Silver Bullion Premium Update and the Lowest Official Silver Coin Price in the Market

by Steve St. Angelo
SRSRocco Report

Premiums for silver bullion products have declined over the past two weeks but are still quite high for American Silver Eagle coins. The average 2020 Silver Eagle premiums from the leading online dealers have fallen from over $10 per coin and are now in the $8 range.

I have kept track of the 2020 Silver Eagle premiums on a spreadsheet since May 18th. The four leading online dealers’ average 2020 Silver Eagle premium reached a high of 64% at $10.97 per coin on May 21st but has fallen to 51%, $8.95 per coin on close of Friday:

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