Did you sink some of your IRA funds in Gold coins or silver coins in the gold boom of several years ago. well at the time it seemed like a good idea. unfortunately that has turned out to be the last place horse in the investing world!! I have only had a hand full, of customers who ever mad a dime on there investments of gold and silver put into an IRA account. part of the problem was, the only gold coins eligible where high premium proof gold eagles and Super high premium of double silver in many cases proof silver eagles. as people have been selling there ira coins we are seeing proof gold eagles with below melt values do to the large quantities coming onto the market for ira accounts .. the proof silver eagle have dropped almost 50% in premium value due again to the huge volume of IRA holdings of these very common proof silver eagles. We strongly recommend to our customers they liquidate any and all IRA holding of gold or silver. please call us to discuss the best way to do this .. which is to ask for physical coins to be mailed to you. once you get them we can come over and turn these into cash. which we feel is better resting in an interest baring accounts or mutual fund. Markham Numismatics has been in business for 30 plus years . we are a BBB Accreddited Coin Appraiser . please visit our website www.markhamnumismatics.com and see what makes us the best choice when selling your coins.
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Markham NumismaticsPast grader for PCGS with 35 Years experience grading your gold coins, rare coins , paper currency and more Blogs by Howard Markham Archives
August 2023
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