Commodities
Silver’s Historic Surge Fuels Rush to Sell Heirlooms and Coins
Prices have more than doubled over the past year, even after the recent market pullback.
Sol Glatstein shows a coin from his silver collection in New York, US.
Photographer: Manuela Lourenço/BloombergSol Glatstein, a 79-year-old resident of Manhattan’s Upper East Side, took a bus downtown one day last month to sell a mint-condition American Silver Eagle dollar coin inherited from his parents for $100.
Until this year, Glatstein had planned to pass the coin on to his one-year-old grandson. But the recent record-breaking rally in silver prices prompted him to cash in.