With the New Year upon us, you may be pledging to get in shape, save money, or learn a new hobby. But have you made any stacking resolutions?
As we enter 2019, we find that spot prices are still hovering near historic lows while fundamentals in the precious metals markets are strengthening. So there’s no better time than now to evaluate your bullion collection and make some clear goals for how to capitalize on what could be some shining years ahead for metals. In that spirit, here are a few ways you can brighten your bullion collection in 2019.
Accumulate or complete a series
Maybe you’re looking for that final piece in the Queen’s Beast series to top off your collection. Or you’re excited to start something new, like our World of Dragons series. Or maybe you’ve accumulated every year of the Gold Lunar series, but never got around to picking up the 2019 release a couple of months ago. Or, like many disheartened gold and silver bugs in recent years, maybe you haven’t added to your stack at all lately because you’re waiting for a sign that precious metals markets are on the move up.
Whatever the case, now is the time to capitalize on low (but rising!) spot prices and attractive premiums to fill in any gaps in your collection!
Balance your bullion
Amassing bullion can be so fun that it’s easy to suddenly find yourself with too much of one type. But a mix of metals in a precious metals portfolio is the best way to take advantage of the unique supply and demand drivers behind each one of them.
So take advantage of the New Year’s fresh start to find ways to balance your bullion portfolio. Is your stack too silver-heavy? Then you’ll want to make a mental note to watch for specials on gold throughout the year. Have you always wanted to get in on platinum but were scared away by the price? At record low values, now is a perfect time to be on the lookout for great platinum deals.
Or maybe you find yourself with too much of one form. When you take a look at your collection, do you just see a stack of 1 oz coins? Then you might want to pick up some silver or gold bars in different weights to make your bullion portfolio more flexible and tradeable in the future.
And don’t forget: when it comes to different forms, you aren’t just limited to physical bullion that you hold in your hand. With spot prices on the move in 2019, you’ll want to earmark a portion of your precious metals portfolio to DGGold so that you can buy and sell quickly when the time is right.
Organize and store your bullion
Your responsibilities as a bullion investor aren’t over when the metals arrive at your door. Protecting your pieces from damage and the environment is just as important as ensuring you have a well-diversified portfolio. But it’s easy to fall behind on ensuring that your precious metals stay in top condition for generations to come.
Pure gold and silver are soft and easily scratched, dented, or nicked. So take time to make sure that each of your individual coins, bars, or rounds are kept in their original plastic flip. Or better yet, consider purchasing a PVS-free, Air-Tite capsule for every individual coin or bar you purchase this year.
Check to see if you’ve purchased enough individual coins or bars to start stacking them in protective tubes. And if you’re a serious collector, you can store several tubes at a time in secure monster boxes. Don’t forget to throw in a couple packets of silica gel to keep humidity levels low, and always handle your metals with soft gloves to prevent damage from your skin oils.
Sell what you don’t need
With a fresh year upon us, now is the perfect time to take a look at your collection with an unbiased eye to make room for what you really need. No matter how much you may be attached a piece, if it’s not contributing to the value of your stack, then maybe it’s time to let it go.
Consider selling back some of your bullion so that you can free up funds (and space) to potentially complete a collection or accumulate pieces that will not only bring you joy, but boost your bottom line, too.
Which leads us to…. Our January giveaway! We would love to hear about your 2019 stacking goals. Do you have specific objectives in mind for your bullion collection this year? Your comment below will serve as your entry in our January giveaway. Submit your comment (one comment only please) by January 31st, and one winner will be randomly selected on February 1st to receive a 2019 1/10 oz American Gold Eagle to help them get started on their stacking resolutions! Good luck!
I want to start getting into more gold and platinum to change up my staking form Silver.
I would really like to find the Queen’s beasts that I don’t have. Also would like to try platinum if finances allow after tax refund comes.
Hoping to buy 20 ounces silver per month
I want a Gold American Gold
There’s nothing I enjoy more than stacking silver and gold and Provident Metals is my supplier!
I’ve been collecting silver for years, just started collecting gold. I only got 2 gold coins so far, would like to add number 3.
Plan to increase my Silver Eagle holdings.
Saving for my grandkids college fund hopefully this will add to it thanks
This year I would like to hit the 1000 ounces of silver mark.
Been getting silver for years, would like to break into gold
I’ve done a lot of business with Provident throughout the years and plan on continue buying more silver and gold. Great company!
I’ve been buying gold for my grandkids college fund hopefully this will add to there further thanks
2019 plan is to stack total of 500 oz of silver and little more GOLD!!
Planning on selling off some gold to out in Bitcoin.
Silver – 10 oz bars!
I’m to poor to collect gold and want a shot at the coin
I would like to add another 200 ounces of silver to my stack.
I’m pretty well balanced among all my investments right now. Waiting to see which sector crashes first, providing a buying opportunity.
Thanks for the opportunity to to win this 1/10 Oz gold Coin.
Good Luck All and Happy 2019
“Keep Stacking”
In 2017 I converted much of my gun collection into gold & silver bullion. In 2018 I converted my collection of high end slot cars into gold & silver. In 2019 I will convert my stamp collection and etc.
I hope the market stays low. I still have much more to buy and I believe that when the market finally starts going up it will be going way up.
If you haven’t started to buy yet or you’ve been slow about it you better start because you probably don’t have much time left.
Continue to stack as much as possible every two weeks!
Silver is the future
My goal this year is to fill one monster box of silver (depending on where the price goes). A litttle money in the 401, a little in savings, a little in silver. Retire early? Let’s hope.
Just want the coin. 🙂
My goal is to buy silver American Eagles to give as Christmas presents to my nephews every year. I was able to do this last year, but I have to be good about my budget this year!
As others have stated, I am hopeful for an increased silver price as the ratio of gold to silver increase is out of balance. This tells me to expect an increase in silver @ some point (hopefully soon)
I want to continue with Provident’s Dragon Series and a bit of gold bars if possible.
My goal this year is 200 oz of silver and 1 oz of gold minimum. This year I plan to focus primarily on Silver Eagles, and for gold I would like to get the 1 oz Britannia Bar.
Im hoping to one or two ounces of gold eagles, but I also like platinums price at the moment, so I want to pick up a one or two platinum eagles this year as well.
Make it Great!!