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!
Well I have collected all kinds of coins and metals so that one day I might be able to help my grand kids with collage for I had no help and it was tough but I made it with a 3.75GPA ! I know it costs a lot more now than it did back then so I save to help and PEOVANT keep up the awesome work !
SORRY I MEANT PROIDENT ?
My main man on da Silver Mountain, blonde Mikey, surnamed Maloney , he’s not full of bologna , counseled me back in the day in some forgotten book, “You needs to hit 10,000 mark, son.” So 4 2019, my targets are 830 oz of 10 oz bars, 200 oz of 5 oz bars, 300 oz of 5 oz rounds. To be flexible, I’ll sub in some 1 oz rounds in like quantity to adjust in case a supplier flashesales me with some lewd fire sale pop up, “Get yer AZ o’er here, sonny, we got the best price/spot on yada-yada-yada-yada.” Last time they popped one a those, it led to a 100 oz bar, which was necessarily passed in a hurry as in sideways so it felt. Mikey whispered yesterday, “Another dip is coming before the log rolls over, son, beef up your cash or you’ll get real sore next round.” There’s a bit a consternation as to whether it’ll go below what I paid earlier, which is less than where tis at nowadays, but this is the end, beautiful friends….
My goal is buy silver every month
I want to stack 10 oz of silver a month
I want to buy at least 2 ounces of gold this year.
I plan to buy as much silver as I can. Wish I could get out of my 401k before the market crashes. Hope it could wait till I turn 59 1/2 so I could draw it all out. Maybe I will since I would lose more than the 30% penalty I would incur if I withdraw versus if it crashes
Would love to keep stacking silver! Gen 1oz rounds seem the best to move if needed!
Would like to buy an ounce of platinum during a dip in spot.
Also wouldn’t mind picking up some lunar series 2 gold and/or silver, if my budget allows.
Go gold!
I hope that I can buy another double eagle this year to keep the one I already own company (stack buddies).
I would like to buy at least two 100 oz silver bars before the end of the year.
My goal is to stack my first ounce of gold by the end of the year.
I’m trying to buy more gold as to balance out my silver stack, which currently stands at 46 ozs. But I am also getting gold for my parents so that they have something else incase their retirement portfolio goes tits up. They lose everything in a stock market crash.
“Slow and steady and steady and slow, and that’s the way we always go!” However, I will be purchasing a few 24k gold bracelets in the event Uncle Sam comes knocking at the door.
My goal for the new year is to get all the dragon series that get released. The Aztec was so well done, I cant wait for the others.
I like shiny things. I want more. I will probably buy a few more in 2019.
American eagles, still the best coin made by the US mint
Me Wishy Havey Gold!
Would love to continue my investing in “spending” bullion and collectible bullion! Good luck to fellow investors!
I need to replace the 5oz of gold, 110 oz of silver stolen in 2015 by Charles McAllister of Bullion Direct infamy. He still has not been arrested or indicted for the theft of. Estimated $24Million of precious metals from 6000 customers. Out of bankruptcy I am due $300.00 from him.. just $10200 short of what he stole.
Great idea silica gel packs! I always save those that come with shoes, over the counter medications. I use them in my jewelry chest and tool box.
Looking to work more on my gold stack this year. My silver stack has really grown in 2018
Want to balance it out.
Wanting to get my gold stack started. My silver stack is well on it’s way!
I have just started investing in presious metals and look forward to expanding my collection in 2019. I hope to trade a portion of my silver into gold as the gold to silver ratio narrows, of which I am certain it will this year.
I’m hoping this government shutdown ends sometime soon so I can continue stacking. Until it does though, my stacking goals are on hold and if it goes on for too long, I might be having to liquidate some unfortunately.
Every year I buy at least 1/10 oz gold for each of my kids. They’ll each have a full oz but the time they’re 10. I always buy a full roll of silver eagles to put in the safe. I also set aside as much as I can, and when the market dips- I buy a chunk of gold or silver. Palladium and platinum are starting to interest me.
Duke
I’m mostly interested in platinum at the moment due to it’s extraordinarily low cost vs. gold and palladium. I doubt it’ll be as low against those two metals in five years. I’m selectively also looking into gold and acquiring some in very small quantities when the markups are minimal and the markets don’t look overbought.
5 ounces of gold and 50 ounces of silver.
I want to complete all collections that I’ve started X 10. I just started collecting, but I am absolutely addicted. I also hope to catch the items that sell out to fast due to their popularity. I had no idea I was a collector. Feels good to have another passion.
The goal for 2019 is to add a total of 5 ounces of gold. Half in fractional bars and have in classic pre-1933 American coins. Also to complete my 2nd set of silver eagles and add 50 ounces of silver bars.