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    Eagles vs. Buffalos - What's everyone's take these days?

    Key Takeaways
    • Alright, so I’ve been stacking gold for a long time – probably pushing 15 years now, started doing it way before it was cool.
    • My Gold IRA is a decent chunk of my portfolio, probably sitting around the $700k mark right now, mostly physical.
    • I'm an old oil guy from Dallas, seen a few ups and downs in my time, and gold has always been my bedrock.
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    Alright, so I’ve been stacking gold for a long time – probably pushing 15 years now, started doing it way before it was cool. My Gold IRA is a decent chunk of my portfolio, probably sitting around the $700k mark right now, mostly physical. I'm an old oil guy from Dallas, seen a few ups and downs in my time, and gold has always been my bedrock. I’ve always leaned heavily on American Eagles for my holdings. The recognition, the fractional options, the fact that they're backed by the U.S. government – felt like a no-brainer for IRA purposes, especially for eventual liquidation if it ever came to that.

    But lately, I’ve been seeing more and more chatter about Buffalos. Pure 24k gold, which is appealing from a purity standpoint, and honestly, the design is growing on me. My main hesitation has always been the lack of fractional sizes compared to Eagles, which gives me more flexibility for rebalancing or smaller withdrawals in retirement. For the big IRA allocations, a full ounce makes sense, but what about smaller chunks if I need them? Is that even a valid concern anymore with how easily divisible gold is becoming, or am I overthinking it?

    I ran a quick check on the Gold vs Stocks Comparison tool just to see how gold's been holding up against the S&P over the last 10 years – and surprise, surprise, it’s been a solid performer, confirming my long-held belief. But that tool doesn't tell me jack about the Eagles vs. Buffalos premium or liquidity differences. I know premiums can fluctuate, but historically, have you guys seen much difference between the two when buying and selling a significant amount?

    For those of you with substantial physical gold in your IRA, especially those who’ve bought both, what’s your current preference? Are the slightly lower premiums often associated with Buffalos making them more attractive now, or does the 22k durability and wider fractional availability of the Eagle still win out for IRA investors? Just trying to gauge the temperature of the room. Always good to hear other perspectives from fellow long-term holders.

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    8 comments

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    Best Answer▲ 13 upvotes
    R
    richard_garcia👑Elite (1m-5m)
    Good thread. My pick has always been Eagles, purely based on liquidity and the fractional options. I started with a decent chunk of Buffalos back in '08 when the premium was tight, but I've been steadily rebalancing into Eagles ever since. When you're talking six figures in physical, those buy-back spreads matter, especially if you ever need to liquidate quick.

    Comments (8)

    6
    donna_rogers🏆Advanced (250-500k)Real Investorabout 1 month ago

    Glad to see another old timer in here! I'm with you, been stacking Eagles for a good while too. My Gold IRA is around the same ballpark, and it's mostly Eagles. A few years back I diversified into some Buffalos, just to see what the fuss was about. Honestly, I haven't really noticed a huge difference in performance or anything, but I guess it's nice to have some variety in the vault. Sticking with the classics, though!

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

    Hey, that's a serious stash! $700k in physical gold in your IRA is impressive. I'm curious, when you say "physical," are you talking about actual coins and bars that you personally hold, or are they stored with a custodian on your behalf? Just wondering about the logistics of that much physical gold in an IRA.

    10
    elizabeth_johnson💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    I hear you on the long game for gold, and $700k in a Gold IRA is definitely significant. While the Eagles and Buffalos are classics and always have a place, I've found a greater appreciation for some of the lesser-known, lower-premium government-issued coins in recent years. Sometimes you can snag some really beautiful designs with better value per ounce if you're not solely focused on the big two. Just a thought for diversifying the physical.

    6
    jason_morgan💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    Hey, that's a solid chunk of change in physical gold, congrats! On the Eagles vs. Buffalos debate, I've seen some good discussions comparing premiums and resale liquidity for both. One thing often overlooked is the specific minting year for Eagles, as some have higher numismatic value than others. Might be worth checking to see if any of yours fall into that category.

    For anyone else reading, you can find a pretty comprehensive breakdown of these coins (including historical premiums) on sites like Apmex or JM Bullion. They often have good articles that go beyond just the spot price.

    1
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    Honestly, while American Eagles have the recognizability factor, I've been leaning heavily into the South African Krugerrand for my physical holdings lately. The premium difference, even on smaller purchases, has been consistently better for the Krugs through the dealers I use here in Portland, and it adds up when you're buying in volume. Plus, there's just something about that design that I prefer.

    7
    dorothy_lopez💰Established (100-250k)Real Investorabout 1 month ago

    Okay, this is an old debate but still relevant. I started my Gold IRA about three years ago, right around when I was looking to really diversify beyond just stocks and some Vegas real estate. The spread on Eagles versus Buffalos was a big question for me then, especially since I was aiming for around a 150k rollover from an old 401k. Honestly, I found the premiums on Buffalos to be a little more palatable at the time, and I liked the pure gold aspect. If you're just starting out or still weighing options, pro tip: use the Eligibility Checker first - saved me a lot of hassle figuring out if my old 401k even qualified before I dove too deep into coin types.

    13
    richard_garcia👑Elite (1m-5m)Real Investorabout 1 month ago

    Good thread. My pick has always been Eagles, purely based on liquidity and the fractional options. I started with a decent chunk of Buffalos back in '08 when the premium was tight, but I've been steadily rebalancing into Eagles ever since. When you're talking six figures in physical, those buy-back spreads matter, especially if you ever need to liquidate quick.

    12
    ruth_perez📊Growing (50-100k)about 1 month ago

    Okay, so I'm still pretty new to the physical gold side of my IRA, just started putting about 15% of my portfolio into it last year. I've mostly stuck with Eagles because that's what my rep at Augusta Precious Metals recommended, but I keep seeing people here talk about Buffalos. What's the main difference besides the purity, and is it a big deal for a long-term hold? I'm in Albuquerque, so resale probably isn't a huge concern right now, but I want to make sure I'm not missing something important for the future.

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