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 am working on budgeting funds to collect several pre 1933 gold coins in various denominations to being to add to and fill in my collection.
Hello just started my stacking venture last year and entered in a very interesting time I believe with silver prices at a good price. Looking to continue stacking in the future my goal is to stack more ASE and Maple Leafs also branching out to see what other bouillon options out they’re. Really looking forward to adding more international coins and of course maybe some Gold too 🙂
Thank you and keep on stacking!
Angel
I am trying get 250 oz of silver this year!
I never win these things, but you cant win if you dont play.
My goal is to continue to buy 1oz of silver bullion every two weeks(which i accomplished last year) but would like to buy .25 oz of gold bullion per quarter in 2020! Small incremental steps for my families future!!
For 2019, I am hoping to slowly add to my small gold and silver collection. Wife and I have taken a slowdown/pause on PMs to try and increase our 401K and pay off our house quicker, and eliminate other bills.
I would love to see the ratio shrink and see silver prices climb some. My goal is to eventually own a 1oz AGE. I have two 1/10 oz AGEs and they are amazing!
I am new at this. I want to start stacking.
I would love to have one gold piece in every form and design. Eagles, Brittanias, proofs etc.
If I win the gold coin it will be the first one I own. Thank you.
My goal for 2019 is to stack 5 ounces of gold and 100oz of silver
Would really like to double my stack this year.
I am taking steps to aquire one 20 coin tube of the one ounce silver eagles from 1986 through 2019. Halfway there now, maybe by the end of the year complete! !!!!
I would just like to win the gold…
My collection will never be complete.
I would love to add gold to my stacking collection! This would really be a great start! Thanks Provident!!!
Thanks for years of great coins!
I plan on buying more Gold, Silver, Platinum & Copper coins/rounds to finish out some series that I’ve been building. I always check Provident metals before any purchase, they are always very competitive in pricing and availability. Here’s to stacking in 2019..Provident Rocks!
My goal for 2019 is to co tonue working towards my retirement, with the help of Provident Metals.
I would love this for my granddaughter.
I am silver heavy. I need to buy gold in 2019
my plan is to finish my ATB 5oz 2018 collection I just get the burnished p minted coins. collect more gold. get in the palladium market. also buy a 1883cc to finish that set. and get the 2019 ATB 5oz coins.
I’m not stacking a lot of silver, just like collecting a few pieces I find appealing.
I would like to accumulate as much silver bullion as possible. But i love gold as well.
More bullion
This year I want to acquire at least one oz of Palladium and Platinum. I love silver and Gold but it would be great to be able to show all four metals to my friends and family.
I would like to add to my stack of silver eagles in 2019. Bought some palladium in 2018. Maybe get some more this year. A free gold eagle would be nice too!
I’d like to buy more gold, probably in 1/10 oz.
Mane platinum after I get a couple oz. of gold!
My goal is to reach a thousand ounces of silver and 10 ounces of gold.
I’d say I hoping to stack 10 oz. of gold & 90-100 oz. Silver & possibly 2 oz. Platinum… this eagle would help the stacking
I recently retired and with a $4835.00 monthly income I’m jumping in on the market especially since I have no debt. Look out here I come. Tony