September 09, 2011 01:48 PM Eastern Daylight Time
IRVINE, Calif.–(BUSINESS WIRE)–A-Mark Precious Metals, inc. (“A-Mark”), a subsidiary of Spectrum Group International, inc. (SPGZ.PK) (“SGI”), announced today that David Madge has joined SGI’s Trading Segment as the President of A-Mark. Mr. Madge comes to A-Mark after 17 years with the Royal Canadian Mint as the head of marketing for bullion products.
“we are very pleased to add David to our senior executive team at A-Mark. we believe that David’s bullion market knowledge and experience will be instrumental in the continued expansion of our global trading operations.”
Greg Roberts, CEO of A-Mark and SGI, noted, “We are very pleased to add David to our senior executive team at A-Mark. we believe that David’s bullion market knowledge and experience will be instrumental in the continued expansion of our global trading operations.”
Rand LeShay, senior vice president of A-Mark, commented, “We saw firsthand the integral role David played at The Royal Canadian Mint during a time of unprecedented demand for bullion. we are confident that his leadership abilities will help A-Mark navigate the precious metals markets during both calm and volatile times.”
Coin collecting is becoming increasingly popular as a hobby and a part time business. People collect and trade Roman coins for many different reasons. Some admire the beauty, others like the history surrounding them, and some use it as an investment vehicle. No matter what your reason for collecting ancient Roman coins, it is very exciting to hold a coin which was once held by a Roman Soldier 2000 years earlier
Many of the most collected Roman coin are the ones which were struck before, during, or just after the death of Jesus Christ. People can correlate the coins back to...
About Spectrum Group International, inc.
Spectrum Group International, inc., named to the Fortune 500 list in 2010, is a global trading and collectibles network. we are a trader of precious metals and an auctioneer of coins, stamps, wine, and antique arms, armor and historical memorabilia, serving both collectors and dealers. we are also a merchant/dealer of certain collectibles. Our collectibles offerings span the price spectrums from modest to ultra-high end. furthermore, we offer loans to coin dealers, collectors and investors back by their precious metals, rare coin and other collectibles as collateral.
Our Trading business is conducted through A-Mark Precious Metals, inc. and its subsidiaries. A-Mark is a full-service precious metal trading company, and an official distributor for many government mints throughout the world. A-Mark products include gold, silver, platinum and palladium for storage and delivery in the form of coins, bars, wafers and grain, and our services include financing, leasing, consignment, hedging and various customized financial programs. A-Mark’s subsidiary, Collateral Finance Corporation, provides financing on a wide array of bullion and numismatic products.
Our Collectibles business operates as an integrated network of leading companies concentrating on numismatic (coins) and philatelic (stamps) materials, and rare and fine vintage wine. we have offices and auction houses in North America, Europe and Asia. In addition to traditional live auctions, we also conduct Internet and telephone auctions.
David Lawrence Rare Coins Auctions announced what may be the largest internet-only auction ever held of PCGS and NGC certified U.S. coins.
Virginia Beach, VA (PRWEB) September 08, 2011
Our Collectibles companies in the philatelic field are auction houses H.R. Harmer Global Philatelic of Irvine, California, Corinphila Auktionen of Zurich, Switzerland, Heinrich Köhler Auktionshaus of Wiesbaden, Germany, Corinphila Veilingen B.V., Amstelveen, Netherlands, and John Bull Stamp Auctions, Ltd of Hong Kong. Spectrum Group’s Collectibles companies in the numismatics field include Stack’s Bowers Galleries (rare coin and currency auction house), Stack’s Bowers and Ponterio (world and ancient coins and currency auction house), Teletrade (online coin auctions) and Spectrum Numismatics International (wholesale rare coin dealer), all based in Irvine, California. Spectrum Wine Auctions is engaged in the sale by auction of rare and fine vintage wine.
Safe Harbor Statement
this press release contains forward-looking statements, including statements regarding the proposed transaction. Any statements contained herein that are not statements of historical fact may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934..Actual results may differ materially from forward-looking statements due to a number of risks and uncertainties, including the risk that the conditions to the closing of the transaction may not be satisfied. other factors that could cause actual results to differ are identified in our public filings with the Securities and Exchange Commission (SEC), and include the fact that we have not filed all of our reports required by the Securities Exchange Act of 1934. more information about factors that could affect our business and financial results included in our public filings with the SEC, which are available on the SEC’s website located at sec.gov.
The words “should,” “believe,” “estimate,” “expect,” “intend,” “anticipate,” “foresee,” “plan” and similar expressions and variations thereof identify certain of such forward-looking statements, which speak only as of the dates on which they were made. Additionally, any statements related to future improved performance and estimates of revenues and earnings per share are forward-looking statements. we undertake no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.