A-Mark Precious Metals

A-Mark Precious Metals, Inc.
Public
Traded as NASDAQ: AMRK
Industry Metals
Predecessor Spectrum Group International (2005-2014) as subsidiary[1]
Founded 1965,[2] 2014 (as public company)
Headquarters 2121 Rosecrans Avenue, Suite 6300, El Segundo, CA 90245[2]
Key people
  • Gregory Roberts (CEO)
Owners Publicly held
Website www.amark.com

A-Mark Precious Metals is a precious metals trading company. They are notable as the first company allowed to make and sell coins from the metals recovered in the shipwreck of SS Gairsoppa.[1] As of 2016 it was a Fortune 500 company.[3]

The company was founded in 1965 as A Mark Coin Company.[1]

Greg Manning Auctions Inc. bought a majority stake in A-Mark for $16 million in 2005. After Greg Manning Auctions changed its name to Escala Group, then to Spectrum Group International Inc., it purchased the remainder of A-Mark in 2009.[1] In 2014, Spectrum spun off A-Mark so that it could be publicly traded.[1]

References

  1. 1 2 3 4 5 White, Ronald (6 Jul 2014). "A-Mark Precious Metals may profit from increased awareness". Los Angeles Times. Retrieved 24 June 2017.
  2. 1 2 "About A-Mark". A-Mark Precious Metals, Inc. Retrieved 24 June 2017.
  3. Dempsey, Caitlin. "Fortune 1000 Companies List for 2016". GeoLounge. Retrieved 24 June 2017.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.