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 waiting to see where it goes in the next week or so. If silver increases by another $.25 by the end of the week, I am going to start stacking again, hopefully at about 10 oz per month.
Want to sell some of my silver rounds/bars and add more fractional gold (1/2, 1/4, and 1/10 oz). And maybe add a bit of platinum.
My goal is to complete my Dansco 7070 and stack on some more 90%
To increase my holdings of PT.
My goal is to pick up at least three ounces of gold this year.
I am “all in for Silver”…tough to stash… so may venture into a pre-33 goldie. The only gold I have is in huge tooth I have been carryiin’ around for 70 years.
Metals and cryptos. Want to try and load up on more platinum too.
I just was able to pick up my 1st piece of gold at the end of last year. My resolution for the new year is to have at least 2oz of gold by the end of 2019.
I would like to add to my American Silver Eagles, Chinese Pandas, and Australia Kookaburra collection projects. I would also love to get my first gold bullion addition in 2019.
Im at 60oz of silver and 1 oz of gold I plan to keep staking for my son I am 26 I have only been stacking for one year I ready to keep building so my son can have a easy life
I definitely am excited to see more of the World of Dragons pieces. So I’ll be getting more of those. I’m also looking to complete a kookaburra set, if I can.
Make some more money so I can stack some more real money!
Make some more $$$ this year so I can afford to stack some more!!!
I plan on adding to my Silver stash in 2019! Provident Metals is the BEST price around!!
I could like continue to buy about 10 oz of silver every 3 months. Also this year I would like to buy my 1st 1 oz gold bar
Would love a gold coin! Don’t have one.
I just hope to buy a little of both gold and silver throughout the year.
I started to invest in gold during 2018, but I plan on shifting back to silver, hopefully some more nicely toned Morgans and old bullion will be in my near future.
My goal is to fill the small treasure chest I have on my desk with silver. Then eventually trade that silver for gold.
I’d hope to buy a 1/10oz gold eagle coin if I have enough pocket money, or hope lucky enough to win this coin.
Just getting into stacking. Thanks for the great price and looking forward to building my stack in 2019. Show me the gold!
My goal is 5oz of gold and 200 oz of silver. I Desperately want to look like Scrooge McDuck one day lol
Maybe more platinum.
Looking for good deals!
I’ll buy some 1/10 oz gold eagle coins in 2019 if gold price drop back to $1050 in Dec 2015. Nothing is impossible right?
Before the year is over I want to learn about the presses/equipment that was used to make the 1907 gold high reliefs. Do they still exist, are they in a museum? Why are some wire rim? etc.
I like 1/10oz AGE coins, I’ll buy some if I have budget, I hope to win this coin.
My goal is to add a 19th Century gold Eagle. Should be doable as long as spot and premiums remain low.
I will continue to buy silver and gold on the dips.
Bring on some gold. I only have silver!