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 collect coins from different countries. Since 2015. So my goal for 2019 is to get the newest coin for all countries I have in my collection. I also buy IRA eligible silver.
I have a excessive amount of silver but no gold , I would like to find some good bargains on gold and start a gold collection for my grandson.
I’ve always known about gold and silver but never really looked into it before. The big swings in the market were reminiscent of the financial crisis in 2007 to 2008 period. I began watching YouTube videos and learned a lot about how our banking system works. Needless to say, I’m now a gold and silver bug! My goal is 100oz of Silver and 5oz of Gold. Cheers
My goal this year is to keep stacking silver, but try to buy some gold also. I also want to buy a 2008 W 1/10 ounce Gold Buffalo this year. I only have one 1/10 ounce Gold Eagle so to win one would be great, as I have 9 grandchildren I am trying to put away for. My goal is to continue to educate my oldest grandson the importance of stacking! Thank you for a great opportunity and a well written article. Happy stacking!
My goals are to keep stacking as much as possible….probably in the range of 5 oz Au and 500+oz Ag. Also, I may start to accumulate a little Cu this year, as well.
I do like the idea of having stackable gold. Wishing everyone a great 2019.
I’ve got some silver, I’d love to start adding gold.
My 2019 goal is to keep a close eye on premiums over spot, and if & whenever they look like dropping very low, make purchases.
The goal for 2019 is to Dollar Cost average with more purchases to the best of budget capability.
I want some free gold! I have some silver, but no gold. let my first piece be a present from Provident Metals! By the way thanks for all the silver Provident!
I’m hoping to add more Palladium. Its been on fire recently!
My goal this year is to accumulate at least 2oz of gold by purchasing in affordable fractions.
My goal is to buy more gold coins , and less silver coins .
I expect to accumulate at least another 100 oz of silver and maybe an ounce of platinum or two.
I’m hoping to add a 10oz. silver bar and some fractional gold.
100 oz silver and 2 oz gold. Steady and consistent. Waiting on the ratio to go lower. DCA is the motto!
Grab the next two in the Queens beasts series along with more eagles and maple leafs.
I plan on adding gold to my collection
My 2019 goal is to purchase Moe silver than last year.
My goal is to get rid of all my factional old world gold and buy US and European Comm’s in one oz half oz coins. Also add to my stacks of ten oz bars of silver.
My goal is to add and additional 6 1/2 oz American Gold Eagles to my stack in 2019
2019 is about sticking to a monthly purchase cycle for me. Maybe alternate between silver and gold but mostly silver
My 2019 is to stick to a monthly purchase process. Debating on alternating months with Silver and Gold…
Gold is the perfect antidote to Jerome Powell’s actions.
My mother in law passed and left rare silver dollars I took it in consideration and decided I would stack gold and silver I been saving to get the 20 silver eagles you guys have in the tube deal and was looking to stack gold in fractionals since I’m not able to purchase a fool ounce I’m some what discourage because of so little to start with so I mainly been looking at silver but would love to get a ounce of gold I no I would be motivated to purchase every chance I get I’m always on yawl site and always checking gold and silver prices thanks for letting me share
Been buying silver and copper for a while…don’t have any gold yet….wouldn’t at all mind or say no to any free gold to start me off….
Just keep on piling onto what I have. More silver than gold due to cost factors.
Can’t wait to get one of these coins!
I want to add some nice pieces with a little collectability instead of all low premium stuff.
My goal is to continue stacking at a steady pace. 100 oz silver, 2 oz gold while always eyeing the ratio and adjusting as necessary. DCA applied to stacking!