Eagles vs. Buffalos - My 20+ year take
- •When I first started dabbling back when I was still working on the line in Detroit, it was pretty much all about the Eagles.
- •They were the standard, everyone knew them, and I liked that 22-karat durability.
- •Felt good in the hand.
Been seeing a lot of chatter lately about American Gold Eagles versus American Gold Buffalos, and as someone who's been holding gold for over two decades now, I figured I'd throw my two cents into the ring. I’ve probably got around half a million, maybe a little more, tied up in precious metals these days, mostly IRA, and a fair chunk of that is in Eagles.
When I first started dabbling back when I was still working on the line in Detroit, it was pretty much all about the Eagles. They were the standard, everyone knew them, and I liked that 22-karat durability. Felt good in the hand. Over the years, though, the Buffalos really started making their presence known, and for good reason – that pure .9999 fine gold is undeniable. I even picked up a few of them when they first came out, just to diversify and see what the fuss was about. Honestly, both are solid choices for an IRA, and I haven't regretted holding either.
My personal preference still leans a bit towards the Eagles, purely out of habit and that slightly more robust alloy. I’m thinking long-term here, not trying to flip coins. The small premium difference doesn't really factor into my bigger picture. But for new investors coming in now, especially if you're thinking about the purest possible gold you can get from the US Mint, I can totally see the appeal of the Buffalo. What do you all think? For those of you who hold both, any strong feelings one way or the other for your IRA? Or is it really just a wash?