Just rolled over 401K into Gold IRA, quick question about grading for you experienced folks
- •Finally pulled the trigger and got my 401k rolled into a Gold IRA.
- •Was sitting on too much paper, felt like watching Monopoly money disappear these past few years.
- •As a construction guy, I just get tangible assets.
Finally pulled the trigger and got my 401k rolled into a Gold IRA. Was sitting on too much paper, felt like watching Monopoly money disappear these past few years. As a construction guy, I just get tangible assets. Bricks, mortar, and now, actual gold. Roughly $300k moved over, and I'm feeling pretty good about it, even with the slightly higher fees for physical. Peace of mind is worth a lot these days, especially running a business in Chicago where everything feels a bit... shaky.
My question is about coin grading. The dealer I went with (Bullion Vault, they were pretty solid) mentioned that for IRA-eligible coins, the grading is important. I opted for mostly American Gold Eagles and some Canadian Maples, all fresh from the mint basically, so they’re all MS-70 or close to it. But I’m seeing some discussions online about how secondary market value can be impacted by professional grading (PCGS, NGC, etc.) even for these sovereign coins.
For those of you who have held Gold IRAs for a while, how much attention do you actually pay to the specific numerical grade beyond ensuring it meets the IRS fineness requirements? Are you guys sending your coins in for grading if they're not already certified? Or is it more of a "they're gold, they're eligible, that's what matters" kind of attitude? I’m thinking long-term here, obviously, but want to make sure I’m not missing something that could affect future liquidity or value if I ever need to liquidate down the road. Any insights would be appreciated!