The official silver bullion coin of the United States, issued by the U.S. Mint and backed by the federal government for weight, content, and purity.
99.9% (.999 fine)
Brilliant Uncirculated
United States Mint
Mint Dates
Varies by issue
Composition
99.9% silver (.999 fine)
Diameter / Weight
40.6 mm / 1.00 oz.
IRA Eligible
Yes, IRA Approved
Available Sizes
See SKU weight
The Silver American Eagle – BU pairs 99.9% (.999 fine) silver content with sovereign-grade authority, giving you a tradeable bullion position with clear provenance.
The Silver American Eagle is the flagship silver bullion coin of the United States, struck by the U.S. Mint since 1986. Each coin contains 1 troy ounce of .999 fine silver and is legal tender with a $1 face value, backed by the United States government.
The obverse displays Adolph A. Weinman’s Walking Liberty, originally created for the 1916 half dollar. The reverse features a heraldic eagle design (1986–2021) or Emily Damstra’s updated landing eagle carrying an oak branch (2021+), introduced as part of the Type-2 redesign. The coin is struck in brilliant uncirculated condition with crisp detail.
As the most widely traded silver bullion coin in the world, the Silver Eagle commands strong premiums over spot and offers unmatched liquidity. Every major dealer recognizes the coin by sight, making resale simple at any market condition. 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.
The Silver American Eagle is one of the core IRA-approved silver coins for self-directed Precious Metals IRAs. Its combination of government backing, .999 purity, and deep secondary market makes it a foundational holding for bullion portfolios. 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: 40.6 mm
Finish: Brilliant Uncirculated
Edge: Reeded
Denomination: USD $1
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: United States Mint
Year varies by release.
Struck by the United States Mint. The U.S. Mint guarantees weight, metal content, and purity on every coin, and its bullion strikes carry federal legal-tender status.
Obverse: Adolph A. Weinman’s Walking Liberty (originally from the 1916 half dollar).
Reverse: Landing eagle with oak branch by Emily Damstra (2021+) or heraldic eagle (1986-2021).
Ships in a protective capsule. Store in the capsule to maintain the Brilliant Uncirculated finish.
U.S. Mint strike with reeded edge. No overt micro-security features; authenticity is verified by weight, dimensions, and dealer recognition (the world’s most-recognized bullion series).
Backed by the Cedar Gold Buyback Guarantee
This product meets the statutory minimum fineness for silver in a Precious Metals IRA (.999), at 0.9990 pure. It is struck by a recognized sovereign mint and can be held by a qualified custodian at an approved depository.
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.
