Silver Towne Mint, a wholly owned subsidiary of A-Mark Precious Metals Inc. of El Segundo, California, has acquired the assets of Orem-based Regency Mint Manufacturing LLC. Silver Towne acquired the Utah operation for $2 million, according to a release from A-Mark Precious Metals.
Regency Mint is a 25-year-old family-owned and operated mint that sells primarily to distributors and retailers of precious metals.
Silver Towne Mint acquired all of Regency Mint’s minting equipment, which is expected to be moved soon to the Silver Towne’s facility in Winchester, Indiana. The equipment is expected to increase Silver Towne’s capacity of struck products from 30 million to more than Please log in to see the rest of this story.
