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American Gold Eagle

Gold IRA Glossary

A gold coin produced by the United States Mint and one of the most widely traded gold coins in the world. Its gold content is 22 karat (.9167 fine), which is below the usual .995 purity minimum for IRAs, but the tax code specifically allows it as an exception. Gold Eagles are available in several sizes, with the one troy ounce coin being the most common.

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