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!
My goal is to buy 2 ounces of silver a month to gather a collection as this was my New Years resolution
Well I made it to 200oz of silver & half oz of gold in 2018 now its time to double down
I plan on adding to my gold stack every month. I will probably pick up some more platinum as well. I’m pretty much satisfied with the amount of silver I’ve stacked up so far.
I wish to add more gold to my silver bullion collection!
My favorite stacker is the $20 St. Gaudens.
When I met my now wife her dad (May he Rest In Peace) said to me “if your not stacking then your slacking and slackers don’t date my daughter”. That was 38 years ago.
I am going for 17% of my income is going to silver and gold. @ a ratio of 60/1
Buy more gold. Continue to stack silver.
My goal for the year is to purchase a 1 oz US Commemorative Arts Postal Gold Coin. I think that these are very attractive.
Just started stacking mid year 2018. I’m excited for the many possibilities this hobby will bring this year and years to come. Thanks Provident!
Hard to get behind Platinum and Palladium as they seem to be less liquid. Also hard to find in smaller sizes at reasonable premiums. Would love to get more though.
I simply want to win the coin.
I would like to start a collection of gold coins starting low to high
Free Money Makes stacking easier!
I would like to continue getting silver and start getting some gold
Looking to start collecting gold eagles this year. A free one would be a great start!
Goal is to stack some gold this year.
I’m hoping to double my stack this year
Been stacking silver for some time. Too much of a cheap-skate and fraidy cat to get into gold. Finally dipped my toe in with my last order.
My goal in 2019 is to first win this coin, so I can show others the beautiful coinage the US Mint has to offer. After winning we’ll probably stay away from Disney World, and concentrate on acquiring more gold bullion from our FAVORITE dealer in the great state of Texas, Provident Metals ! MAGA
I would love to turn my silver into gold, as well as start some new silver positions in unique designs.
This piece should be in it’s forever home, mine.
Like to buy on price dips, thus getting more ounces of metal for the same money.
Love doing business with them.
Silver and gold, silver and gold
Oh and platinum and palladium too!
I want to double the stack.
Keep on stacking!
For 2019 I’d like to focus diversification, currently I’m only holding silver due to budget. Some gold or platinum would balance me out nicely and act as a nice hedge against inflation.
A fun thing to do in retirement, that also add worth and protection to my family. Just love to do it ! Thank You !
I will be starting my son off with his first silver round when he is born in May 2019. I plan to get him one every year for life.
~Blake