Written by Gregory Monte.
For graphs showing the physical gold & silver premiums as well as the current physical gold/silver ratios compared to spot, please go to my website: http://www.didthesystemcollapse.org
Physical Gold Premium Summary
Despite the carnage in the spot gold market, physical gold premiums have remained steady at the high 7% – low 8% range for about the past month.
UPDATE: 9/23/20 @ 7:45 PM
Spot Price (Goldprice.org): $1,855.91
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) – Liberty Coin – $1,999.63
Dollar Premium: $143.72
Premium Percentage (Physical/Spot): 7.74%
Second lowest price dealer selling in quantity is SD Bullion: $1,999.79/7.75% Premium).
UPDATE: 9/23/20 @ 2:50 PM
Spot Price (Goldprice.org): $1,866.18
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) – Liberty Coin – $2,009.53
Dollar Premium: $143.35
Premium Percentage (Physical/Spot): 7.68%
Second lowest price dealer selling in quantity is Pinehurst Coin: $2,011.11/7.77% Premium)
UPDATE: 9/23/20 @ 10:10 AM
Spot Price (Goldprice.org): $1,872.10
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) – APMEX – $2,019.99
Dollar Premium: $147.89
Premium Percentage (Physical/Spot): 7.90%
Second lowest price dealer selling in quantity is Liberty Coin: $2,022.30/8.02% Premium).
Physical Silver Premium Summary
This chart shows the physical silver premium over spot based on the prices from GoldPrice.Org and the Ebay Dealer Price for a roll of 20 Silver Eagles (selling in quantities of more than 10). The first data point is my last purchase of a 20 roll of Silver Eagles back in August of 2019 when the premium was only 13.47%.
As the spot silver price crashed today, the physical premium climbed above 21%. It now stands at 21.55%. This is a significant jump off of its low from 9/20/20 when the premium was only 17.62%.
LAST UPDATE: 9/23/20 @ 7:45 PM
Spot Silver Price/Ounce – $21.96
Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $26.69
Current Premium: $4.73/21.55%
DBS is the lowest price dealer selling in quantities of more than 10.
Did The System Collapse? 