Numismatic vs. Bullion for Gold IRA - My Experience + Qs

• •Okay, so I’ve been seeing a few posts lately about people just starting their Gold IRAs, and it got me thinking about the numismatic vs.
• •When I first set up my Gold IRA a couple of years ago, I had about $150k I was looking to roll over from an old 401k.
• •Ultimately, I went with common bullion coins – mostly American Gold Eagles and Canadian Gold Maples.

Okay, so I’ve been seeing a few posts lately about people just starting their Gold IRAs, and it got me thinking about the numismatic vs. bullion debate. When I first set up my Gold IRA a couple of years ago, I had about $150k I was looking to roll over from an old 401k. My accountant, who I trust implicitly (and who actually encouraged me to look into a Gold IRA in the first place, thanks to the tax advantages), really drilled down on the importance of sticking to IRS-approved bullion. I’m an accountant myself here in Atlanta, so I get the tax implications better than most, but even I was a bit swayed by the shiny, rare-looking numismatic coins at first glance.

Ultimately, I went with common bullion coins – mostly American Gold Eagles and Canadian Gold Maples. The premium is much lower, and the goal for me is capital preservation and hedging against inflation, not speculative collecting. My accountant pointed out that while numismatic coins can appreciate based on rarity, it’s a whole different ballgame of valuation, and they often come with much higher premiums that eat into your investment, especially for an IRA where specific purity and liquidity are key. Plus, if you ever need to liquidate quickly, bullion is just so much more straightforward than trying to find a buyer who appreciates the numismatic value of your specific collectible coin.

I’m curious though, has anyone here had a positive experience with numismatic coins in their IRA? Or even outside of an IRA, just generally? I mean, I’m pretty set on my bullion strategy for the IRA, especially after using that Tax Calculator tool to really visualize the long-term tax benefits of holding approved bullion. But I'm always open to hearing different perspectives.

Also, for those with bullion, do you diversify your coin types much, or do you stick to one or two main denominations/types to keep things simple? Trying to think about my next contribution and whether to branch out or just add more of what I already have. Appreciate any insights!