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 purchase what I can for 2019. I’ve been stacking for a few years, but difficult to do much when living on a disability check. I was fortunate to obtain three gold buffalos over the past 18 months.
Finally decided that I have to much silver and not enough gold. So my goal for 2019 stack more gold this year. I want to stick with American coins and Mexican pesos. I said coins because I also like collecting coins, I love silver and gold but when you add a face to it, it looks even nicer.
My goal in 2019 is the same as it has been since I started – Grow the stack.
Goal is simple. More, more, more.
I want all the gold!! Haha.. but I’d really like to win a 1/10 Oz gold eagle.
300 ounces of silver in 2019 anything over that great year
I only started purchasing precious metals in 2018, and somehow probably with God’s grace it seems to me that it is the right thing to do at these times. My 2019 stacking goals include 1 kilo beautiful silver bars, rounds and coins and combine them with probably 50 g gold combi bars. I am waiting on my 2-10oz silver round stack to tower up so as I said above, I will get more kilo bars
My goal is to buy deals as close to spot as possible.
My goal is to add additional gold and attempt to consolidate some of my stacking to help the kids later when they get it.
Going for the gold!
I’ve got the silver stacking. Now, I’m ready to start hoarding that gold. Just need to get my hands on that first ounce of pirates booty.
My goal is to win a gold coin.
January’s goal is to win this tenth oz eagle, so TIA!
I want the 2018 because thats the year me and my love were at the Philadelphia Mint and I should’ve bought the Eagle then but I didn’t. The 2019 is just as good so I can repeat this story about why I don’t have the 2018 yet.
My 2019 goal is to continue adding gold and silver to the stack. Thanks Provident!
I’ve only been stacking silver, but would love to start stacking some gold.
My goal is to add gold, and exchange some of my silver for gold. One advantage is that it will take up less room (LOL).
For 2019 I am hoping to be able to continue stacking both gold and silver before the prices get too high. Hoping to add at least 3 ounces of gold and 200-300 ounces of silver.
My goals are as they have always been… Stack! Stack! Stack!
I have been stacking silver so far – my 2019 goal is to expand into other precious metals. Be nice to start with a free 1/10 0z. gold coin!
My goal this year is to balance my PM portfolio by increasing my amount of AU until I get a 70%AG/30%AU ratio. As well as to start coin roll hunting for silver and begin stacking up CU from pre-82 pennies as I find them.
Slow and steady stacking for me.
My goal for 2019 is to add 20 ounces of silver eagles to my stack. Baby steps!
Started stacking silver over the last year to protect my family from economic volatility. I’m going to keep stacking silver and would love to get some gold added to my stack. I’m aiming for 2 oz this year.
My goal is to add 6 ozt gold by midyear. I like the shiny.
My goal for stacking is to buy 20 troy ounces of silver per month for the calendar year 2019…
My goal this year is to add gold to my collection. I have been buying 1oz. coins and silver bars for several years. Help me start with adding gold this year!!!
I want to get 2 ounces of gold this year
Started in Nov 2018 stacking and loving it. Hoping to accumulate 20oz of silver / mth and 2oz of gold this year.
My goal for 2019 is the keep doing what I have been doing. Buying precious metals (mainly silver with the gold / silver ratio today) and spreading the word on the current monetary system we have and why the metals are important. Happy stacking in 2019!