A-Mark Precious Metals just appointed Cary Dickinson as chief financial officer, starting November 9, 2015. A-Mark is one of the largest North American players in the precious metals sphere, yet few bullion investors are aware of this huge company.
Who is A-Mark Precious Metals?
A-Mark is a full-service precious metals trading company (AMRK) and is an official distributor for all major sovereign mints, such as the United States Mint. A-Mark offers bullion bars, coins, ingots, plates, powders, and wafers in gold, silver, platinum and palladium. The A-Mark Coin and Bar unit deals in over 200 different types of precious metals products in a wide variety of shapes, weights, and sizes. A-Mark has bullion trading centers in California and Austria. A-Mark is one of the authorized purchasers of United States Mint bullion coins, and has similar arrangements with other sovereign mints around the world. A-Mark also has an industrial unit that provides services to the manufacturers of products that incorporate precious metals.
Along with these service and trading activities, A-Mark Precious Metals offers a variety of consumer services, including financing and consignment. The Collateral Finance Corporation, a licensed California Finance Lender, is a subsidiary of A-Mark. This company offers collateralized loans to coin and metal dealers, investors and collectors. A-Mark’s Transcontinental Depository Services subsidiary offers dealers, financial institutions, investors, and collectors a broad range of secure storage options for precious metals products.