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Lincoln Coin & Bullion Faces Unprecedented Demand Amid Precious Metal Surge
Store owner says they've been overwhelmed with calls and inquiries as gold and silver prices skyrocket.
Published on Feb. 9, 2026
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Lincoln Coin & Bullion, a Nebraska business that buys and sells precious metals like gold and silver, is facing an unprecedented surge in demand as the value of these commodities has nearly doubled or tripled in the past year. The store's owner, Pat Moran, says they've been inundated with calls and inquiries, at times receiving over 90 voicemails per day, and have had to stop answering phones due to the overwhelming volume. Moran cites economic uncertainty, a weaker U.S. dollar, and the addition of silver to the critical minerals list as factors driving the spike in precious metal prices and customer interest.
Why it matters
The surge in precious metal prices and demand for Lincoln Coin & Bullion's services reflects broader economic uncertainty and volatility, as investors seek safe havens for their savings. This trend highlights how changes in the broader economy can significantly impact local businesses, especially those dealing in commodities like gold and silver.
The details
Lincoln Coin & Bullion has been in business since 2006, buying and selling people's coin collections, bullion (precious metals made into bars or coins), and scrap precious metals like jewelry and dental gold. With major economic uncertainty over the past year, including tariffs, unease in foreign markets, and a weaker U.S. dollar, the store has seen a dramatic increase in customer inquiries and transactions. The price of gold has nearly doubled since February 2025, while silver has tripled in value just in the last month.
- The Department of the Interior added silver to the critical minerals list in November 2025.
- Gold prices have nearly doubled since February 2025.
- Silver prices have tripled in the last month.
The players
Lincoln Coin & Bullion
A Nebraska business that buys and sells precious metals like gold and silver, founded in 2006.
Pat Moran
The owner and CEO of Lincoln Coin & Bullion.
What they’re saying
“We stopped answering the phones, primarily because we couldn't respond in time, there was just too many. This is unprecedented as far as the number of calls and inquiries. I mean we literally can't keep up, and I'm here til whatever o'clock at night ... trying to stay on top of everything.”
— Pat Moran, Owner and CEO, Lincoln Coin & Bullion (1011now.com)
“Purchase metals is a way to put different eggs in different baskets. On a long run basis, it's not a bad place to park some resources or money.”
— Pat Moran, Owner and CEO, Lincoln Coin & Bullion (1011now.com)
What’s next
Lincoln Coin & Bullion is encouraging customers to make appointments by text or email due to the high demand, as the store works to keep up with the surge in precious metal transactions.
The takeaway
The unprecedented demand facing Lincoln Coin & Bullion reflects broader economic uncertainty and the appeal of precious metals as a safe haven investment. This trend highlights how changes in the broader economy can significantly impact local businesses, especially those dealing in commodities like gold and silver.
