Spectrum Group International, Inc. authorizes a Buyback Plan.

Spectrum Group International, Inc. is a United States-based global trading and collectibles network. The Company is a trader of precious metals and an auctioneer of coins and wine serving both collectors and dealers. The Company's collectibles offerings span the price from modest to ultra-high end. The Company also offers loans to coin dealers, collectors and investors collateralized by their precious metals, rare coins and other collectibles. The Company operates in two segments: Trading and Collectibles. Its Trading business is conducted through A-Mark Precious Metals, Inc. (A-Mark) and its subsidiaries. The Company's Collectibles business operates as an integrated network of companies concentrating on numismatic (coins), paper currency, and rare and fine vintage wine. The Company is also a merchant/dealer of certain collectibles.