Troubled Gold Trader, Auctioneer Moves to Irvine

Spectrum Group International Inc. has yearly sales of $4 billion, most from selling gold coins and bars to banks and others that resell them to investors. Spectrum also holds auctions of stamps, coins, antique firearms and military collectibles, as well as a wine auction business it is starting this...

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Bibliographic Details
Published inOrange County Business Journal Vol. 32; no. 45; p. 3
Main Author Beighley, Dan
Format Trade Publication Article
LanguageEnglish
Published Newport Beach CBJ, L. P 09.11.2009
Subjects
Auctions
Coins
Corporate profits
Firearms
Investments
Net losses
Profits
Pyramid operations
Raids
Spectrum allocation
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Summary:Spectrum Group International Inc. has yearly sales of $4 billion, most from selling gold coins and bars to banks and others that resell them to investors. Spectrum also holds auctions of stamps, coins, antique firearms and military collectibles, as well as a wine auction business it is starting this month with a $3 million offering at The St. Regis Monarch Beach Resort in Dana Point.
ISSN:1051-7480