Gold investor says sales have increased tremendously since the coronavirus pandemic began.

Glenn Sorgenstein, owner of Wilshire Coin, says business has been great since the the coronavirus pandemic began last march.

Video Transcript

GLENN SORGENSTEIN: Currency is just paper. It's a promissory note. Gold is real. When I took over Wilshire Coin in 1989, then it became a full-fledged store for people, the public, coming in to buy and sell gold, silver, platinum, and palladium.

This is a $20 gold piece. It was made in 1927.

People are looking for something that's just more stable, something that has stability, that's going to be there today, tomorrow, you know, next year, 10 years from now. When the pandemic hit, when we go back to the beginning of March of 2020, we noticed things were picking up quite a bit.

The public had a craving for metal we get a lot of men and women. We get older people. But now we're seeing people from across the board, and the investor today is far more intelligent than the investor-- there's far more information at your access. So it's a lot of younger people and that's good to see.