diff --git a/src/compressed_tensors/quantization/lifecycle/forward.py b/src/compressed_tensors/quantization/lifecycle/forward.py
index e9db69ae..43266503 100644
--- a/src/compressed_tensors/quantization/lifecycle/forward.py
+++ b/src/compressed_tensors/quantization/lifecycle/forward.py
@@ -112,18 +112,22 @@ def _maybe_calibrate_or_quantize(
     }:
         return value
 
-    device = next(module.parameters()).device
-    scale = getattr(module, f"{base_name}_scale")
-    # zero_point = getattr(module, f"{base_name}_zero_point").data
-    zero_point = getattr(module, f"{base_name}_zero_point")
-
-    if module.quantization_status == QuantizationStatus.CALIBRATION:
-        # get observer and get new quant params from observation
-        observer = getattr(module, f"{base_name}_observer")
-        updated_scale, updated_zero_point = observer(value)
-
-        # update scale and zero point
-        scale.data = updated_scale.to(device)
-        zero_point.data = updated_zero_point.to(device)
+    observer = getattr(module, f"{base_name}_observer")
+    if observer.DYNAMIC:
+        # dynamic quantization - get scale and zero point directly from observer
+        scale, zero_point = observer(value)
+    else:
+        # static quantization - get previous scale and zero point from layer
+        scale = getattr(module, f"{base_name}_scale")
+        zero_point = getattr(module, f"{base_name}_zero_point")
+
+        if module.quantization_status == QuantizationStatus.CALIBRATION:
+            # calibration mode - get new quant params from observer
+            updated_scale, updated_zero_point = observer(value)
+
+            # update scale and zero point
+            device = next(module.parameters()).device
+            scale.data = updated_scale.to(device)
+            zero_point.data = updated_zero_point.to(device)
 
     return fake_quantize(value, scale, zero_point, args)
diff --git a/src/compressed_tensors/quantization/lifecycle/frozen.py b/src/compressed_tensors/quantization/lifecycle/frozen.py
index 9df8ec46..47129ca3 100644
--- a/src/compressed_tensors/quantization/lifecycle/frozen.py
+++ b/src/compressed_tensors/quantization/lifecycle/frozen.py
@@ -36,9 +36,12 @@ def freeze_module_quantization(module: Module):
 
     # delete observers from module
     observer_names = []
-    for submodule_name, _ in module.named_modules():
+    for submodule_name, submodule in module.named_modules():
         if "." not in submodule_name and submodule_name.endswith("_observer"):
-            # delete any observers that belong directly to this module
+            if getattr(submodule, "DYNAMIC", False):
+                continue  # do not delete dynamic observers
+
+            # delete any non-dynamic observers that belong directly to this module
             observer_names.append(submodule_name)
     for observer_name in observer_names:
         delattr(module, observer_name)
diff --git a/src/compressed_tensors/quantization/lifecycle/initialize.py b/src/compressed_tensors/quantization/lifecycle/initialize.py
index d78997c1..f1471cb0 100644
--- a/src/compressed_tensors/quantization/lifecycle/initialize.py
+++ b/src/compressed_tensors/quantization/lifecycle/initialize.py
@@ -78,6 +78,13 @@ def initialize_module_for_quantization(
 def _initialize_scale_zero_point_observer(
     module: Module, base_name: str, quantization_args: QuantizationArgs
 ):
+    # initialize observer module and attach as submodule
+    observer = quantization_args.get_observer()
+    module.register_module(f"{base_name}_observer", observer)
+
+    if observer.DYNAMIC:
+        return  # no need to register a scale and zero point for a dynamic observer
+
     device = next(module.parameters()).device
 
     # initializes empty scale and zero point parameters for the module
@@ -88,7 +95,3 @@ def _initialize_scale_zero_point_observer(
         torch.empty(0, device=device, dtype=int), requires_grad=False
     )
     module.register_parameter(f"{base_name}_zero_point", init_zero_point)
-
-    # initialize observer module and attach as submodule
-    observer = quantization_args.get_observer()
-    module.register_module(f"{base_name}_observer", observer)
diff --git a/src/compressed_tensors/quantization/observers/__init__.py b/src/compressed_tensors/quantization/observers/__init__.py
index 7e7ea908..1ae2c2f7 100644
--- a/src/compressed_tensors/quantization/observers/__init__.py
+++ b/src/compressed_tensors/quantization/observers/__init__.py
@@ -19,3 +19,4 @@
 from .base import *
 from .memoryless import *
 from .min_max import *
+from .dynamic import *
diff --git a/src/compressed_tensors/quantization/observers/base.py b/src/compressed_tensors/quantization/observers/base.py
index 96fe1049..023cb12f 100644
--- a/src/compressed_tensors/quantization/observers/base.py
+++ b/src/compressed_tensors/quantization/observers/base.py
@@ -30,6 +30,9 @@ class Observer(Module, RegistryMixin):
     pair
     """
 
+    # child classes should set to True if they are meant to be used as dynamic
+    DYNAMIC = False
+
     def __init__(self, quantization_args: QuantizationArgs):
         self.quantization_args: QuantizationArgs = quantization_args
         super().__init__()
diff --git a/src/compressed_tensors/quantization/observers/dynamic.py b/src/compressed_tensors/quantization/observers/dynamic.py
new file mode 100644
index 00000000..a2e9bf5f
--- /dev/null
+++ b/src/compressed_tensors/quantization/observers/dynamic.py
@@ -0,0 +1,35 @@
+# Copyright (c) 2021 - present / Neuralmagic, Inc. All Rights Reserved.
+#
+# Licensed under the Apache License, Version 2.0 (the "License");
+# you may not use this file except in compliance with the License.
+# You may obtain a copy of the License at
+#
+#    http://www.apache.org/licenses/LICENSE-2.0
+#
+# Unless required by applicable law or agreed to in writing,
+# software distributed under the License is distributed on an "AS IS" BASIS,
+# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+# See the License for the specific language governing permissions and
+# limitations under the License.
+
+
+from sparsetensors.quantization.observers.base import Observer
+from sparsetensors.quantization.observers.memoryless import MemorylessObserver
+
+
+__all__ = ["DynamicObserver"]
+
+
+@Observer.register("dynamic")
+class DynamicObserver(MemorylessObserver):
+    """
+    Values targted for a dyanmic observer do not require calibration,
+    this observer will persist in the model through the lifecycle, calculating
+    the quantization parameters on the fly for each observed Tensor.
+
+    This base dynamic observer uses the `calculate_qparams` from MemorylessObserver
+    where each scale and zero point is based solely on the currently observed
+    Tensor.
+    """
+
+    DYNAMIC = False