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!
Paul Neff says
I would like that in my collection, thanks for the opportunity, good luck everyone.
Jason Pierini says
I want to get started!!
David Vanderpool says
Starting off 2019 with a new hobby: Stacking PM. My goal for this year is to accumulate 100 oz of silver, two ounces of platinum, and one ounce of gold…and double those numbers next year, price permitting. A 1/10 ounce Gold Eagle would be a very nice start.
cindy ruth says
i have been stacking silver because i cant afford Gold. My goal is to get some gold..
My goal for 2019 is for 100 ounces of silver and at least a 1/2 ounce of gold.
Erin k says
More silver, seems like a better investment than gold. more european coins as well
erin k says
More silver, seems a better investment than gold. trying different european coins
poured bars this year.
Ian magruder says
I would love to have a gold eagle. I have only bought silver but who knows with the coming year. Thank you
Christopher Schoell says
Looking to add some gold to my stack.
Chris Ray says
Watched a couple of videos on Youtube regarding collecting gold and silver which I’ve been wanting to do for a long time. Hoping to start my collection off in the next couple of months.
AG and AU are my favorite but PD is what’s hot
Quickly acting on Provident email specials is my strategy for adding gold, silver, and for the first time, Platinum, to my stack!
Chris Pelletier says
Well my 2019 stacking resolution is to increase by 5 ounces of silver per month as we cannot afford gold at this time
Reindie S says
It will be my first 2019 Gold stack collection.
Richard Betancourt says
I’ve been stacking a lot of silver and this year my resolution is to get my first beautiful 50 Mexican Peso Centenario, this will be my first gold stack piece. Im super excited for this year! 🙂
Mike C says
Peace dollars and double eagles
Jerome Brownell says
Get a 100 Oz silver for 1.
500 Oz Silver
5 Oz gold
5 Oz Platinum
Benjamin Short says
I need more silver pandas and south african kruggs.
Mark Harrison says
Thinking about some Platinum this year.
James bates says
Stack more silver and more gold always
Chris Wroten says
Planning to complete the world of dragons (hopefully with a nice looking display case) *wink*wink*
Venise Mee says
Starting small and building
Amanda stewart says
Hope to win!!!! Beautiful piece!!!
Christopher Wolfgang says
My 2019 goal is one double eagle, one maple leaf, one buffalo, and one pre 33 coin per year.
Joshua Massey says
I want to achieve my fisrt ounce of gold!! Been doing the silver. Now i wanna get some gold in the safe. So thats my goal for 2019. Happy stacking!!
Jon Pacheco says
I’m hoping to add my yearly goal of silver and gold quotas by July this year!
I love me some gold!
Richard Jones says
I plan to purchase 1/2 oz.gold this year and Trade Silver Eagles for more New Orleans gold coins in 2019
William Bullins says
My wife said if I ever bought my first Gold Coin we would be in trouble cause I would never stop buying them. You know she might be Right!!!