Investments

Setting up your Precious Metals IRA Investment

Choose between a Traditional IRA and a Roth IRA for your precious metal IRA. Traditional IRAs are funded with before-tax dollars and will be subject to taxation upon fund withdrawal. Roth IRA’s are funded with after-tax dollars and therefore are not subject to taxation when the funds are withdrawn. You may also choose to invest in both type funds

Your Self-Directed IRA account can buy precious metal, real estate, notes, limited partnerships, commercial paper and many other types of assets. The IRA Custodian maintains and updates all documentation relating to your IRA.

The following IRA Custodian will provide Metal IRAs:

Goldstar Trust Company
1401 4th Avenue
Canyon, TX  79015
1.800.486.6888

Step 1

Open and Fund Your Account

To make the process as simple as possible, we have provided a link to Goldstar Trust.  They will explain how to open an account – including information on rolling over existing IRA or 401k into a Metal IRA.

You will be asked to select a precious metals dealer during this process.  Select Munchel Brothers Jewelry & Coins as your dealer.

www.goldstartrust.com

Step 2

Transactions with Munchel Brothers Jewelry and Coins

Once you have opened and funded your metal IRA, purchasing precious metals with Munchel Brothers Jewelry and Coins is an easy and uncomplicated process. Call us and one of the Munchel Brothers or qualified staff members will guide you through the simple process.

Examples of Allowable Precious Metals

Gold

  • American Eagle coins
  • U.S. Buffalo uncirculated version
  • Canadian Maple Leaf coins
  • Austrian Philharmonic coins
  • Australian Kangaroo/Nugget coins
  • Credit Suisse – PAMP Suisse Bars .999 Fine
  • Various bars and rounds .995+Fine that are accredited by Comex/Nymex

Silver

  • American Eagle coins
  • Austrian Vienna Philharmonic coins
  • Australian Kookaburra coins
  • Canadian Maple Leaf
  • Mexican Libertad coins
  • Various bars and rounds .999+Fine that are accredited by Comex/Nymex

Platinum

  • American Eagle coins
  • Canadian Maple Leaf coins
  • Australian Koala coins
  • Isle of Man Noble Coins
  • Various bars .9995+Fine that are accredited by Comex/Nymex

Palladium

  • Canadian Maple Leaf coins
  • Various bars .9995+Fine that are accredited by Comex/Nymex

Collectable Coins

  • The only collectable coins currently eligible for your IRA is the American Proof Gold and Silver Eagle.  These are the collectors version of the uncirculated coin and must have all original box and paperwork provided by the U.S. Mint

Examples of  Unacceptable Precious Metals

  • rare or collectible coins, including certified or “graded” coins
  • South African Krugerrand
  • Swiss 20 Franc
  • French 20 Franc
  • Belgian 20 Franc
  • Mexican 50 Peso
  • Chilean 100 Peso
  • Italian 20 Lira
  • Hungarian 100 Korona
  • Austrian Corona
  • U.S. Liberty
  • U.S. Buffalo Proof
  • Dutch 10 Guilder
  • British Britannia