IRA-Eligible Gold

IRS rules generally treat metals and coins as collectibles, with exceptions for specified coins and qualifying bullion.

Do not assume every gold coin qualifies

Publication 590-B specifically identifies U.S. gold coins in certain denominations and certain qualifying bullion as exceptions. Dealer product lists can be useful, but the custodian/trustee should confirm eligibility before the IRA buys an item.

Custody still matters

Qualifying bullion must meet the applicable physical-possession rule. Personal home storage can create serious tax questions.