Tag: bullion sales

Royal Canadian Mint: Sustained Profitability in First Quarter Financial Report

Royal Canadian Mint: Sustained Profitability in First Quarter Financial Report

In releasing its 2015 First Quarter Financial Report, the Royal Canadian ‎Mint announced consolidated revenues of $640.1 million in the 13 weeks ended March 28, 2015, and consolidated profit before taxes of $15.7 million. These results represent a modest decline from the same period in 2014, when $17.0 million in pre-tax profits were achieved on […]

Merit Gold & Silver No Longer Accepting Bullion Orders; Going Out of Business (Update)

Merit Gold & Silver No Longer Accepting Bullion Orders; Going Out of Business (Update)

by Hubert Walker ………… Visitors to the website of Merit Gold and Silver, a Santa Monica, California-based bullion and precious metals dealer, have seen a message stating that, as of August 5, the company is “no longer accepting bullion orders.” There is no explanation on the website why the company has stopped taking orders. Customers […]

By August 20, 2014 38 Comments Read More →
Revisiting Reportable Bullion & Cash Transactions

Revisiting Reportable Bullion & Cash Transactions

By Richard Schwary – California Numismatic Investments (www.golddealer.com) It is hard to believe it has been a couple of years since my first comments about government reporting requirements within the coin business. I called this effort Rules for Reportable Bullion & Cash Transactions or Lack Thereof and it received comments which are included in this second […]

 
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