A-Mark Precious Metals, Inc

a-mark-coin

El Segundo, California-based A-Mark Precious Metals, Inc, is a full service precious metals trading company that offers a wide variety of products including: gold, silver, platinum, palladium for storage, and delivery in the form of coins, bars, wafers and grain.  Services include financing, leasing, consignment, hedging and customized financial programs.

This precious metals company is one of the oldest and most established in the United States and is an official distributor for many Government Mints throughout the world including The Royal Canadian Mint, The South African Mint, The Australian (Perth) Mint and an Authorized Purchaser for the US Mint.

With trading centers in Santa Monica, California, and Vienna, this precious metals company utilizes active two-way trading Monday through Friday from 12:00 am to 5:00 pm, Pacific Time. Markets are open, even while many major world commodity markets are closed.

A-Mark is one of the largest precious metals dealers in North America, serving customers on six continents. Their clients include coin, metal dealers, investors, collectors, mines, manufacturers, refiners, jewelers, investment advisors, merchants, commodity brokerage houses, and central banks.

Reviews of A-Mark Precious Metals

amarksilver barA-Mark was founded in 1965 as A Mark Coin Company, so it has quite a long history and favorable reputation in the industry. Its vintage silver bars are collectible and trade at a premium among collectors.

Today it remains one of the top metal dealers in the country. Recent reviewers on sites such as Yelp.com say that the company is a pleasure to do business with. However, they are only focused on high-volume customers and may not be the best choice for small purchases. We recommend dealing with them directly only if you are interested in trading hundreds of ounces of gold and thousands of ounces of silver or more.

Mint Locations

A-Mark company headquarters is located in the Plaza at Continental Park, a Class-A office building in El Segundo, CA. It has a European office in Austria, and a separate auditors office in Irvine, CA.

Below is a streetview photo of the mint:

a-mark

 

USA

Corporate Headquarters
A-Mark Precious Metals, Inc
2121 Rosecrans Avenue
Suite 6300
El Segundo, CA 90245

Europe
A-Mark Trading AG
Collection Business Center
5th Floor , Office A-14
Tuchlauben 7a
1010 Vienna , AUSTRIA

Auditors
Grant Thornton, LLP
18400 Von Karman
Suite 900
Irvine, CA 92612

A-Mark’s Claim to Fame

A-Mark Precious Metals, Inc trades on the NASDAQ exchange under the ticker symbol AMRK.  The company is a subsidiary of the Spectrum Group.

A-Mark was the first company allowed to make and sell coins from the metals recovered in the shipwreck of SS Gairsoppa, a British steamship sank by a German U-boat off the coast of Ireland in 1941. In 2011, Odyssey Marine Exploration discovered the wreck and its cargo of £150 million worth of silver bullion.

Videos of the Mint:

A-Mark doesn’t seem to share any videos of their production process, there are many enjoyable unboxing videos of A-Mark minted rounds and bars available online. A few of our favorites can be found below.

Here is an unboxing of some A-Mark silver rounds from the 1980s that look like they are brand new.

Finally, here is a very good look at some 1 troy ounce A-Mark bars from 1981.

Executives:

Gregory N. Roberts has served as the CEO of  A-Mark since 2005. Roberts also serves as president and CEO of Spectrum Group International Inc., a position held since 2008. He is a lifetime member of the American Numismatic Association.

Thor G. Gjerdrum serves as president of A-Mark after being appointed to the position in 2016. His previous roles at the company include Executive Vice President and Chief Operating Officer, and Chief Financial Officer and Executive Vice President.

Other key executives include:

Cary Dickson – Chief Financial Officer

David W. G. Madge – Chief Marketing Officer

Armik Zakian – Chief Information Officer

A-Mark Precious Metals, Inc

 

 

Content updated on Jan. 1st, 2023