Krugerrand
Gold IRA Glossary
A South African gold coin introduced in 1967 and one of the most widely held bullion coins in the world. Its 22 karat (.9167) gold content falls below the .995 IRA minimum, and unlike the American Gold Eagle it has no statutory exception, so Krugerrands cannot be held in an IRA. They remain a low-premium option for gold purchases outside retirement accounts.
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