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Precious metals
Manage your non-FDIC insured precious metals account with confidence. Explore FAQs and support for transactions, reporting and account management.
Yes, we do buy back coins we have previously sold to you, but we are not obligated to do so. We do not buy back bullion bars. Please see the Account Terms, Disclosures and Agreements Booklet for additional details.
No, however, you can use your statements and transaction confirmations to make the appropriate calculations on your own merit. We recommend consulting with your tax advisor or a tax professional about any questions you may have.
A 1099-B will be generated if you sell precious metals in your unallocated account. A 1099-B will also be generated if you sell precious metals in your allocated account if we are currently holding the metals. You can access your 1099s online.
Access online
- Log in at everbank.com
- Go to a World Markets account
Choose Electronic Documents within Quick Links
- Follow the steps to view your tax documents
We do not report the purchase of metals to the IRS. When you sell metals in your portfolio, a 1099-B is generated. The 1099-B reports your total sales proceeds for precious metals sales.
Yes, you can take a distribution from your Metals Select IRA and take delivery of your coins.
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Manage your existing account or open a new one using a downloadable form from our library.
Information to keep in mind
Metals Select® products:
Are Not FDIC InsuredAre Not Bank or Government GuaranteedAre Not DepositsMay Lose ValuePurchasing or owning metals involves degrees of risk that make them unsuitable for certain individuals. You should carefully consider the suitability of such metals before making any decision. Metals Select transactions will not occur until your account is approved and sufficient funds are available. Please refer to the Specific Terms - Metals Select Accounts section in the Account Terms, Disclosures and Agreements Booklet for additional information.
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