ASE vs. Buffalos - what's the play these days?
- •Most of my stash, probably 80% or so of my $75k Gold IRA portfolio , is in American Gold Eagles.
- •But I've been thinking about diversifying some of my upcoming contributions.
- •22k, that's a straightforward argument financially.
Alright, so I’ve been holding a good chunk of my retirement in physical gold for a few years now, and it's been a godsend with all the uncertainty swirling around. Most of my stash, probably 80% or so of my $75k Gold IRA portfolio, is in American Gold Eagles. Feels good knowing I’ve got that government backing, especially coming from an agricultural background here in Fresno where you learn that tangible assets are king. But I've been thinking about diversifying some of my upcoming contributions.
My dealer keeps trying to push me towards Buffalos, saying the premiums are usually a little lower and the purity can be a selling point for some buyers down the line. I get it, 24k vs. 22k, that's a straightforward argument financially. But honestly, I just like the look and feel of the Eagles more. Plus, I'm pretty comfortable with the liquidity if I ever need to cash out a portion when I eventually retire, probably in about 10-15 years. My biggest concern isn't really "selling" but more about having an asset that holds its value, full stop.
I’m looking to drop another $10k into the IRA by end of Q3, and I'm genuinely torn. Historically, Eagles have just felt like the more "American" and therefore more secure option to me, especially when you think about the global market. But is that just sentiment? Are the lower premiums and 24k purity of the Buffalos actually enough to swing it for you guys?
For those of you with significant holdings, especially in an IRA, what's your split between Eagles and Buffalos? Has anyone had any issues with either when it comes to storage or selling, even decades down the line? I'd love to hear some real-world experiences beyond just what my dealer tells me.