A-Mark Precious Metals
| Type | Public |
|---|---|
| Nasdaq: AMRK Russell Microcap Index component | |
| Industry | Metals |
| Predecessor | Spectrum Group International (2005-2014) as subsidiary[1] |
| Founded | 1965,[2] 2014 (as public company) |
| Founder | Steven Markoff |
| Headquarters | 2121 Rosecrans Avenue, Suite 6300, El Segundo, CA 90245[2] |
Key people | Gregory Roberts (CEO) Thor Gjerdrum (President) |
| Owners | Publicly held |
Number of employees |  220 (2020) [3] |
| Website | www |
A-Mark Precious Metals -- founded in 1965 as A Mark Coin Company [1] -- is a precious metals trading company. It was the first company allowed to make and sell coins from the metals recovered in the shipwreck of SS Gairsoppa.[1] As of 2018 it was a Fortune 500 company.[4] In 2020 it fell off the Fortune 500 to the Fortune 1000[5].It offers gold, silver, platinum and palladium products for storage and delivery. This can be stored via bars, coins, grain and wafers.[6]
Greg Manning Auctions Inc. bought a majority stake in A-Mark for $16 million in 2005.[7] Thereafter, the firm changed its name to Escala Group,[8] then to Spectrum Group International Inc.[9] In 2009, it purchased the remainder of A-Mark.[1] In 2014, Spectrum spun off A-Mark so that it could be publicly traded.[1] A-Mark acquired Goldline International in 2017.
References[]
- ^ a b c d e White, Ronald (6 Jul 2014). "A-Mark Precious Metals may profit from increased awareness". Los Angeles Times. Retrieved 24 June 2017.
- ^ a b "About A-Mark". A-Mark Precious Metals, Inc. Retrieved 24 June 2017.
- ^ "-Mark Precious Metals Number of Employees 2013-2020". Macrotrends. Retrieved 2021-03-11.
- ^ "A-Mark Precious Metals". Fortune. Retrieved 2018-12-22.
- ^ "A-Mark Precious Metals Company Profile". Fortune. Retrieved 2020-05-31.
- ^ McWilliams, Jake (2019-05-20). "Latest Fundamentals: A-Mark Precious Metals (NASDAQ: AMRK)". Reagents Global Market. Retrieved 2019-05-21.
- ^ "Greg Manning Auctions Buys A-Mark". Los Angeles Times. 2005-07-19. ISSN 0458-3035. Retrieved 2019-05-21.
- ^ "UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK" (PDF). Sec. Gov.
- ^ "Spectrum Group International Inc SPGZ Board". Investors Hub. Retrieved 2019-05-21.
External link[]
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- Metal companies of the United States
- American companies established in 1965
- Manufacturing companies established in 1965
- 1965 establishments in California
- Companies based in El Segundo, California
- United States company stubs