A 1 oz .999 fine silver round featuring the classic Buffalo design inspired by the 1913 Type 1 nickel.
99.9% (.999 fine)
Private Mint Round
Various
Mint Dates
Varies by issue
Composition
99.9% silver (.999 fine)
Diameter / Weight
38 - 40 mm / 1.00 oz.
IRA Eligible
Yes, IRA Approved
Available Sizes
See SKU weight
This 1.00 oz private-mint silver round gives you a low-premium entry point into physical silver without the sovereign-coin markup.
This 1 oz Silver Buffalo round is produced by a private refiner and contains 1 troy ounce of .999 fine silver. The round is a tribute piece, not legal tender, modeled after James Earle Fraser’s iconic 1913 Type 1 Buffalo nickel design.
The obverse features the Native American profile from the original Buffalo nickel; the reverse displays the standing American bison. Struck with crisp brilliant uncirculated detail, each round carries the ‘.999 FINE SILVER’ and ‘1 TROY OZ’ markings. The design is inspired by James Earle Fraser’s 1913 Buffalo Nickel and is produced by private mints rather than a sovereign issuer, helping to keep the premium lower.
Private-mint silver rounds offer one of the lowest premiums in the bullion market, making them ideal for accumulating silver weight. The Buffalo design is among the most recognizable non-government-issued silver, helping support strong resale demand. Cedar Gold’s Buyback Guarantee commits to purchase this product back at competitive market rates for as long as you hold it, with zero liquidation fees on the outbound side.
Buffalo rounds may qualify for self-directed Precious Metals IRAs when struck by an IRA-approved refiner. Check IRA eligibility with your custodian based on the specific issuer supplied. Inside a self-directed Precious Metals IRA, this product is held by a qualified custodian at an approved depository, so you retain ownership but cannot take personal possession until distribution.
Weight: 1.00 oz
Diameter: 38-40 mm
Finish: Brilliant Uncirculated
Edge: Reeded (typical for bullion strike)
Denomination: N/A
Grade: N/A
Dimensions and weight are to mint specification. Coins ship in capsule where noted; bars ship in sealed assay packaging.
Metal: Silver
Purity: 99.9% (.999 fine)
99.9% silver (.999 fine). Investment-grade silver standard.
Mint: Various
Year varies by release.
Sourced from LBMA- and COMEX-recognised refiners. Specific brand is assigned at the time of fulfilment and is confirmed on the order packing slip.
Obverse: Native American portrait inspired by the 1913 Buffalo Nickel.
Reverse: American bison in profile (private-mint tribute design).
Ships in a protective capsule. Store in the capsule to maintain the BU finish.
Sovereign mint strike with dealer-standard authentication: weight, dimensions, and recognized design.
This product meets the statutory minimum fineness for silver in a Precious Metals IRA (.999), at 0.9990 pure. Because the specific refiner is assigned at fulfillment, the round shipped into the IRA must carry an accredited-refiner hallmark (LBMA, COMEX, NYMEX, NYSE-LIFFE, LME, LPPM, TOCOM, or ISO 9000). Generic private-mint rounds without an approved hallmark are not IRA-eligible. Cedar Gold sources from approved refiners for IRA orders.
IRS REQUIREMENTS (IRC §408(m)(3))
The Internal Revenue Code sets statutory minimum fineness thresholds for metals held in an IRA: gold .995, silver .999, platinum .9995, palladium .9995. Coins must be produced by a qualifying sovereign mint; bars must be produced by a refiner accredited by NYMEX, COMEX, NYSE-LIFFE, LME, LBMA, LPPM, TOCOM, ISO 9000, or a national government mint.
Collectibles are generally disallowed under IRC §408(m); the precious-metals exception in §408(m)(3) is narrow and fineness-driven. Specific U.S. coins, notably the American Gold Eagle and Silver Eagle are listed by statute.
A Precious Metals IRA must be held under a qualified custodian (trust company, bank, or qualifying non-bank custodian) and the metals themselves must be stored at an approved depository. You do not take personal possession of IRA-owned metals while they remain inside the account.
Common depositories include the Delaware Depository, Brink’s Global Services, IDS of Delaware and Texas, and A-M Global Logistics. Your chosen custodian will coordinate shipment and intake with the depository on your behalf.
Depositories offer two storage modes: segregated (your coins are held in a dedicated account and never commingled) and non-segregated or pooled (like-kind coins of the same series are stored together and a specific bar/coin is returned on distribution). Segregated storage carries a higher fee but preserves specific-coin identity.
All IRA-approved depositories carry all-risk insurance with Lloyd’s of London underwriting covering fire, theft, natural disaster, and employee dishonesty. Annual storage and insurance fees typically run from approximately $100 to $300, depending on account size and storage mode.
Traditional Precious Metals IRA: contributions may be deductible; growth is tax-deferred; distributions are taxed as ordinary income. Roth Precious Metals IRA: contributions are after-tax; qualified distributions (age 59½ and 5-year rule) are tax-free. Physical metals held in an IRA are treated identically to paper assets for tax purposes; the collectibles-rate long-term capital gains rule does NOT apply to metals held inside a qualifying IRA.
You can fund a Precious Metals IRA through a direct trustee-to-trustee transfer, a 60-day indirect rollover, or annual contributions. Direct transfers have no frequency limits and are not reported to the IRS as distributions. 60-day rollovers are limited to one per 12-month period across all of your IRAs (the Bobrow rule).
Eligible source accounts: Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA (after two years), 401(k), 403(b), 457(b), and TSP. The 2026 annual IRA contribution limit is $7,500 ($8,600 with the age-50 catch-up, per IRS Notice 2025-67). Confirm with your CPA or custodian.
Note: Cedar Gold Group is not a tax, legal, or financial advisor. IRA eligibility information is based on IRC §408(m)(3) as interpreted at the time of publication. Consult your tax professional and IRA custodian for guidance on your specific account.
