Seriously debating numismatic vs. bullion for my IRA, what's been your experience?

• •Okay, so I've been wrestling with this for a while and could really use some collective wisdom here.
• •With bullion, it's straightforward – spot price, a small premium, and you're good.
• •But numismatics introduce that collector's premium, which can obviously swing wider.

Okay, so I've been wrestling with this for a while and could really use some collective wisdom here. I'm looking to add more physical precious metals to my IRA, specifically silver this time, and I'm stuck between going the bullion route or diving into numismatics. My current allocation is mostly in bullion (gold and some silver bars), but I've been hearing more chatter about the potential upside of certain numismatic coins, especially given the current market volatility.

My typical investment strategy, especially for my personal portfolio outside the IRA, leans heavily into appreciating assets with a clear intrinsic value. With bullion, it's straightforward – spot price, a small premium, and you're good. But numismatics introduce that collector's premium, which can obviously swing wider. I'm talking about more than just Eagles or Maples here; I'm looking at graded, rarer items. There's a part of me that sees the appeal of a coin that holds value not just for its metal content, but its historical significance and rarity. I've got a decent chunk, about $700k currently in my precious metals IRA from a total portfolio hovering around the $3M mark, and I'm thinking of allocating another $150-$200k to silver over the next 6-9 months.

For those of you who've gone down the numismatic path for your IRA, how has it played out? Specifically with silver, have you seen the premiums hold up or increase over the long term, say 5+ years? I'm in Greenwich, so I'm used to dealing with specialists for unique assets, but the IRA custodian requirements add another layer of complexity. Also, has anyone used the Tax Calculator when considering the difference in potential gains and how that impacts the tax implications of liquidating numismatic vs. bullion in an IRA? I'm trying to get a clearer picture of the net return differences before pulling the trigger.

My concern is obviously liquidity if I need to sell quickly, and whether the higher premiums you pay upfront for numismatics truly translate into better returns down the line in an IRA structure. Or am I just overcomplicating things and should stick to simple silver Eagles and ASEs? Any firsthand experiences, especially on the exit strategy for numismatic IRA assets, would be hugely appreciated. Thanks in advance for any insights.