Permalink Submitted by Alan Spross on Thu, 2009-04-30 19:01
There was a bill proposed in 2007, but it did not pass. Therefore, numismatic coins are still considered as collectibles and not eligible as IRA assets. Any IRA asset that would require an appraisal every year in order to determine a year end value for RMD purposes would be problematic.
Permalink Submitted by Alan Spross on Thu, 2009-04-30 19:01
There was a bill proposed in 2007, but it did not pass. Therefore, numismatic coins are still considered as collectibles and not eligible as IRA assets. Any IRA asset that would require an appraisal every year in order to determine a year end value for RMD purposes would be problematic.