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A-Mark Precious Metals’ Stack’s Bowers Galleries Subsidiary Selected by the United States Mint to Auction Seven Sacagawea Gold Dollars that Orbited Earth Aboard the Space Shuttle Columbia in July 1999
Globenewswire· 2025-09-16 12:00
Core Insights - A-Mark Precious Metals, Inc. successfully auctioned seven year 2000 Sacagawea 22 karat gold dollars, achieving a total of $3.28 million in sales during a live auction held on September 12, 2025 [1][4] Company Overview - A-Mark Precious Metals is a fully integrated precious metals platform founded in 1965, offering a range of products including gold, silver, platinum, palladium, and copper bullion, as well as numismatic coins [5] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [5][11] - A-Mark has a nearly 40-year relationship with the United States Mint and is a leading Authorized Purchaser of precious metals [4] Auction Details - The auction featured the use of patented Coins in Motion technology, enhancing the presentation of the coins [5] - Two of the auctioned half-ounce coins sold for $550,000 each, marking them as the most valuable U.S. gold coins struck since the Civil War, with sale prices nearly 300 times their bullion content [4] Subsidiaries and Operations - Stack's Bowers Galleries, a subsidiary of A-Mark, is America's oldest collectible coin and currency auction house, conducting various types of auctions [15] - A-Mark's Direct-to-Consumer segment operates multiple online platforms targeting specific niches within the precious metals retail market [10] - The company also has a significant presence in Asia through its subsidiary LPM Group Limited, one of the largest precious metals dealers in the region [8]
A-Mark Precious Metals Sets Fiscal Third Quarter Earnings Call for Wednesday, May 7th at 4:30 p.m. ET
Globenewswire· 2025-04-16 20:05
Core Viewpoint - A-Mark Precious Metals, Inc. will hold a conference call on May 7, 2025, to discuss its fiscal third quarter results for the period ending March 31, 2025, with financial results to be released prior to the call [1]. Company Overview - A-Mark Precious Metals, Inc. is a fully integrated precious metals platform founded in 1965, offering a variety of products including gold, silver, platinum, palladium, and copper bullion, as well as numismatic coins [4]. - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [4]. Segment Details - The Wholesale Sales & Ancillary Services segment purchases and distributes precious metal products from various mints, including the U.S. Mint, and sells over 200 different products to various customers [5]. - The Direct-to-Consumer segment operates as an omni-channel retailer through subsidiaries like JM Bullion and Goldline, targeting specific niches within the precious metals market [10]. - The Secured Lending segment, through Collateral Finance Corporation, provides loans secured by bullion and numismatic coins to dealers, investors, and collectors [11]. Conference Call Information - The conference call is scheduled for May 7, 2025, at 4:30 p.m. Eastern time, with access details provided for both U.S. and international participants [2]. - A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 21, 2025 [3].
A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLC
Globenewswire· 2025-04-04 12:00
EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025. On April 1, 2025, A-Mark completed the acquisition of the 90% of AMS Holding, LLC (AMS) not previously ...