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 would like to add some color to my silver collection.
I plan on buying more silver while per oz price is down.
I want the silver/gold ratio to come on down and I want to win free gold from Provident 🙂
I just started “stacking” in precious metals, very new to it. My goal this year is to learn more. Been starting out with junk silver, I like the old coins.
As a goal, I wish to complete a series of which I am currently working on.
I’ll be stacking more silver, but I’d love to have some gold.
Complete American silver eagle album and start buying old European gold coins.
I would like to be able to get at least another ounce of gold or an ounce of palladium and or platinum.
My goal this year is to reach 5 oz of gold. Currently at 1.14 ozs, working on it slowly but surely!
My goal is to continue stacking silver while increasing my gold stack as well. The 1/10 Eagle will help!
I agree, I look forward to diversifying my portfolio in 2019!
Double Silver stack and add 10 oz of gold.
I’ve been wanting to start a collection of MS 65 Peace Dollars. I think this is the year.
I’d like to add (1) Gold Eagle and (80) Silver Eagles to the stack.
I buy silver US coins every month and gold US coins every six months.
Would like to focus on gold rather than silver since it takes up less space and is easier to manage
2019 will see a continued rise in price, so I plan on buying the traditional dips Jan/Feb and July/Aug.
I would like to buy Silver and Gold and start my collection this year.
The past 6 months I have been working on my fractional gold stack (mostly 1/10 oz AGE’s). That goal will continue through 2019.
Probably more palladium… really regretting not picking some up when it was $300.
Buy more silver and buy my first gold coin.
Would like to collect more gold series in the future.
Have some silver but would like to start my gold collection by winning this giveaway!
Would like to add some fractional gold Eagles to my collection
The remaining 2oz Silver Queens Beasts and the 1/10oz Gold American Eagle if I win.
I plan on Stacking silver this year as I am betting against the US Dollar. And hopefully, I plan on getting some Gold as well.
I plan on Stacking silver all year as I am betting against the US Dollar. I plan on buying silver two times a month. And hopefully, I would eventually like to own some Gold.
I would love to get a ‘free’ piece of gold I can never put my fingerprints on !! Look but do not touch !
Win free gold!
Would love to own my first gold coin. Have only silver at present time.