Leaning Buffalo now, but Eagles just seem more liquid
- •Okay, so I've been wrestling with this for a bit and wanted to get some other folks' take.
- •For context, I've got a decent chunk of change (around $65k) in my Gold IRA right now, mostly Eagles I picked up over the last few years.
- •Especially with how wild things feel these days.
Okay, so I've been wrestling with this for a bit and wanted to get some other folks' take. For context, I've got a decent chunk of change (around $65k) in my Gold IRA right now, mostly Eagles I picked up over the last few years. My husband and I are farmers here outside of Kansas City, and honestly, the thought of having something tangible that feels like real wealth is just so reassuring. Especially with how wild things feel these days. I mean, you can't exactly farm with fiat currency if everything goes sideways, can you?
Lately, I've been looking to add another $10k or so, and I'm really torn between sticking with more American Gold Eagles or venturing into American Gold Buffalos. My current dealer is pushing the Buffalos pretty hard, talking about their purity and how some folks just prefer 24k. I get that, I really do. The idea of pure gold just feels more substantial, you know? Like a truer hedge against whatever market craziness comes next. My neighbor down the road, bless her heart, swears by her Buffalos.
But then I go online, and it seems like Eagles are just… everywhere. Easier to buy, easier to sell, seem to have broader recognition. It’s that liquidity factor that keeps nagging at me. If, God forbid, I needed to sell a few ounces quickly for some unexpected farm expense, would a dealer be more likely to snap up an Eagle without a second thought compared to a Buffalo? Is that 24k purity worth potentially sacrificing a bit of that immediate market recognition?
Has anyone here with a similar portfolio size (or even larger, I'm just curious about all experiences) diversified into Buffalos after starting with Eagles? Or vice versa? What were your reasons? I'm trying to think long-term here, for when my grandkids might eventually be looking at this, but also trying to stay practical about potential needs. Any insights would be appreciated!