached another all-time high of $1,290 per Troy Ounce and is anticipated by many to run through the $1,300 mark. Gold and other precious metals have typically served as a hedge against inflation, but the current run ups have been based mostly on the incredible demand in the marketplace from world banks and others in the investing community. The impacts on anticipated from the increased production of money supply has barely been felt.
Smart investors constantly review and adjust the different asset classes in their portfolios. Have you recenly balanced your portfolio between equities, bonds and different precious metals?
There has also been a great deal of discussion in the news about the impact of taxes on investments and the accompanying 1099 reporting requirements at the end of the year. Those investors that have set up Self Directed IRAs and transferred funds into thos custodial accounts, have the benefit of accumulating precious metals in a tax deferred (or tax free) IRA environment, while retaining full control over the physical assets. We can help you identify the right assets for your IRA, and make the most cost effective purchase.
Our American Gold Eagle Proof Coins (in individual sizes or Sets) allow you to collect IRA qualified coins with numismatic value. These beautiful Proof coins were issued, starting in 1986, by the US Mint for collectors. These coins struck through a specialized mintage process and typically carry specific maximum authorized mintages. Proof Gold Eagles have been produced each year from 1986 to 2008 and carry premiums above the prices of their bullion counterparts.
These collector coins are placed within protective capsules within velvet lined presentation boxes with an official certificate of authenticity signed by the Director of the Mint.
Each year from 1988 to 2008, the US Mint sold the four individual options of fractional sizes (with a couple of exceptions) and the Set. In 2009, all options for the Proof Gold Eagle were canceled, as the US Mint diverted incoming gold blanks to the production of bullion coins. We are anticipating production again in 2010.
The Proof coins make a great addition to any investment or collection, whether you are holding it yourself or placing it in an IRA. Go to our web site www.BrandonsCoins.com or call us to establish an IRA at 941.316.9574!