Spectrum Group International Inc (SPGZ)

Spectrum Group is a consolidated global collectibles network. The Company is a leading auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It is also a dealer of certain collectibles and trader of precious metals. The Company's collectibles offerings span the modest to ultra high-end price spectrum. Spectrum conducts its operations in two business segments: collectibles and trading. Spectrum Group's collectibles companies focus on the Philatelic side of the collectibles segments and it includes H.R. Harmer, Inc. and Nutmeg Stamp Sales, Inc., both in North America; Corinphila Auktionen of Zurich, Switzerland and Heinrich Kohler Auktionshaus of Wiesbaden, Germany, both in its European division; and John Bull Stamp Auctions, Ltd., which operates within Asia division. The trading segment operates through precious metals. It is one of the private sellers of bullion coins and bullion gold, silver and platinum to the wholesale marketplace.