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!
This year’s goal is a roll of ASE and 1/4 oz. of gold.
Hope’s to purchase 120 oz silver and 6 oz gold in 2019
I collected some silver, but would like to get some gold, too. Gold is such a beautiful precious metal.
Since i don’t have the midas touch, I will settle for this.
I have a big variety. But, I’m mostly stacking Silver Eagles and some generics, this year. I like the free shipping at $99.
More gold. Even something with a bit of rose gold would be nice to match my wedding ring.
Thanks for the opportunity.
I intend to stake a claim in GOLD.
already completed my goal two days ago with a 2006 silver eagle. very exciting! Now I need a 2019 gold piece!
I am new to precious metals buying. I used to chart gold prices every day by referring to the Wall Street Journal. I didn’t have a clue about how to buy any. Then life takes place and some things get put on the back burner. Now, I can’t stop reading and learning about precious metals. After coming across Provident last fall, learning from their knowledge center, I developed confidence to make purchases. I check out other dealers but still come back to Provident. I got 2 other guys involved and we have been adding our orders together to hit the price breaks. These people are easy to deal with and I am glad I found out about them
Attempting to make a gold stack!!! Providential Rocks!!!
always try to add to my collection, the Perth Mint, Lunar series, namely being the kilos with gemstone eye(s), and would really like to also acquire, an Kilo Aztec calendar Libertad, finally … lol
Hoping to add 2-3 ounces of gold this year.
Winning would be nice
Stacking goals for 2019? Conitnue stacking! More 1 kilo coins, more bars, maybe . .platinum? palladium?
Great post! Hope I can win my first piece of gold!
I am planning on continuing the America the Beaitiful series.
I’m planning to complete the Dragons series.
Beautiful Saint Gaudens design. Need one for my stack.
I’ve not yet been able to stack any gold , only silver 2018 was a tough year for us but 2019 is looking better already !!!
Continue to stack silver and when possible 1/10 oz gold.
10th oz i like it
My hope is to expand my world gold collection. I’d like to add a piece or two a month from the different countries around the world.
If I don’t win then we know this giveaway is rigged. By the way good read.
Excited to start the dragon series for the new year.
Just starting out, and have limited funds. For this year my goal is to try and start an ms70 silver eagle collection, along with other silver pieces.
I like gold, I like it a lot !!
I plan stack at least 6oz of gold for 2019.
I’ve got gold fever!
I’ve been stacking silver for a while now, but I’d love to start adding some gold to my collection!