A-Mark Precious Metals Becomes Gold.com
What impact will the Gold.com rebranding have on the precious metals industry?
What impact will the Gold.com rebranding have on the precious metals industry?
The Q3 2025 numbers were rough, but A-Mark is playing a longer game and expanding its retail empire to control more of the bullion-to-collector pipeline, and hedging its exposure through diversified offerings.
A-Mark’s acquisition of Stack’s Bowers is another sign of the continued consolidation of the industry and should be a growing concern for collectors and investors alike.
According to a recent announcement, the latest investment of $9.6 million brings A-Mark’s ownership stake to 55.4%. A-Mark acquired its initial stake in SGB in 2014 and increased its investment again in 2022 to 47.4%.
JM Bullion was acquired by the industry wholesale powerhouse, A-Mark in March 2021. Since then, the company has gone on an acquisition spree, buying up many well-known precious metals dealers, limiting the options for investors looking to buy gold and silver.
The acquisition price for all assets is reported to be $41.5 million, consisting of $37.5 million in cash and $4.0 million of A-Mark common stock with an additional $37.5 million in cash incentives.
The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.
Gold at spot price deals let first-time buyers purchase physical gold with no dealer premium. Here’s how they work, which dealers offer them, and how to find the best deal.
JM Bullion, BGASC and Provident Metals all offer discounts on purchases for military veterans and active duty personnel. The discount offer is “As Low as” quantity pricing. You will need to contact customer service before you place your order in order for the discount pricing to be applied to your account. For active duty personnel, … Read moreMilitary and Veteran Discount From Bullion Dealers
On August 30, A-Mark announced that their JM Bullion subsidiary had entered into an agreement to buy online bullion dealer BGASC for $4.5 million in cash. BGASC was founded in 2012 in California and has reported more than 70,000 customers and $200 million in annual revenue. BGASC is an abbreviation for Buy Silver and Gold … Read moreA-Mark/JM Bullion acquires BGASC