Gold $2,352.39 0.27%
Silver $28.45 -1.14%
Platinum $1,040.07 -3.97%
Palladium $981.29 -0.58%
McGruff Gold Dealers Iowa Des Moines

Buy Gold Online in Des Moines, Iowa

In 1853, gold was first discovered in Iowa, resulting in a gold rush. Since then, many investors in Des Moines have turned toward gold products to diversify their portfolios, as gold has been historically proven to increase in value over time.

If you also want to invest in gold to protect yourself from inflation, consider purchasing gold from reputable online dealers, as it is more convenient than going to a physical store.

In addition, upon purchasing your gold products, the gold company will ship your items directly to your depository or home, saving you even more time. That said, learn more about gold investing and the types of gold investment below.

Types of Precious Metals Investments

The most popular assets to invest in Des Moines are gold coins, bars, and IRAs.

Buy Gold Coins

Gold coins are often the primary method of investing in gold. They are manufactured by government mints such as the U.S. Mint, Royal Canadian Mint, Royal Mint of the United Kingdom, Central Mint of the People’s Bank of China, and Perth Mint in Australia. They come with a certificate of authenticity to prove their legitimacy. Most gold coins come in four denominations: one-ounce, half-ounce, quarter-ounce, and one-tenth-ounce. Nonetheless, they often cost more than their face value, depending on the coin’s demand, rarity, scarcity, and design elements.

Buy Gold Bars

Investment-quality gold bars have the highest purity standards of 99.5%. They come in various sizes, ranging from one gram to 400 ounces. Small bars are formed by minting rolled gold sheets, whereas larger bars are produced by pouring molten gold into molds. When buying gold bars, make sure they are stamped with the manufacturer’s name, weight, and purity to ensure authenticity.

Open a Gold IRA

A gold IRA allows individuals to hold IRS-approved physical coins, bars, and precious metal stocks in their retirement accounts. They function like traditional IRAs but hold physical gold rather than paper assets. However, the IRS has strict regulations regarding the types of precious metals allowed in a gold IRA.

Invest in a Gold IRA in Des Moines

Des Moines residents can contact local or online gold sellers to set up their gold IRA accounts. They can also roll over an existing account. A company representative typically walks investors through the setup process, educates them about IRS-approved gold products, and helps choose a custodian and a depository.

If you want to roll over a traditional IRA into a gold IRA, the following accounts are eligible:

Traditional IRA
Roth IRA
401(k)
403(b)
457(b)
SEP IRA
SIMPLE IRA
Thrift Savings Plan (TSP)
However, if you are rolling over an existing IRA, make sure to complete the transfer within 60 days. If it is not, you may incur penalties for early withdrawal.

Buy Gold and Silver Coins, Bars, and Bullions Online in Des Moines

Popular gold coins:
U.S. Saint-Gaudens Double Eagle
U.S. American Eagle
Canadian Maple Leaf
Mexican Libertad
Chinese Gold Panda
British Sovereign
South African Krugerrand
Austrian Philharmonic
American Buffalo
Australian Kangaroo
British Britannia
Popular gold bars:
Credit-Suisse
Johnson-Matthey
Engelhard
PAMP Suisse
UBS
Sunshine Minting
Peth Mint
ScotiaMocatta
Heraeus
Holy Land Mint

Gold Buying Guide by State

Click on your state to learn more about investing in gold, silver, and other precious metals in your area.
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McGruff.com is not an agent or representative of any gold company or institution, and does not make any decisions about gold. The precious metal market has inherent risks. You should consult with a financial advisor before making any decisions. Submitting your information on this website does not mean that you will be approved for gold exchange. McGruff.com does not endorse any specific company. You should research all available gold exchange options for your situation. For questions about your gold exchange, please contact the gold company directly.
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