Platinum Eagles vs. Buffalos - anyone else in this boat?
- •Okay, so I'm trying to wrap my head around this Platinum IRA thing, specifically the coin choice.
- •I've got about $60-70k I'm looking to roll over from an old 401k to supplement my government pension down the road.
- •I'm based here in Albuquerque and just trying to make smart moves for retirement.
Okay, so I'm trying to wrap my head around this Platinum IRA thing, specifically the coin choice. I've got about $60-70k I'm looking to roll over from an old 401k to supplement my government pension down the road. I'm based here in Albuquerque and just trying to make smart moves for retirement.
My dealer was pushing American Eagles pretty hard – 1oz Platinum Eagles, of course. Says they're super recognizable, good liquidity, etc. All the usual stuff. But then I started looking at the Canadian Platinum Maple Leafs and even the Australian Platinum Koalas, and honestly, the premiums seem a bit better on some of those. Not huge, but when you're talking about a significant chunk of change, every little bit adds up, right?
I know the Eagles are "American," and part of me likes supporting that, but on the other hand, a buck is a buck. Is there a REAL difference in terms of long-term value or ease of selling between the Platinum Eagles and, say, a Platinum Maple Leaf once it's time to cash out? I’m talking 15-20 years from now. I'm not looking to actively trade this stuff, just a solid hedge against inflation and a good store of value. Any other government employees out there who've gone through this? What did you pick and why?