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    Eagles vs. Buffalos - what are you all stacking?

    M
    Key Takeaways
    • Okay, so I've been wrestling with this decision for a bit now and could use some input from you fine folks.
    • The reasoning was simple: ubiquity, recognized worldwide, and super liquid if I ever needed to convert a significant portion quickly.
    • Plus, with the IRA, I wanted something iron-clad in terms of IRS approval.
    The 3-step rollover process explained

    Okay, so I've been wrestling with this decision for a bit now and could use some input from you fine folks. When I finally made the leap and rolled a good chunk of my tech startup funds into a Gold IRA — we're talking about a seven-figure sum here, just shy of $3 million getting moved over the last 18 months — I went pretty heavy on American Gold Eagles. The reasoning was simple: ubiquity, recognized worldwide, and super liquid if I ever needed to convert a significant portion quickly. Plus, with the IRA, I wanted something iron-clad in terms of IRS approval.

    But lately, I've been looking at the American Gold Buffalos, and I gotta say, they're starting to sing a different tune to me. The 24-karat purity is a big draw. There’s something aesthetically pleasing about knowing it’s pure gold, no alloy. My financial advisor back in Dublin (shout out to the Columbus area crew!) keeps telling me the Eagles' 22k durability is a practical benefit, especially if I ever took physical possession – less prone to nicks and scratches. And I get that, totally. But my primary goal with this gold isn't really daily handling; it's a long-term hedge against inflation and market volatility for when things go sideways.

    I'm finding myself leaning towards diversifying my IRA holdings to include more Buffalos as I continue to add. The premiums on Eagles have always felt a little steep, even though I justified it with the liquidity argument. The Buffalo's design is also just gorgeous, truly a classic. It’s not a huge difference in my overall portfolio context, but when you're talking about hundreds or even thousands of ounces over decades, those small differences in purity and premium can add up. I even considered some Canadian Maples, but for an American IRA, sticking with US mint products feels...right.

    So, for those of you with significant gold holdings, especially in an IRA, what's your take? Are you strictly Eagles, purely Buffalos, or a mix of both? And if it's a mix, what's your rationale or ratio? Am I overthinking the 22k vs 24k durability for an IRA held at a depository, or is there a genuine edge to one over the other for long-term hold?

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    5 comments

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    Best Answer▲ 5 upvotes
    M
    matthew_murphy👑Elite (1m-5m)

    Wow, seven figures into a Gold IRA! That's a serious commitment. Good for you taking that leap with your tech startup funds.

    You mentioned it was "just shy of $3 million getting moved over the last..." - last what? Were you moving it over the last few months, last year, or something else? Just curious about the timeline of that transfer!

    Comments (5)

    1
    donald_nelson💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Dude, I hear you on this! I went through the exact same thing with my Roth conversion a couple of years back, though definitely not seven figures, haha. Ended up splitting it pretty evenly between Eagles and Maples, mostly for the variety and liquidity. Haven't regretted it yet!

    5
    matthew_murphy👑Elite (1m-5m)Real Investorabout 2 months ago

    Wow, seven figures into a Gold IRA! That's a serious commitment. Good for you taking that leap with your tech startup funds.

    You mentioned it was "just shy of $3 million getting moved over the last..." - last what? Were you moving it over the last few months, last year, or something else? Just curious about the timeline of that transfer!

    3
    ronald_morris👑Elite (1m-5m)Real Investorabout 2 months ago

    Honestly, with a seven-figure sum like that, I'd be looking beyond just Eagles and Buffalos for diversification. Both are great, don't get me wrong, but if you're talking nearly $3M in physical gold, it might be worth exploring some other sovereign mints or even a small percentage in platinum or palladium. Just a thought to spread things out a bit more.

    3
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Hey, that's a great problem to have! Congrats on the successful rollover. For a sum that large, you might want to look into the specific dimensions and storage requirements for each coin type. Sometimes, slight differences can impact vault space or even insurance costs if you're going with segregated storage. Here's a handy conversion chart from a dealer that often lists specs: https://www.apmex.com/gold-coin-melt-value-calculator

    2
    william_davis💎Premium (500k-1m)Real Investorabout 2 months ago

    Totally agree with you on the Eagles vs. Buffalos dilemma! It's a classic. Personally, I've leaned into Eagles more. Not quite the seven figures you're talking, but a decent five-figure chunk of my retirement funds are in them. Love the design and the purity, feels like a solid choice for the long haul.

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