Gold and Silver Crash Lower … But Are the Physical Premiums Declining?

Updated 9/23/20 @ 7:45 PM

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

Updated 7/23/20 @ 7:45 PM

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.

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