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IRA-Approved Silver Koala Coins

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Sale
1 oz Australian Silver Koala BU (Random Year)
1 oz Australian Silver Koala BU (Random Year)
$30.35 $31.35
Any Quantity
Quantity Check/Wire
1 - 19 $31.35
20 - 99 $31.05
100 - 199 $30.75
200 + $30.35
Sale
2023 Australia 1 oz Silver Koala BU
2023 Australia 1 oz Silver Koala BU
$30.35 $31.35
Any Quantity
Quantity Check/Wire
1 - 19 $31.35
20 - 99 $31.05
100 - 199 $30.85
200 + $30.35
Sale
2017 Australia 1 oz Silver Koala BU (Kangaroo Privy)
2017 Australia 1 oz Silver Koala BU (Kangaroo Privy)
$34.85 $35.85
Any Quantity
Quantity Check/Wire
1 - 24 $35.85
25 - 99 $35.35
100 + $34.85

IRA- Approved Silver Koala Coins

To include these items in your Precious Metals IRA, you must first contact our IRA Department at (800) 418-0235. Find more information about setting up a Precious Metals IRA.

These coins are minted by The Perth Mint in Australia. They contain .9999 fine silver, and many have limited mintage. They can be purchased individually or in rolls of 20 or boxes of 100. These sovereign coins are backed by the Australian government.

Our Most Popular Coin: 2016 Australia 1 Ounce Silver Koala BU (Brilliant Uncirculated)

This one-dollar koala coin is sold out at the mint, but we still have some in our inventory. It had a limited mintage of 300,000. This .999 fine silver coin features a koala walking along a eucalyptus branch. The obverse displays Ian Rank-Broadley's likeness of Her Majesty Queen Elizabeth II and the monetary denomination. As with all coins, their value may change as the silver market fluctuates.

About the Perth Mint

The Perth Mint operates under the ownership of the Government of Western Australia and has become one of the world's most prominent mints. It is known for its high-quality gold, silver, platinum, and palladium products, including coins, bars, and medallions.

The mint produces iconic coin series, such as the Australian Kangaroo, Australian Kookaburra, and Australian Lunar Series, which feature changing designs each year. These coins are popular among investors and collectors worldwide.

What are the IRS Requirements for Precious Metals IRAs?

Precious Metals Individual Retirement Accounts (IRAs) rules are subject to change, so it is essential to consult the most recent IRS publications or a tax professional for the latest information. That said, as of publication time, here are a few general requirements:

Eligible Metals

The IRS specifies which types of precious metals are eligible for inclusion in a Precious Metals IRA. These typically include gold, silver, platinum, and palladium coins or bars that meet purity standards. For example, gold must be at least 99.5% pure, and silver must be at least 99.9% pure.

Qualified Custodian

To establish and maintain a Precious Metals IRA, you must use a qualified custodian or trustee the IRS approves. These custodians are typically financial institutions that specialize in handling self-directed IRAs.

Tax Reporting

Precious Metals IRAs are subject to reporting requirements on your tax returns. Any distributions or conversions to cash must be reported, and Form 1099-R will be issued by the custodian for tax reporting purposes.

You will also want to consider contribution limits, prohibited transactions, how the silver will be stored, rollover requirements, and minimum distributions needed as you set up your IRA. Remember that you cannot set up a Precious Metal IRA on your own, contact our IRA department and discuss the details of your personal investment strategy with your IRA Custodian or financial adviser.

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