The Physical Silver Market Goes “No Offer”

Updated 1/31/21 @ 5:00 PM EST

Posted 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:

IMPORTANT UPDATE: As of 5:00 PM EST on 1/31/21 there are no dealers on Ebay selling silver 20-lot coins in quantities of at least 10. Essentially, there is no market for purchasing physical silver. Yes, there are plenty of individuals selling 20-coin lots, but this is the very first time that I have seen dealers on Ebay almost totally cleaned out of inventory.

UPDATE @ 9:45 PM EST on 1/31/21: APMEX is now offering 20-coin lots at a per coin price of $45.85. This represents a $17.27 premium (60.43%).

LAST GRAPH UPDATE: 1/31/21 @ 5:00 PM EST.

Spot Silver Price (ounce) – $27.00

Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $44.95.

Current Premium: $17.95/66.48%

RSSTALLS is the lowest price individual (not dealer) selling in quantities of 10.

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