Eagles vs. Buffalos - What are your thoughts on my next buy?
- •Okay, so I've been wrestling with this for a bit and could really use some outside opinions.
- •I'm looking to add another 5-10k in physical gold to my Gold IRA, probably in the next month or two.
- •My current portfolio is sitting right around the $75k mark, which feels pretty good, especially after everything with my late husband, David.
Okay, so I've been wrestling with this for a bit and could really use some outside opinions. I'm looking to add another 5-10k in physical gold to my Gold IRA, probably in the next month or two. My current portfolio is sitting right around the $75k mark, which feels pretty good, especially after everything with my late husband, David. He was always so meticulous with our finances, and I'm trying my best to keep that going, making smart choices to protect what he worked so hard for.
My existing holdings are mostly American Gold Eagles – a pretty even mix of 1/2 oz and 1 oz coins. I like the Eagles; they feel familiar, and I know they're widely recognized. But lately, I've been seeing a lot of chatter, even on this forum, about the American Gold Buffalos. The purity argument is definitely compelling (24k vs. 22k), and the lower premium has caught my eye, especially since every dollar matters when you're thinking long-term. I'm based here in Raleigh, NC, and I've looked at a few local dealers, but honestly, the online options seem to have better pricing on both.
Is the 24k vs. 22k a really significant factor for long-term hold in an IRA? Or is the slightly increased durability of the Eagle just not a big deal for coins that are largely just sitting in a vault at Equity Trust? I'm not planning on handling them much myself. David always leaned towards the Eagles for their historical recognition, but that was years ago, and markets change. Has anyone here switched their preference, or do you primarily stick to one over the other for your IRA? Any insights or experiences with either, particularly when looking at future liquidity, would be so helpful.