Eagles vs. Buffalos - What are y'all thinking for long-term hold?
- β’I've been going back and forth on my next gold purchase and could really use some input from this community.
- β’It felt right, you know?
- β’After seeing what happens with bank accounts and all that digital funny money, having something you can actually hold feels like real security.
I've been going back and forth on my next gold purchase and could really use some input from this community. After selling off a chunk of inherited farmland earlier this year (finally got a good offer after all these years!), I moved about 60k into my Gold IRA. It felt right, you know? After seeing what happens with bank accounts and all that digital funny money, having something you can actually hold feels like real security. My grandma always said, "Dirt and gold, those are the only things that truly last," and she wasn't wrong. Raising cattle on a commodity market, you learn real quick that tangibles beat paper promises any day.
So, here's my dilemma: I'm looking at adding another 10k or so in physical gold this fall, mostly for long-term holding. I've got some American Gold Eagles already, but those Buffalos are looking mighty appealing. The numismatic value vs. pure gold content always gets me. For a long haul, 20+ years, which do you think makes more sense? Iβm in Kansas City, so buying and storing locally isn't a problem, just trying to maximize that value when the time comes. Are people seeing better premiums on one over the other lately?
I've been using that Silver vs Stocks tool on Gold IRA Blueprint to check how silver has been doing against the S&P 500 over the last decade, and it's pretty eye-opening how much better having physical assets performed during some of those dips. Makes you wonder if gold will pull a similar move eventually. But back to the coins β Eagles or Buffalos for the win? Or should I just split the difference?
Any thoughts or experiences, especially from those who've held both for a while, would be greatly appreciated. Thanks in advance!