A-Mark Expands Into The Collectible Coin Market With Acquisitions Of Stack's Bowers Galleries, AMS Holding, LLC, And Pinehurst Coin Exchange

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark or the Company), a leading fully integrated precious metals platform, announced its continued expansion into the collectible coin market with the following acquisitions:

• On February 28, 2025, A-Mark completed the previously reported acquisition of Spectrum Group International, Inc. (SGI), the parent of Stack's Bowers Galleries (SBG), one of the world's largest rare coin and currency auction houses and a leading wholesale and retail dealer specializing in numismatic and bullion products. SBG generated Total Revenue of $536.4 million and EBITDA of $10.9 million during the fiscal year ended June 30, 2024.
• On March 9, 2025, A-Mark entered into a definitive agreement to acquire the 90% of AMS Holding, LLC (AMS) not owned by A-Mark. Founded in 1984, AMS operates the flagship brand GOVMINT where a team of over 150 dedicated sales representatives works with customers to assemble collections of vintage and modern coins.   AMS generated Total Revenue of $203.8 million and Adjusted EBITDA of $9.3 million during the year ended December 31, 2024.
• On February 28, 2025, A-Mark, closed the acquisition of the 51% of Pinehurst Coin Exchange, Inc. (Pinehurst) that it previously did not own. Founded in 2005, Pinehurst serves the wholesale and retail markets and is one of the nation's largest sellers of modern and numismatic coins on eBay. Pinehurst generated Total Revenue of $215.8 million and EBITDA of $7.7 million during the year ended December 31, 2024.