Announced

Completed

A-Mark Precious Metals completed the acquisition of the remaining 51% stake in Pinehurst Coin Exchange for $11.8m.

Synopsis

A-Mark Precious Metals, a precious metals platform, completed the acquisition of the remaining 51% stake in Pinehurst Coin Exchange, a precious metals broker that services the wholesale and retail marketplace, for $11.8m. “A-Mark has been an impactful partner to Pinehurst since 2019, helping to expand our product catalogue and customer service capabilities. Our acquisition of ModernCoinMart from AMS last year broadened our reach in the important eBay marketplace and provided an opportunity to work directly with Jim and his highly capable team,” Vince Wade, Pinehurst Founder.

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