American Eagles vs Buffalos - what are you seeing out there?
- •Alright, so I’m sitting here in Aspen, watching the early snow dust the peaks, and I’m reviewing my portfolio.
- •Mostly real estate right now, as you can imagine, but I’ve got a healthy chunk in physical gold.
- •I’ve been stacking for a while, always been a firm believer in tangible assets, especially with the way the market’s been these last few years.
Alright, so I’m sitting here in Aspen, watching the early snow dust the peaks, and I’m reviewing my portfolio. Mostly real estate right now, as you can imagine, but I’ve got a healthy chunk in physical gold. I’ve been stacking for a while, always been a firm believer in tangible assets, especially with the way the market’s been these last few years. My current allocation is probably 60/40 in favor of Eagles, but I’m wondering if I should be tipping that scale more towards Buffalos.
I started heavy with Eagles back in the early 2010s when I first really got serious about diversifying away from just land. They felt like the obvious choice – government-backed, widely recognized, and good liquidity. Plus, that 22-karat durability made them feel more bomb-proof for the long haul. My initial million-dollar gold purchase was almost entirely Eagles. But lately, I’ve been picking up more Buffalos. That .9999 purity is appealing, and frankly, they just look better in the safe. I’m thinking about making my next $500k allocation into Buffalos, maybe even more.
What are you guys seeing in terms of premiums on these? I've got my established dealers, but I’m always open to new insights. Are you finding a significant difference in buyback prices or how quickly they move if you need to offload? I’m not planning on selling any time soon, but you always have to consider the exit strategy, right? Also, any thoughts on the long-term collectibility of one over the other? I treat these primarily as investments in metal, but a little numismatic upside never hurt anyone. Just curious what the general consensus is among those of you holding substantial physical. Cheers.