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
The physical gold premium finished the week at 7.35%. It hasn’t been this low since early April when several dealers where offering “daily deals” on gold coins that were significantly under the standard market price.
Here is a short history of the physical gold premium story since April 1, 2020:
- In early April that there were several large dips in premium. These were daily dealer specials which have not appeared since.
- The physical premium hit a high on 4/21/20 – $232.27/13.77%
- On 4/29/20 the premium price fell below $200.00 per ounce and has remained there since.
- On 4/29/20 the premium percentage fell below 12%.
- Since 5/6/20 the premium percentage has been below 11%.
- On 5/10/20 the premium percentage went below 10% and, despite a brief move back above (on the mornings of 5/12/20 & 5/13/20), it is now back below 10%.
- On the morning of 5/25/20 the premium went back above 10%.
- On the afternoon of 5/26/20 Pinehurst Coin offered a “daily deal” which brought the premium back under 10%. The “deal” continued into 5/27 when Liberty Coin undercut Pinehurst bringing the premium even lower It has now dipped below 9%.
- The premium went back above 9% on 5/31/20 but didn’t stay there long as the very next day it dipped below.
- The premium went below 8% for the first time on 6/8/20. It danced above and below 8% for the next week or so until on 6/17/20 it settled firmly below the 8% threshold.
Weekly Physical Gold Premium Summary
Date: 6/19/20
Time: 7:30 PM
Spot Price (Goldprice.org): $1,743.47.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,871.60.
Dollar Premium: $128.13
Premium Percentage (Physical/Spot): 7.35%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,871.80/7.36% Premium).
Date: 6/19/20
Time: 1:30 PM
Spot Price (Goldprice.org): $1,741.00.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,873.33.
Dollar Premium: $132.33
Premium Percentage (Physical/Spot): 7.60%
Second lowest price dealer selling in quantity is DBS Coin: $1,873.60/7.62% Premium).
Date: 6/19/20
Time: 9:00 AM
Spot Price (Goldprice.org): $1,735.46.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): DBS Coin – $1,867.07.
Dollar Premium: $131.61
Premium Percentage (Physical/Spot): 7.58%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,867.21/7.89% Premium).
Date: 6/18/20
Time: 5:15 PM
Spot Price (Goldprice.org): $1,722.57
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,856.81.
Dollar Premium: $134.24
Premium Percentage (Physical/Spot): 7.79%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,857.32/7.82% Premium).
Date: 6/18/20
Time: 9:55 AM
Spot Price (Goldprice.org): $1,726.09.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,858.64.
Dollar Premium: $132.55
Premium Percentage (Physical/Spot): 7.68%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,860.48/7.79% Premium).
Date: 6/18/20
Time: 8:45 AM
Spot Price (Goldprice.org): $1,723.69.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,859.67.
Dollar Premium: $135.98
Premium Percentage (Physical/Spot): 7.89%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,861.31/7.98% Premium).
Date: 6/17/20
Time: 9:00 PM
Spot Price (Goldprice.org): $1,727.08.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,861.12.
Dollar Premium: $134.04
Premium Percentage (Physical/Spot): 7.76%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,863.34/7.89% Premium).
Date: 6/17/20
Time: 11:15 AM
Spot Price (Goldprice.org): $1,724.48.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,860.49.
Dollar Premium: $136.01
Premium Percentage (Physical/Spot): 7.89%
Second lowest price dealer selling in quantity is Liberty Coin: $1,865.56/8.15% Premium).
Date: 6/17/20
Time: 8:30 AM
Spot Price (Goldprice.org): $1,717.38.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,851.52.
Dollar Premium: $134.14
Premium Percentage (Physical/Spot): 7.81%
Second lowest price dealer selling in quantity is Liberty Coin: $1,856.65/8.11% Premium).
Date: 6/16/20
Time: 7:50 PM
Spot Price (Goldprice.org): $1,727.13.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,865.18.
Dollar Premium: $138.05
Premium Percentage (Physical/Spot): 7.99%
Second lowest price dealer selling in quantity is Liberty Coin: $1,867.40/8.12% Premium).
Date: 6/16/20
Time: 9:00 AM
Spot Price (Goldprice.org): $1,727.83.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,862.53.
Dollar Premium: $134.70
Premium Percentage (Physical/Spot): 7.80%
Second lowest price dealer selling in quantity is Liberty Coin: $1,867.60/8.09% Premium).
Date: 6/15/20
Time: 8:10 PM
Spot Price (Goldprice.org): $1,726.74.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,862.63.
Dollar Premium: $135.89
Premium Percentage (Physical/Spot): 7.87%
Second lowest price dealer selling in quantity is Liberty Coin: $1,865.68/8.05% Premium).
Date: 6/15/20
Time: 12:00 NOON
Spot Price (Goldprice.org): $1,719.41.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Liberty Coin – $1,859.24.
Dollar Premium: $139.83
Premium Percentage (Physical/Spot): 8.13%
Second lowest price dealer selling in quantity is Bullion Exchanges: $1,859.87/8.17% Premium).
Date: 6/15/20
Time: 10:00 AM
Spot Price (Goldprice.org): $1,705.88.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,842.02.
Dollar Premium: $136.14
Premium Percentage (Physical/Spot): 7.98%
Second lowest price dealer selling in quantity is Liberty Coin: $1,846.47/8.24% Premium).
Date: 6/15/20
Time: 8:15 AM
Spot Price (Goldprice.org): $1,712.04
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,847.93.
Dollar Premium: $135.89
Premium Percentage (Physical/Spot): 7.94%
Second lowest price dealer selling in quantity is Liberty Coin: $1,849.70/8.04% Premium).
Did The System Collapse? 