Realcent.org

Base Metal & Precious Metals Forum

Skip to content

A-mark is buying Silvertowne!

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

A-mark is buying Silvertowne!

Postby highroller4321 » Sat Oct 08, 2016 9:10 pm

I guess the news of silvertowne being in shakey waters must have been true! Looks like they are being bought by A-mark!

https://finance.yahoo.com/news/mark-pre ... 00172.html
highroller4321
Realcent Moderator
 
Posts: 7214
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon
Top

Re: A-mark is buying Silvertowne!

Postby 68Camaro » Sun Oct 09, 2016 7:47 am

Hadn't heard this, thanks. I read between the lines a suggestion that SilverTowne was having issues with consistent supply of reasonably priced silver, and this brings them into a vertically integrated relationship.

I also wonder if there was another generation of family waiting in the wings capable and interested in taking over the business.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8414
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World
Top

Re: A-mark is buying Silvertowne!

Postby highroller4321 » Sun Oct 09, 2016 5:27 pm

68Camaro wrote:Hadn't heard this, thanks. I read between the lines a suggestion that SilverTowne was having issues with consistent supply of reasonably priced silver, and this brings them into a vertically integrated relationship.

I also wonder if there was another generation of family waiting in the wings capable and interested in taking over the business.


From some of the rumors I have heard is that they started leveraging out and never were able to get back to whole again.
highroller4321
Realcent Moderator
 
Posts: 7214
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon
Top

Re: A-mark is buying Silvertowne!

Postby 68Camaro » Sun Oct 09, 2016 5:31 pm

Seems like it is only a matter of time once that starts.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8414
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World
Top

Re: A-mark is buying Silvertowne!

Postby Goldilocks » Mon Oct 24, 2016 7:04 pm

I don't know if it was because they were in trouble or generally just slow (or selling items they didn't have in inventory), but they always took their sweet time shipping me auction items from eBay.
Goldilocks
 
Posts: 7
Joined: Mon Oct 24, 2016 6:25 pm
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 141 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group